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Farm Credit Welcomes Cypret to Strategic Team

Farm Credit of the Virginias (FCV) recently announced that Pete Cypret will join the FCV strategic team as Chief Risk Officer out of the Staunton office. Cypret joins the organization with a wealth of experience in risk management for financial institutions.

Cypret grew up in Alton, Missouri on a fourth generation beef cattle operation that his father still runs today. In high school, he served as the president of his local FFA chapter, and was an avid competitor in the parliamentary procedure and soil judging contests.

Cypret received his Master’s degree in Risk Management from the New York University Stern School of Business. Additionally, Cypret secured his certification in Risk Management from the Global Association of Risk Professionals and the Professional Risk Manager’s International Association.

Cypret has spent more than 20 years working in risk management for financial institutions. Most recently, he served as an Executive Risk Manager for Australia’s largest bank, the Commonwealth Bank of Australia.

Cypret and his wife, Mina, are excited to call a new community home and raise their 11-month-old son, Pierce.

In response to what he looks forward to bringing to the FCV team, Cypret said, “I am excited to join the wonderful staff at Farm Credit in building our risk management so that we can continue to execute our important mission of providing reliable, consistent credit and financial services to our customer-owners.”

“Farm Credit of the Virginias is pleased to welcome Pete to our strategic team,” said Peery Heldreth, Chief Executive Officer. “He will lead our enterprise risk management program which will ensure our safety and soundness by identifying, assessing, and preparing for current and future risk.  Pete will utilize the same tools by allowing us to increase our growth and product offerings while providing a better customer experience.”

About Farm Credit of the Virginias

Farm Credit of the Virginias provides over $1.8 billion dollars in financing to more than 11,000 farmers, agribusinesses and rural homeowners throughout Virginia, West Virginia and western Maryland. Farm Credit is a cooperative capitalized largely through investments made by farmers, ranchers and the rural homeowners and businesses that borrow from them. In fact, as part of a nationwide network they are the largest single provider of agricultural credit in the United States and have been for over 100 years. Farm Credit helps maintain and improve the quality of life in rural America and on the farm through its constant commitment to competitive lending,  expert financial services and for facilitating and sharing knowledge and resources through the Farm Credit Knowledge Center. For more information, visit or

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