NEWS RELEASE Contacts:
Donna J. Camacho, Director of Communications
Joy M. Upchurch, Vice President-Marketing
TUESDAY, JANUARY 13, 2009
AGFIRST FARM CREDIT BANK ANNOUNCES
RESULTS OF DIRECTOR ELECTIONS
COLUMBIA, S.C.— At recent director elections, Mark Wheeler of Bradenton, Fla., was elected to the
AgFirst Farm Credit Bank board of directors for a four-year term. Re-elected to the board were Lyle Ray
King of Ash, N.C., Walter L. Schmidlen Jr., of Elkins, W.Va., and Thomas W. Kelly of Tyrone, Penn.
Retiring from the board is Henry M. “Buddy” Frazee of Alachua, Fla., a Farm Credit Bank director since
Born in Winter Haven, Fla., Wheeler is a graduate of Winter Haven High
School and Troy State University, where he earned a Bachelor of Science degree
in Finance. He also completed the Florida Leadership Program for Agriculture
and Natural Resources, sponsored by the University of Florida.
Wheeler is chief financial officer of Wheeler Farms, Inc., headquartered in
Lake Placid, Fla., which grows citrus on approximately 2,910 acres in Brevard,
DeSoto, Glades and Polk counties in Florida. He also serves as a director of
Wheeler Brothers, Inc., a family-held citrus contract harvesting corporation.
Wheeler is president of Hardee Livestock Market, Inc., a beef cattle operation. He also serves
as president of Boston Mining Company, a citrus, real estate and cash investment organization.
Wheeler also serves on the board of directors for Farm Credit of Southwest Florida, headquartered
advisory committee for Gulf Citrus Growers Association. He is a member of the Peace River Citrus
AGFIRST ANNOUNCES RESULTS OF DIRECTOR ELECTIONS ........................................................2
Lyle Ray King
Involved in farming since 1956, King owns and operates a 2,500-acre farm
in N.C., where he grows corn, soybeans and wheat. A member of the AgFirst
Farm Credit Bank board of directors since 2005, he also serves on the board of
directors of Cape Fear Farm Credit, headquartered in Fayetteville, N.C. King
also serves on the board of directors of Atlantic Telephone Membership
Cooperative, a telephone and cable television cooperative, and Landbank
Resource Management, a real estate company.
King is also active in several farm organizations, including the Tobacco Growers Association
of North Carolina, and the North Carolina Farm Bureau.
Schmidlen is owner and operator of Willow Bend Farm, located in Elkins,
W. Va., a 200-head cow/calf operation. He also grows corn and hay. Schmidlen
also owns and operates Country Tractor Sales, Inc., a farm machinery dealership
located in Elkins, W. Va. A member of the AgFirst Farm Credit Bank board of
directors since 2001, he also serves on the board of directors of Farm Credit of the
Virginias, headquartered in Staunton, Va.
Schmidlen is also active in several farm organizations, including Randolph-
Tucker Livestock Association and Southern States Cooperative. He is also a member of Randolph
County Farm Bureau and Elkins-Randolph Chamber of Commerce.
Kelly owns and operates Spring Lane Farm, a 390-acre farm located in
Tyrone, Penn., where he raises dairy heifers and grows corn, soybeans and hay.
He also handles land management for Spring Lane Hunt Club located in Sinking
Valley, just outside Tyrone, Penn. Kelly has been a member of the AgFirst Farm
Credit Bank board of directors since 2001.
Kelly is also active in several farm organizations, including Mid-Atlantic
Master Farmer Association, where he is chairman of the scholarship committee.
Kelly is also a delegate to the Penn State Agricultural Council and a member of the Holstein
Other members of the bank board are: Gary L. Alexander, Westminster, S.C.; William C. Bess, Jr.,
Lincolnton, N.C.; Don W. Freeman, Montgomery, Ala.; Dale R. Hershey, Manheim, Penn.; Robert L.
Holden Sr., Whigham, Ga.; Paul M. House, Nokesville, Va.; M. Wayne Lambertson, Pocomoke City,
AGFIRST ANNOUNCES RESULTS OF DIRECTOR ELECTIONS ........................................................3
Md.; James L. May, Waynesburg, Ky.; Eugene W. Merritt Jr. Easley, S.C.; James M. Norsworthy, III,
Jackson, La.; Katherine A. Pace, Orlando, Fla.; J. Dan Raines, Jr., Ashburn, Ga.; Robert G. Sexton, Vero
Beach, Fla.; Kenneth A. Spearman, Winter Haven, Fla.; Robert H. Spiers, Jr., Stony Creek, Va.; and
William H. Voss, McComb, Miss.
About AgFirst Farm Credit Bank (www.agfirst.com): AgFirst Farm Credit Bank provides
funding and financial services to 22 Agricultural Credit Associations (ACAs) in 15 eastern states and
Puerto Rico. These associations, operating as Farm Credit and Ag Credit associations, provide real estate
and production financing to more than 80,000 farmers, agribusinesses, and rural homeowners. AgFirst
reported assets of $29.7 billion as of September 30, 2008.
AgFirst is part of the Farm Credit System, a nationwide network of agricultural and rural lending
institutions cooperatively owned by their borrowers. Farm Credit helps maintain and improve the quality
of life in rural America and on the farm, through its constant commitment to competitive lending, expert
financial services and a feeling of partnership with its customers. The Farm Credit System reported
combined assets of $207.5 billion on September 30, 2008.