ALBUQUERQUE, N.M. — Carolyn Owen, retired Farm Credit Bank of Texas (FCBT) general counsel, recently presented $10,000 in scholarship funds to University of New Mexico students.
Owen was inducted into the FCBT Academy of Honor in April 2019. The recognition included the FCBT Academy of Honor Scholarship, to be awarded to a college of her choice. She chose her alma mater, the University of New Mexico in Albuquerque. The university, in turn, selected 10 students in the Anderson School of Management to share the scholarship.
A native of New Mexico, Owen retired in 2018 as FCBT senior vice president of corporate affairs, general counsel and corporate secretary. During 35 years with the bank, she guided the mergers of numerous Farm Credit cooperatives. She also represented the bank and the Farm Credit System on key policy and legal matters. These included new capital adequacy regulations and borrower rights legislation.
The FCBT Academy of Honor was started in 1968. It has recognized 61 outstanding individuals for their service and contributions to agriculture and Farm Credit.
Farm Credit Bank of Texas is a cooperatively owned wholesale bank. It provides funding and services to 14 rural lending co-ops in Alabama, Louisiana, Mississippi, New Mexico and Texas.
The Austin-based bank and its affiliated lenders are part of the Farm Credit System. The System is a nationwide network of rural financing cooperatives established in 1916.