Jon Maughan retires as managing director of the Mid Mountain region of Rabo AgriFinance after a 40-year banking career in southern Idaho. Brek Cranney has been named the new managing director. He is a native of Preston. After graduating from Brigham Young University in 1982 with a degree in agricultural economics, he went on to a 40-year career in as an ag lender, including spending the past ten years with Rabo AgriFinance.
As the new managing director of the Mid Mountain region, Cranney will lead the rural lending teams in Idaho, Utah, Nevada and parts of surrounding states. He joined Rabo AgriFinance nine years ago, giving him a combined lending career of almost 30 years. He received his bachelor’s degree in finance from Idaho State University. He grew up on a small farm and ranch where the family grew potatoes, hay and grains and had a cow-calf operation.