Director Term Limits Changing
The FCS Financial Board of Directors recently developed and approved a plan that changes the term of all
directors from three years to four years.
The board made this change for several reasons. Providing leadership for a $4 billion cooperative requires
extensive training to meet the needs of the association. Each board member sits on a number of different
committees. In order for a new board member to provide value to the association, they have to understand how
the association works, what is required from the board member and the purpose of the committees they are a part
of. It takes some time to make this adjustment and provide the leadership needed. A four-year term allows our
board to become familiar with their position, duties and responsibilities.
Beginning with the 2019 election, the transition process will take three years before all directors are serving
four-year terms. To achieve this transition, one director seat in each of the elections in 2019, 2020 and 2021 will
be elected to a transitional term of three, two and one year(s), respectively.
This change will have no impact on you as a member-owner. However, as a cooperative, it is important
that all stockholders are aware of the changes in order to make informed decisions when voting during annual
elections.
FCS Financial's College Internship Program
FCS Financial's lending and related financial services internship is
Unique-Rewarding-Memorable.
Working with several mentors, interns learn the components of the
lending process, from meeting the customer and taking the application,
through credit analysis and decision, to appraisal and loan closing.
Additional time will be spent on learning credit fundamentals and
credit philosophy. Interns will work in our Central Office in Jefferson
City as well as multiple branch locations with the local staff and
regional specialists in lending, credit, appraisal and risk management.
This provides first-hand experience of the level of service and personal
relationships we have with our customers.
Interns also complete one or more projects identified by FCS
Financial that are hands-on in nature and designed to add value to the company. Presentations to the Board of
Directors, senior leadership, mentors and other staff are given prior to the end of the internship.
Minimum Qualifications
• College sophomores, juniors, first semester seniors or graduate students
• Desired degree programs are Agricultural Business, Agricultural Economics, Animal Science, Agronomy,
Agricultural Education, Agricultural Communications, General Agriculture, Business, Finance
• Minimum 2.5 GPA
Internships last for 12 weeks. Applications are due Friday, November 2, and final selections will be made by
the end of the month. If you know of a student interested in the program, please direct them to our website at
www.myfcsfinancial.com to complete the online application. The job posting for the Marketplace Intern can be
found on the Careers page under the About Us tab.
16 HEARTBEAT | FALL 2018