News

The Board of Directors recently appointed Steve Davenport to serve as Acting CEO following Patrick Zeka’s resignation as CEO.

Patrick Zeka served as Oklahoma AgCredit CEO since 2019.  During that time, the Association performed exceptionally well and served its mission of being a reliable, consistent source of agricultural lending.  After 30 years of service in the Farm Credit System and approximately 15 years with the Association, Patrick recently resigned from his position.  The Board of Directors understands it was a decision he had been considering for some time and he wishes the Association great success for the future. The Board appreciates Patrick’s years of service and friendship and wishes him well.

The considerable success the Association has enjoyed the past four years is attributable to Patrick, the Executive Team, employees, and the Board. Their success is evidenced in the record $14 million patronage distribution being returned to members in April 2023.

Steve Davenport, Chief Credit Officer, has been appointed by the Board to serve as Acting CEO while the Board completes the process of identifying and vetting the next CEO.  Davenport has served as Executive Vice President and Chief Credit Officer since 2016. He previously served in the same capacity for legacy association Chisholm Trail Farm Credit for 12 years. Davenport’s total Farm Credit System experience exceeds 30 years.

“We will continue our forward momentum,” Davenport said. “While we will miss Patrick’s leadership, our operations will persist without interruption to borrowers. Association financial performance is strong. Oklahoma AgCredit has an outstanding team of employees who understand agriculture and provide unmatched customer service.”