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Home > All About the MDA > Divisions Directory > Finance & Budget Division > Ag Finance Section > RFA Board

Rural Finance Authority Board


There are six public members appointed by the Governor. No public member may reside in the metropolitan area.

The Rural Finance Authority board consists of representatives from five state agencies:

  • Department of Agriculture (Chair)
  • Minnesota Management and Budget (Vice-chair)
  • State Auditor
  • Department of Commerce
  • Department of Employee and Economic Development (DEED)

Powers and Duties include: The authority’s purpose is to develop the state’s agricultural resources by extending credit on farm real estate security and depreciable agricultural property (improvements, machinery, animals). The authority carries out this purpose by purchasing participation interests in loans or selling Agricultural Development Revenue Bonds to agricultural lenders or individuals for the purchase of agricultural items. Another loan participation program provides for restructuring farmer agricultural debt. An additional program was added in 1994 providing assistance to lower equity farmers to purchase stock in a value-added processing cooperative.

Rural Finance Authority Board Members

Dave Frederickson, Commissioner
Department of Agriculture, 625 Robert Street North, St. Paul, MN 55155-2538 ~ 651-201-6219
Alternate – Matthew Wohlman, Assistant Commissioner ~ 651-201-6551 ~ matthew.wohlman@state.mn.us

Jim Schowalter, Commissioner
Minnesota Management and Budget, 400 Centennial Building, St. Paul, MN 55155 ~ 651-296-2438
Alternate – Kristin Hanson, Assistant Commissioner ~ kristin.hanson@state.mn.us

Rebecca Otto, State Auditor
525 Park Street, Suite 400, St. Paul, MN 55103 ~ 651-296-2524 ~ rebecca.otto@state.mn.us
Alternate – Greg Hierlinger, Deputy State Auditor ~ 651-296-7003 ~ greg.hierlinger@state.mn.us

Katie Clark, Acting Commissioner
DEED, Business & Com. Dev. Division, 1st National Bank Building, 332 Minnesota Street, Suite E200, St. Paul, MN 55101-1351 ~ 651-259-7112 ~ katie.clarke@state.mn.us 
Alternate – Robin Sternberg, Deputy Commissioner ~ 651-259-7111 ~ Robin.sternberg@state.mn.us

Mike Rothman, Commissioner
Department of Commerce, 85 7th Place East, Suite 500, St. Paul, MN 55101 ~ 651-296-6694
Alternate – M. Shane Deal, Deputy Commissioner of Financial Institutions ~ Shane.deal@state.mn.us

Mr. Sander Ludeman
1616 310th Avenue, Tracy, MN 56175 ~ 507-629-3793 ~ splude@llwb.coop

Mr. Marc Knisely
United FCS, 3881 Abbott Drive, Willmar, MN 56201 ~ 320-235-1771 ~ marc.knisely@unitedfcs.com

Ms. Sarah Kern
335 Cossairt Avenue, Eden Valley, MN 55329 ~ 320-842-7201, ext. 111 ~ jeffandsarah@meltel.net

Mr. Theodore Brenny
47211 County 11 Boulevard, Mazeppa, MN 55956 ~ 507-824-2265 ~ ted.brenny@agri-access.com

Ms. Carol Anderson
14235 115th Ave NE, Foley, MN 56329 ~ 320-492-1663 ~ ander@fallsnet.com

Mr. Darryl Henchen, RFA Legal Counsel 
Public Finance/Opinions Division, 400 Sibley Street, Suite 300, St. Paul, MN 55101 ~ 651-296-3967 ~ darryl.henchen@state.mn.us

Mr. Gary Wertish 
26416 County Rd 17, Renville, MN 56284 ~ 651-262-7128 ~ gary@mfu.org