CoBank Announces Director Resignation

DENVER (June 14, 2022) — CoBank, a cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit associations throughout the United States, today announced the resignation of Julie Shiflett from the bank’s board of directors.

Shiflett, who stepped down for personal reasons, joined the board in January 2022 and held a modified equity seat in the Northwest voting region. She is the founding partner and co-owner of Northwest CFO, a company located in Spokane, Washington, and formerly served as a director for Northwest Farm Credit Services, one of CoBank’s affiliated associations. She was a member of the CoBank board’s Audit Committee.

The CoBank board will determine the most appropriate process to fill the vacant seat in accordance with the bank’s governance bylaws and will announce its decision at a future date.

About CoBank

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.