Careers at Legacy Ag Credit

Company Profile: Legacy Ag Credit, ACA is a full-service, locally owned cooperative lender specializing in financing rural land and agricultural operations in Northeast Texas.  We are headquartered in Sulphur Springs and have six (6) offices conveniently located across the northeastern region of Texas in Sulphur Springs, Canton, Gilmer, Terrell, Longview, and Marshall. Part of the Farm Credit System, we provide financing for farms, timberland, recreational property, agribusinesses, and rural homes.

Education and Experience Requirements:  Bachelor’s degree in Business Administration, Finance, Agricultural Economics, or a related field, or equivalent experience and three (3) to five (5) years or more of progressively responsible banking or related agricultural lending experience. Experience should include a broad understanding of lending regulations, credit operations, and credit practices.

Job Purpose and Scope:  Responsible for initial relationship and follow-up with mid-size prospects. Develops and implements select customer referral strategies in order to increase client satisfaction and loan portfolio growth for the Association. Has direct responsibility in the development of the association’s market share. Manages and maintains current business relationships and seeks new accounts.

Essential Functions

• Concentrates primarily on generating new business and developing a loan portfolio through direct solicitation origination of eligible loans.
• Monitors business relationships and credit compliance of originated loans.
• Evaluates needs of potential clients and provides appropriate financial solutions.
• Ensures proper loan underwriting and structuring is achieved through enforcement of loan policies and that they are properly approved in accordance with loan authorities and in conjunction with the centralized underwriting units.
• Makes calls on borrowers, potential borrowers and other contacts to generate new business.
• Manages and monitors respective loan portfolio and status of all exceptions and past dues on business and consumer loans in accordance with loan policy working in conjunction with reports from the centralized underwriting units.
• Provides ongoing relationship servicing, including the resolution of service issues of clients.

Skill Requirements:  Excellent interpersonal relations, public speaking, administrative and communication skills are required. Strong analytical skills, the ability to evaluate financial statements as well as identify and implement corrective actions when needed. Knowledge of business practices in mortgage and commercial lending, including credit standards, real estate appraisal, internal controls, financial management, public and member relations, and marketing techniques.

Benefits:  Our comprehensive benefit program includes, but is not limited to:

• An outstanding company-wide incentive program
• Accommodating and flexible vacation and sick leave
• 10-12 paid holidays
• 401(k) plan with up to a 9% employer contribution/match
• Affordable health, dental, and vision plans
• Employer paid life insurance and disability
• Tuition reimbursement             

To Apply:  If you’re interested in joining the Legacy Ag Credit team and meet the minimum requirements for this position, please send your resume to:

Legacy Ag Credit, ACA
ATTN: Sherry Sturgis, Senior Vice President/Chief Administrative Officer
303 Connally
Sulphur Springs, TX 75482
Sherry.Sturgis@legacyaca.com

AA/EOE/M/F/D/V

Manages the overall functions of a medium to large-sized branch office including

credit quality, loan servicing, business development, and personnel administration. Has a high level of delegated

authority and some supervisory responsibility, but a majority of duties are related to loan making. Has considerable

latitude for decision making in the implementation of association goals.

EDUCATION AND EXPERIENCE REQUIREMENTS:

Bachelor’s degree in Business Administration,

Finance, Agricultural, Economics, or a related field, or equivalent experience and five (5) to seven (7) years or

progressively responsible banking or related agricultural lending experience, including at least one (1) year in a

supervisory and/or Management position.

ESSENTIAL FUNCTIONS:

1. Responsible for goals and objectives for the assigned branch office and its employees and delegates authority

as appropriate to carry out the goals and objectives. Motivates, evaluates, and provides training for branch

office employees. Consults with upper management concerning staffing needs.

2. Promotes the association by maintaining good public and member relations.

3. Generates new loan business, services existing loans, and manages the loan portfolio of assigned office.

Completes loan analyses within the guidelines and policies of the association. Processes and approves loan

requests within the limits of delegated authority and in accordance with association guidelines. Prepares and

submits loan requests that exceed delegated lending authority to the appropriate management level along with

recommendation for approval or rejection.

4. Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct and performance

status assignments are proper.

5. Complies with proper credit administration practices as outlined in the association’s policies and procedures.

6. Determines the eligibility and scope of financing for all new loans and ensures verification of assets and

liabilities. Secures background and credit history on new loans, repeat loans and renewals. Provides for

evaluation of loan collateral in accordance with association policies and procedures. Ensures proper lien

perfection on all collateral.

7. Maintains awareness of agricultural trends and business activity, FCA regulations, and legal obligations.

Ensures branch office operations comply with applicable policies, regulations, and laws. Prepares reports as

required by association management, the Board of Directors, and regulatory bodies.

8. Coordinates the implementation of advertising and marketing programs.

9. Performs collections and management of branch offices, adverse assets including acquired property as required

to minimize potential loss to the association’s acquired property as required.

10. Responsible for day-to-day operations of the branch.

SKILL REQUIREMENTS:

Specialized knowledge of banking administration and accounting policies,

procedures, reports, guidelines, and banking regulations. Specialized knowledge of financial analysis and

asset/liability management. General knowledge of accounting/financial systems. Specialized knowledge of

accounting/finance principles. Skill in oral and written communication. Intermediate skill level in Microsoft Office

applications. Ability to perform intermediate-level accounting/financial analyses.

COMPANY PROFILE:

Legacy Ag Credit, ACA is a full-service, locally owned cooperative lender specializing

in financing rural land and agricultural operations in Northeast Texas. We are headquartered in Sulphur Springs

and have five offices conveniently located across the northeastern region of Texas in Sulphur Springs, Canton,

Gilmer, Terrell, and Longview. Part of the Farm Credit System, we provide financing for farms, timberland,

recreational property, agribusinesses, and rural homes.

BENEFITS:

Our comprehensive benefit program includes, but is not limited to:

• An outstanding company-wide incentive program
• Accommodating and flexible vacation and sick leave
• 10-12 paid holidays per year
• 401(k) plan with up to a 9% employer contribution/match
• Affordable health, dental, and vision plans
• Employer paid life insurance and disability
• Tuition reimbursement

TO APPLY:

If you’re interested in joining the Legacy Ag Credit team and meet the minimum requirements for this position,

please send your resume to:

Legacy Ag Credit, ACA

ATTN: Sherry Sturgis, Senior Vice President/Chief Administrative Officer

303 Connally

Sulphur Springs, TX 75482

Sherry.Sturgis@legacyaca.com

AA/EOE/M/F/D/V