To be eligible to serve as a 2024 Nominating Committee member, prospective candidates must meet the following requirements:
- Be a sole or joint owner of Farm Credit Illinois voting stock.
- NOT have been a Director or employee of any Farm Credit System institution since December 10, 2022 (within the previous two years from the 2024 election date) or be a Director candidate during the same election as being a candidate for the Nominating Committee.
- NOT be involved in any official capacity with another financial institution which is authorized to make the same type of loans and services that are available through Farm Credit Illinois.
- NOT have a Farm Credit Illinois loan classified as "Substandard," "Doubtful," or "Loss".
- NOT have served on the Farm Credit Illinois Nominating Committee as either a member or alternate consecutively for the four previous years (2021-2024).