Governance

As a customer-owned financial cooperative, CoBank is governed by a board of directors drawn from the rural industries we serve. Our board consists of 14 elected directors from six voting regions around the country as well as two appointed directors and two outside, independent directors with no customer or Farm Credit affiliations.

Board of Directors

In the News

Board Structure

CoBank’s board uses a committee system to assist in fulfilling its oversight responsibilities. The board has established five standing committees: Executive, Compensation and Human Resources, Audit, Risk and Governance. The board reviews each committee charter annually.

To help ensure that the bank continues to attract a highly qualified and diverse board, CoBank’s board also has independent nominating committee charged with identifying qualified candidates for board membership and reviewing director nominations. No current board member may serve as a member on the nominating committee.

2023 Board Elections

2024-2025 Nominating Committee

CoBank’s independent nominating committee is seeking expressions of interest from customer representatives who wish to be considered for a two-year term on the 2024-2025 nominating committee. The deadline for submission of an expression of interest is Monday, May 15, 2023.

Board Contacts

M. Mashenka Lundberg
Election Officer
303-793-2228
mlundberg@cobank.com

Bradley J. Maddock
Corporate Secretary
303-793-2241
bmaddock@cobank.com