GreenStone is pleased to announce two new members to its capital markets team, Chris Allsteadt and Mike Frodermann!
Chris (pictured above left) brings a wealth of knowledge with him to GreenStone, with over 20 years of experience exclusively devoted to the growth of agribusinesses. Before joining GreenStone, he most recently worked as the Director of Credit at CoBank for nearly 15 years covering the Corporate Agribusiness Division.
Chris is eager to continue to grow and diversify GreenStone’s portfolio and create an even more sustainable business for the benefit of our stakeholders and shareholders. As a member-owned cooperative, the success of our member-owners is our success!
For Chris, bringing out the best in his team is the key to success. “What I enjoy most about my role is supporting our team and bringing out all of their unique skillsets and personalities in a way that contributes towards our overall growth,” says Chris. “I enjoy watching our team grow personally and professionally. To me, it’s the little things that are important. I love what I do and enjoy supporting the mission of Farm Credit and advocating for our associations, industries, and banking partners.”
In what free time he has, Chris stays active and enjoys a variety of hobbies including fitness, golf, snowboarding, playing chess, and even learning to speak Spanish!
Mike (pictured above right) joined the GreenStone team in December 2024 in the role of Senior Vice President – Portfolio Risk Management. He comes to GreenStone with over 27 years of progressive experience in the financial sector, most recently serving as the Senior Vice President – Credit & Operations on the capital markets team at AgCountry CFG. Mike attended the University of Minnesota – Morris where he earned his BA in Economics and Management, then advanced his professional career by having various positions in the leasing, commercial equipment finance, corporate lending, and ABL sectors.
In his new role as SVP – Portfolio Risk Management Mike is looking forward to continuing to identify emerging eligible market opportunities with a focus on providing sound, constructive, and reliable credit to all eligible customer–owners of our lending cooperative. Mike will be actively involved in the development of strategic direction and the coordination of operational management of association portfolio risk management for all market segments, directing Agribusiness Lending credit activities, and chairing the Executive, Capital Markets, and Agribusiness Lending Credit Committees.
Mike is a Minnesota native and currently lives in suburban Minneapolis with his wife Katie and their three children. When not working or at a sporting event, Mike enjoys travel, fishing, and occasionally going to his parents’ farm to get his hands dirty.
