Chairman of the Board Farm Credit System Insurance Corporation 1501 Farm Credit Drive McLean, Virginia 22102 703-883-4008

Nancy C. Pellett is Chairman of the Board of Directors of the Farm Credit System Insurance Corporation (FCSIC). She also serves as a member of the Board of Directors of the Farm Credit Administration (FCA). Prior to becoming Chairman of FCSIC, Ms. Pellett served as Chairman and CEO of FCA for four years.

Ms. Pellett has extensive experience in production agriculture and agribusiness. In partnership with her husband, she managed Prairie Hills, Ltd., a feedlot, cow-calf, and row-crop operation in Atlantic, Iowa, from 1966 until her appointment to the Board. While she serves her term, her husband, son, and daughter-in-law continue to operate this fifth-generation family farm.

In addition, for more than 20 years, she served as president and treasurer of Fredrechsen Farms, Ltd., a family-owned swine and row-crop operation in Walnut, Iowa.

A long-time beef industry leader, Ms. Pellett has held State and national leadership positions in cattle industry organizations. As a member of the National Cattlemen’s Beef Association, she has served as the chairman of the Check-Off Division, as chairman of the Consumer Marketing Group, and most recently as a member of the Cattlemen’s Beef Board. She has also been president of the Iowa Beef Industry Council.

She is a partner in Premium Quality Foods, Inc., which markets precooked beef entrees. Previously, she served as president and consumer marketing director for the company.

Ms. Pellett served a six-year term as a member of the Board of Regents for the State of Iowa, which oversees the three State universities, as well as the University of Iowa Hospital and its affiliated clinics. She was also selected as a member of the Governor’s Student Aid Commission.

She is on the Iowa State University (ISU) Foundation Board of Governors and has been a member of the advisory committees for the College of Agriculture and the College of Family and Consumer Sciences. She is past president of the ISU Alumni Association and was awarded the Alumni Medal in 1987. The Pellett family was honored as the “Family of the Year” by the university in 1997.

Dedicated to the future of agriculture, Ms. Pellett worked with 4-H at the local and State levels and served on the Iowa 4-H Foundation board. She is a founding member of the 4-H/FFA "Sale of Champions" committee for the Iowa State Fair.

A native of Walnut, Iowa, she holds a B.S. from Iowa State University at Ames. She and her husband have four children. The Pellett family received the “Friends of Youth Award” in 2000 from the Knights of AkSarBen, a foundation that supports education, youth programs, and rural development in Nebraska and western Iowa.

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