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Stockholders Re-Elect Three Directors

Stockholders at the June 2020 Annual Meeting of the American Federal Corporation re-elected three Directors to the bank’s eight-member Board.

Directors Dean McCleary, Ross Olson and Patrick Carey will serve three-year terms.

McCleary, American Federal Bank Chief Financial Officer and Board Treasurer, joined American Federal in 2002 and was elected to the Board of Directors in 2014. He is a Senior Vice President and Director of the Home Office Finance and Accounting Department in Fargo.

Olson joined American Federal as the Chief Operating Officer in 1991, was named Executive Vice President in 2003 and retired in 2019.  He was elected to the Board in 1998.

Carey joined the Board in 1995.  He is the Senior Vice President of Sales for Stratasys, a global leader in 3D printing and additive manufacturing.

Other currently serving Directors are American Federal Bank Chief Executive Officer Steve Worwa, retired American Federal Bank Crookston Market President Percy Blake, Chancellor Emeritus of the University of Minnesota Crookston Dr. Don Sargeant, farmer and business owner Jeff Topp, and American Federal Bank Hallock Market President Paul Craigmile.

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