CULLMAN, Ala. — Alabama Farm Credit has named Kedric Karkosh CFO of the $1.1 billion rural lending cooperative. In this role, he manages the accounting, financial reporting, treasury, cash management and loan operations teams.
Karkosh earned a master’s degree in agricultural economics from Texas A&M University and a bachelor’s in agricultural business from Iowa State University. He also attended the Graduate School of Banking at Louisiana State University.
Karkosh has over 30 years of experience in agricultural and commercial banking. He has worked in the Farm Credit System since 2000, most recently as vice president and assistant treasurer at Farm Credit Bank of Texas in Austin. He oversaw the bank’s funding, loan pricing, interest rate risk management and investment teams.
He also has experience at a commercial bank and a software development and consulting firm that specialized in risk management and policy analysis for agriculture. He started his career as an analyst for the Federal Agricultural Mortgage Corp. (Farmer Mac).
“Kedric is one of the best finance minds in all of the Farm Credit System,” said Mel Koller, Alabama Farm Credit chief executive officer. “His expertise and poise make him the ideal person to cultivate the next generation of leadership in our finance and accounting division. He has already settled in as a natural leader and gifted technician, whether dealing with financial matters or people. Coming from a farming family means he understands what our clients face every day.”
Karkosh has deep roots in agriculture, and still has a connection to the northeast Iowa family farm where he grew up. He and his wife Robin have known each other since elementary school and have two grown sons, Kolin and Alex.
“Alabama Farm Credit has a very good team, and I’m excited to be a part of it,” Karkosh said. “After many years on the funding side, I’ve been looking forward to work that brings me closer to agriculture and Farm Credit’s customers.”
Alabama Farm Credit is part of the Farm Credit System, a nationwide network of customer-owned lending cooperatives. It finances farms, forestry operations, agribusinesses, country homes, recreational land and other rural property in 27 North Alabama counties. It is headquartered in Cullman and has branch offices in Albertville, Athens, Cullman, Talladega and Tuscumbia.
