Alan Wattles, Monroe County Electric Cooperative, Inc. (MCEC) president/CEO, was recently re-elected National Rural Utilities Cooperative Finance Corporation (CFC) board president at the organization’s 40th annual meeting. Wattles represents District 5 and has served as president/CEO of MCEC, Waterloo, since 2002. He serves on several cooperative boards including Southern Illinois Power Cooperative (G&T), ACES and United Utility Supply, where he is vice chair.
CFC was created and is owned by America’s electric cooperative network. CFC, a nonprofit finance cooperative with more than $28 billion in assets, provides industry expertise, flexibility and responsiveness to serve the needs of almost 1,000 member-owners across 49 states. It is guided by a 23-member board of directors that represents 10 geographically defined districts.