LEADERSHIP

Governance

Board of Directors. Farm Credit of New Mexico is governed by a 10-member Board of Directors, seven of whom are elected by the stockholders and three directors who are appointed by the elected directors. The Board of Directors Charter, which establishes specific responsibilities and authorities for the Board of Directors, can be accessed by clicking Board of Directors Charter.

Audit Committee

The Audit Committee is composed of three members of the Board of Directors. The Audit Committee Charter, which establishes specific responsibilities and authorities for the Audit Committee, can be accessed by clicking Audit Committee Charter.

Compensation Committee

The Compensation Committee is composed of three members of the Board of Directors. The Compensation Committee Charter, which establishes specific responsibilities and authorities for the Compensation Committee, can be accessed by clicking Compensation Committee Charter.

Codes of Ethics

All directors and employees of FCNM are responsible for maintaining the highest standards in conducting business. In that regard, Codes of Ethics have been established for the Board of Directors and for the Chief Executive Officer, Chief Financial Officer, Chief Credit Officer, and other financial professionals. These Codes of Ethics supplement FCNM’s Standards of Conduct Policies for directors and employees. For more information on the Code of Ethics for the Board of Directors, click Code of Ethics for Board of Directors. For more information on the Code of Ethics for the Chief Executive Officer and financial professionals, click Code of Ethics for Employees.

Whistleblower Program

The Audit Committee of FCNM has established a Whistleblower Program to receive and handle reports related to accounting practices, report accuracy, internal controls, auditing matters, and misconduct or fraud. It provides for the confidential, anonymous reporting of concerns. Reports can be filed online at www.lighthouse-services.com/farmcreditnm or by phone at 833-222-1741.