serve • lead • impact
on the
BOARD of DIRECTORS
T
he board of directors is responsible for determining the objectives and
policies of United Ag. It is the board that issues instructions to the
general manager. Board elections are conducted at United Ag’s annual
meeting, typically held in June. A nominating committee takes and makes
recommendations, but candidates can also be nominated at the meeting.
qualifications
• Personal characteristics of honesty, loyalty
and stability
• Sign letter of confidentiality & attend board
meetings regularly
• Knowledge of cooperative principles and
practices
• Ensure the operations of the cooperative
are in accordance with the articles, by-laws
and applicable state and federal regulations
• Ability to analyze, organize and arrive at a
decision
• Develop and adopt short and long range
plans consistent with organization’s objectives
• Exhibit sound business managements
through successful management of personal
business
• Adopt board policies as guidelines for
baord and management direction and action
• Courage to support the policies of the
board
• Adopt personnel policies to provide
employee direction and satisfaction
• Supportive of the cooperative in voice and
patronage
• Review and analyze financial statements,
budget comparisons, and other financial
reports for the purpose of maintaining
financial stability and growth
• Have maintained compliance with coop
credit policy and be a member of good
standing
• Willingness to attend local, state and
regional meetings, seminars and training
institutes
• Courage to resist pressures from special
interest groups
10
responsibilities
• Employ a competent auditor & legal counsel
• Employ and appraise performance of the
general manager
• Maintain an employee wage and salary plan
• Conduct meetings of the membership