Governor Tom Vilsack today announced the president of the Iowa Farm Bureau and three bankers will be among the 11 board members who’ll dole out the new pile of state economic development grants and loans. Iowa Farm Bureau president Craig Lang will serve on the “Iowa Values” board as will Holmes Foster, a retired banker who once served as the state superintendent of banking. Foster presently serves on the three-member state commission which estimates state tax revenues. Henry Royer, a retired banker from Cedar Rapids, and Nancy Dunkel, a banker from Dyersville, will also serve. Vilsack says the board members are a “rich mix” of people from various segments of Iowa’s economy, and they could be ready to review their first loan application in mid-August. Other board members are Gerald Kirke, an insurance executive from West Des Moines; Mary Chapman, a v-p at Des Moines Area Community College; Kathy Alden, C-E-O of a software company in Dougherty; Bonnie Barney, the principal of a company in Tiffin that makes synthetic D-N-A; Marcia Nichols, a union rep; and Toby Shine of Shine Brothers Steel in Milford. Vilsack hopes to fill the 11th spot on the board with someone who leads an advanced manufacturing company in southwest Iowa. The board will have about 65 million dollars to hand out in each of the next two years. It’s part of the new, half-a-billion dollar state economic development plan legislators approved in special session earlier this month