Legacy Ag Credit, real estate and agricultural loans in North Texas

Board of Directors

Jerry Cordell - Chairman Mr. Cordell owns and operates an agricultural retail business and a beef cattle operation in Kaufman County. He has served as a director continuously since 1979. Cody Newman - Vice Chairman Mr. Newman is a partner in a family business that manages and develops oil, gas, real estate and ranch properties. He served as a director at large from August 2000 to September 2008, when he was appointed to fill the remaining term of retiring director Carl Swendson. In 2010, he was elected to serve another term. Wayne Bawcum - Director Elected Director, Audit Committee Chairman Mr. Bawcum is a longtime resident of Hopkins County. He graduated from the University of Texas at Arlington with a BBA in Accounting in December 1972, and is currently the senior partner with Bawcum & Preuss, CPA’s, in Sulphur Springs. A. G. Sandifeer - Director Mr. Sandifeer retired from TXU after 36 years of service. He currently works with J&L Utility Construction Co. and also is a cattle rancher. He was elected director in 2001. Mr. Sandifeer owns and operates a beef cattle operation in Hopkins County. Terry Milligan - Director Mr. Milligan is a livestock inspector for USDA and owns and operates a cattle operation in Van Zandt County. He was elected director in April 2010.	STOCKHOLDERS: Legacy Ag Credit has a Board of Directors elected by the member-stockholders; the Board governs the long-term direction and overall health of the cooperative. Board members typically serve three-year terms, and each year, stockholders have the opportunity to vote in a director election. Legacy Ag Credit wants good representation on this board, and to that end, the association encourages stockholders to get involved in director elections. For one thing, it is very important that you exercise your stockholder right to vote. More importantly, we hope you will consider whether you have skills and experience that would be an asset on our board. We encourage you to consider running for the board if you would like to help set the policies that govern the day-to-day operations, review reports to assess the association’s performance and asset levels, and establish the strategic direction to keep Legacy financially strong and competitive. Download the Eligibility Requirements and Application (.pdf)
Dr. Herbert C. Marlow - Director Dr. Marlow is the owner of Four Seasons Books, Inc. and owns and operates a cattle ranch in Van Zandt County. He was elected director in April 2010. Ron Gabriel - Director Mr. Cordell owns and operates a beef cattle, horse & hay operation and oil field service companies in Van Zandt County, Texas. He was appointed to the Board in 2011.