Compeer Financial Announces Reelection of Board Members

For Immediate Release

Contact:

Nora Nolden, Sr. Communications Consultant

[email protected] or (651) 245-6804

Compeer Financial Announces Reelection of Board Members
 Cade, Holmgren and Peters each reelected to four-year terms

Sun Prairie, Wis., (October 1, 2024) – Compeer Financial, a member-owned Farm Credit cooperative serving Illinois, Minnesota and Wisconsin, is pleased to announce the reelection of three board members: Mark Cade of Westby, Wis.; Dale Holmgren of North Mankato, Minn.; and David Peters of Manteno, Ill.

	MARK CADE, a self-employed soybean, alfalfa and beef farmer, has been reelected to a four-year term. Cade, who has served on the Board since 2006, is an active member of Compeer Financial’s Compensation & Governance and Corporate Giving committees. He also serves on the AgriBank District Farm Credit Council.
	DALE HOLMGREN, a swine, corn and soybean farmer, has also been reelected for a four-year term. Holmgren has served on the Board since 2001 and is involved with Compeer’s Enterprise Risk and Legislative Affairs committees. He is also engaged in the Minnesota Pork Producers Association and the Minnesota Corn Growers Association.
	DAVID PETERS, a corn, wheat and soybean farmer, has been reelected to another four-year term. Peters, first elected in 2009, serves on Compeer Financial’s Enterprise Risk and Corporate Giving committees and is a member of the Illinois Farm Credit Legislative Committee. He is actively involved in his community, serving as a leader in multiple community and agricultural organizations.

Compeer Financial’s Board of Directors sets business direction, monitors and evaluates operations, all while taking into consideration client needs, the changing marketplace and Compeer’s commitment to serving agriculture and rural America.

Elections took place via mailed ballots in August. Directors are elected across Compeer’s three regions, which follow state boundaries for the 144 counties the organization serves in Illinois, Minnesota and Wisconsin. In total, there are 15 members of the Board; 12 of whom are elected by member-owners, and three of whom are appointed by the Board to offer additional expertise and insights.

Additionally, 24 candidates were elected to a one-year term on the nominating committee, which is responsible for identifying, evaluating and nominating suitable candidates for director positions and future nominating committee positions.

Learn more about the newly elected directors and find a list of the nominating committee on the Compeer Financial election information page at compeer.com/elections.

About Compeer Financial

Compeer Financial is a member-owned Farm Credit cooperative serving and supporting agriculture and rural communities. The $33 billion organization provides loans, leases, risk management and other financial services throughout 144 counties in Illinois, Minnesota and Wisconsin. Based in the Upper Midwest, Compeer Financial exists to champion the hopes and dreams of rural America, while providing personalized service and expertise to clients and the agriculture industry.

Compeer Financial is the third largest cooperative of the Farm Credit System, a nationwide network of lending institutions supporting agriculture and rural communities with reliable, consistent credit and financial services. Learn more about Compeer Financial.