Tennessee Farmers Cooperative

[1] At the conclusion of World War II, Tennesseans began to show an intense interest in forming their own farm supply business.

Through the combined efforts of the 33 county associations already established and the Tennessee Farm Bureau Federation, TFC received its charter of incorporation from the state on Sept. 27, 1945.

The farmer members, each of whom owns one share of voting stock, are responsible for electing a local board of directors, which establishes that particular co-op's policies and employs the general manager.

The daily operation of the business is under the direction and supervision of the general manager, who answers to the board of directors.

Another feature of the federated cooperative is that any savings above the cost of doing business are returned to the member patron on a patronage basis.