Company type | |
---|---|
Industry | Agribusiness |
Founded | 1916 |
Headquarters | |
Area served | United States |
Key people | Rod Hebrink, CEO |
$123.9 million (2015) | |
Total assets | $8.36 billion (2015) |
Total equity | $1.2 billion (2015) |
Number of employees | 550 + |
Website |
www |
AgStar Financial Services is a US Farm Credit System Agricultural Credit Association (ACA) that delivers a wide range of farm and rural credit programs and services in 67 counties located in Minnesota and northwest Wisconsin. [1] [2] AgStar provides financial products including agricultural loans, leases, crop insurance, life insurance, and home mortgages. [3] [4] [5] [6] The financial services offered include appraisals, money market accounts, online banking, and other consulting services. [7] [8]
As an ACA cooperative it is owned by 15,200 client- shareholders to whom it provides returns through patronage refunds. [2] [9] It has its headquarters in Mankato, MN [1] and is one of the larger Farm Credit associations in the nation. It is located within AgriBank Farm Credit Bank's district, who acts as a wholesale lender for AgStar. [1] For 2015 it reported $123.9 million in net profit and $8.36 billion in assets, up from the 2014 reported values of $117.4 million in net profit and $7.67 billion in assets. [9] [10]
On July 1, 2017, AgStar Financial Services, Farm Credit Services and Badgerland Financial joined together to form Compeer Financial. The merger was approved from the Farm Credit Association. [11]
Position [12] | Name |
---|---|
President & Chief Executive Officer | Rod Hebrink |
Executive Vice President and Chief Credit Officer | Joe Deufel |
Sr Vice President, Relationship Management | Mark Greenwood |
Sr Vice President, Operational Excellence and Quality | Jodie Hermer |
Sr Vice President, Brand and Talent Strategies | John Hemstock |
Sr Vice President & General Counsel | Paul Kohls |
Executive Vice President & Chief Relationship Management Officer | Wick Manley |
Sr Vice President & Chief Risk Officer | Tim Tracy |
Sr Vice President Investments in Rural America | John Monson |
This article incorporates public domain material from Jim Monke. Farm Credit System (PDF). Congressional Research Service.
Company type | |
---|---|
Industry | Agribusiness |
Founded | 1916 |
Headquarters | |
Area served | United States |
Key people | Rod Hebrink, CEO |
$123.9 million (2015) | |
Total assets | $8.36 billion (2015) |
Total equity | $1.2 billion (2015) |
Number of employees | 550 + |
Website |
www |
AgStar Financial Services is a US Farm Credit System Agricultural Credit Association (ACA) that delivers a wide range of farm and rural credit programs and services in 67 counties located in Minnesota and northwest Wisconsin. [1] [2] AgStar provides financial products including agricultural loans, leases, crop insurance, life insurance, and home mortgages. [3] [4] [5] [6] The financial services offered include appraisals, money market accounts, online banking, and other consulting services. [7] [8]
As an ACA cooperative it is owned by 15,200 client- shareholders to whom it provides returns through patronage refunds. [2] [9] It has its headquarters in Mankato, MN [1] and is one of the larger Farm Credit associations in the nation. It is located within AgriBank Farm Credit Bank's district, who acts as a wholesale lender for AgStar. [1] For 2015 it reported $123.9 million in net profit and $8.36 billion in assets, up from the 2014 reported values of $117.4 million in net profit and $7.67 billion in assets. [9] [10]
On July 1, 2017, AgStar Financial Services, Farm Credit Services and Badgerland Financial joined together to form Compeer Financial. The merger was approved from the Farm Credit Association. [11]
Position [12] | Name |
---|---|
President & Chief Executive Officer | Rod Hebrink |
Executive Vice President and Chief Credit Officer | Joe Deufel |
Sr Vice President, Relationship Management | Mark Greenwood |
Sr Vice President, Operational Excellence and Quality | Jodie Hermer |
Sr Vice President, Brand and Talent Strategies | John Hemstock |
Sr Vice President & General Counsel | Paul Kohls |
Executive Vice President & Chief Relationship Management Officer | Wick Manley |
Sr Vice President & Chief Risk Officer | Tim Tracy |
Sr Vice President Investments in Rural America | John Monson |
This article incorporates public domain material from Jim Monke. Farm Credit System (PDF). Congressional Research Service.