Ag Banking News

ST. PAUL, Minn., March 7, 2024—AgriBank announced the results of its board of directors' elections and the selection of its chair and vice chair at the 2024 Annual Meeting. Directors serve four-year terms, with board officers elected annually.

Newly Elected Chair and Vice Chair

STAN CLAUSSEN (CHAIR)

Stan Claussen, from Montevideo, Minn., cultivates corn, sugar beets, soybeans, and alfalfa. Claussen has served on the AgriBank board since 2016, served as vice chair from 2019-2020 and 2021-2023, and has served as chair since 2023. Claussen previously served on the board of United FCS.

CHRIS ROBERTS (VICE CHAIR)

Chris Roberts, based in Olive Branch, Miss., farms rice, corn, and soybeans. A board member since 2022, Roberts became vice chair in 2023. His previous board experience includes service with Farm Credit Midsouth.

Newly Elected Directors

DONALD BLANKENSHIP

Donald Blankenship, of Murfreesboro, Tenn., grows corn, wheat, soybeans, hay, and straw, and raises beef cows. He has been on the AgriBank board since 2020 and previously served on the Farm Credit Mid-America board.

RANDY PETERS

Randy Peters of McCook, Neb., operates a seed cleaning facility and raises wheat and pea seeds, alongside growing corn, soybeans, sunflowers, and alfalfa, and managing a cow/calf operation. He has been on the board since 2020, with prior service on the Farm Credit Services of America board.

JENNIFER ZESSIN

Jennifer Zessin, of Madison, Neb., raises corn, soybeans, wheat and alfalfa. The operation includes equipment and trucking entities. Zessin previously served on the board of Farm Credit Services of America.

About AgriBank

AgriBank is part of the customer-owned, nationwide Farm Credit System. Under Farm Credit’s cooperative structure, AgriBank is primarily owned by local Farm Credit Associations, which provide financial products and services to rural communities and agriculture. AgriBank obtains funds and provides funding and financial solutions to those Associations. AgriBank and those Associations compose the AgriBank District. The District covers a 15-state area stretching from Wyoming to Ohio and Minnesota to Arkansas.

Source: https://www.agribank.com/