AgStar
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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]
Executives
| 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 |
References
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External links
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- AgStar Fund for Rural America
- Pages with script errors
- Pages using infobox company with a duplicate image
- Financial services companies established in 1916
- Companies based in Minnesota
- Financial services companies of the United States
- Mankato, Minnesota
- Farm Credit System
- Agriculture in Wisconsin
- Agriculture in Minnesota
- Cooperatives based in Minnesota