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2020 Board Election Results

Home > Newsroom > 2020 Board Election Results
The results of the Compeer Financial Board of Directors and Nominating Committee election were tallied by an independent third party on October 2, 2020. Three candidates were elected to the Board of Directors, and 24 candidates were elected to a one-year term on the Nominating Committee.

Dale Holmgren
North Mankato, Min.
Region 1- 4-Year-Term

Dale Holmgren is a swine, corn and soybean farmer, working with his brother on their fifth-generation farm near Mankato, Minn. He serves on Compeer Financial’s Enterprise Risk Committee and Legislative Affairs Committee. He graduated from the University of Minnesota with a bachelor’s degree in agricultural business administration.

Dale is involved in many organizations, including the Minnesota Pork Producers Association and Minnesota Corn Growers Association. His hobbies include reading, golf, deer hunting and snowmobiling. Dale was first elected to the board in 2001 and and his current term expires in 2024.

Cade,-Mark-357-x-359-50-(5).jpg Mark Cade
Westby, WI
Region 2- 4-Year-Term

Mark Cade is a self-employed soybean, alfalfa and beef farmer in Westby, Wisconsin. He serves on Compeer Financial’s Audit and Finance Committee and Young, Beginning, Small Farmer Committee. Mark graduated from Western Technical College with degrees in farm business management and finance.

Mark is an active member with local FFA alumni and enjoys spending time with his family and farming. He and his wife Cheryl have one daughter and two sons who are involved on their family farm. Mark was first elected in 2006, and his current term expires in 2024.


David Peters
Manteno, Ill.
Region 3- 4-Year-Term

Dave Peters runs his family’s corn, wheat and soybean farm in Manteno, Illinois. Dave serves on Compeer Financial’s the Enterprise Risk Committee and Legislative Affairs Committee. He also serves on the AgriBank District Farm Credit Council and is a member of the Illinois Farm Credit Legislative Committee. He attended Kankakee Community College.

Dave is treasurer of the Kankakee County Soil and Water Conservation District, director on the Manteno Farmers Elevator Board and trustee of the Manteno Township Fire Protection District. He also is a member of the Illinois Farm Bureau, Kankakee County Corn Growers Association, Knights of Columbus and Manteno Sportsmen’s Club. Dave and his wife Janis have two daughters and one son.

Dave was first elected in 2009, and his current term expires in 2024.


Nominating Committee
Any Compeer Financial voting stockholder with an outstanding loan balance who is not a team member or agent of the association may be eligible to stand for election to the board.

Learn more at