SULPHUR SPRINGS, Texas - Legacy Ag Credit is pleased to announce the results of its recent board and nominating committee elections.
Incumbent Director Terry Milligan was re-elected by the stockholders to a three (3) year term. Mr. Milligan has served on the Board since 2010 and he currently serves as Chairman of the Board, a position he has held since 2016.
Clayton "Clay" Smith, of Golden, Texas, joins the board as a newly elected director and will also serve a three (3) year term. A Legacy Ag Credit stockholder since 2017, Mr. Smith is a fifth-generation farmer and owner of both a poultry operation and a commercial construction business.
Additionally, the stockholders elected Dr. Herbert C. Marlow, R. Clayton Conway, Jr., and Kevin Carter as members of the 2026 Nominating Committee, with Amanda Hazel, Joey Hooton, and R. Michael Groom elected to serve as alternates.
The election was conducted in accordance with Legacy Ag Credit’s bylaws. To ensure a secure and impartial process, Legacy engaged independent firm Survey and Ballot Systems to manage ballot distribution, vote tabulation, and reporting of the official results.
Legacy Ag Credit would like to thank stockholders Tina Valdez and Jim Tiller for their willingness to run for a Board position and sincerely thanks all stockholders who participated in the election process. Your involvement is a vital component of the cooperative structure and is greatly appreciated.
The Boards of Legacy Ag Credit, ACA and Texas Farm Credit Services unanimously signed a Letter of Intent (LOI) to explore a proposed merger of the two associations to be effective on or around November 1, 2027.
Legacy Ag Credit invites poultry growers, prospective growers, landowners, agricultural professionals, and students to attend its 3rd Annual Poultry Conference on Tuesday, October 13, 2026, at the Mineola Civic Center.
Legacy Ag Credit recently welcomed three students to its Sulphur Springs office for the association's inaugural Job Shadow Program, a three-day experience designed to introduce young people to career opportunities within agricultural lending and the Farm Credit System.
Marshall Branch Manager Amy Fields was selected to participate in this year's Association Staff Leadership Program sponsored by Farm Credit Bank of Texas.