CHS President & CEO Named to Federal Reserve Bank of Minneapolis Board

(Jan. 9, 2024) — CHS President and CEO Jay Debertin has been appointed to the Federal Reserve Bank of Minneapolis board of directors. His three-year term began Jan. 1, 2024.

The Federal Reserve Bank of Minneapolis is one of 12 federal banks in the U.S. It helps determine U.S. monetary policy by monitoring the economy in the Ninth District, which includes Minnesota, Montana, North Dakota, South Dakota, 26 counties in northwestern Wisconsin and the Upper Peninsula of Michigan. The branch is headquartered in Minneapolis, Minnesota.

Debertin is one of nine directors who represent a variety of business sectors. As a Class C director on the board, he was appointed to represent the interests of stakeholders in the Ninth District. “Given the strong agricultural presence in the region, I am honored to represent the interests of farmers, ranchers and cooperatives in the area,” says Debertin. “Rural America needs to have a voice in economic policy.”

Debertin also is board chair for Ventura Foods LLC, a CHS joint venture, and the National Council of Farmer Cooperatives. He serves on the board of Securian Financial and has previously served on the Minnesota Opera and Visitation High School boards.