About Us
WHO WE ARE
Farm Credit Services of Mandan is a farmer-owned cooperative lender providing credit and financial management services to nearly 4,000 customers. We are part of the national Farm Credit System which has been serving agricultural producers since 1916 to provide a reliable and competitive source of credit through the sale of Farm Credit Bonds on the open money market. The Farm Credit System is federally chartered and regulated by the Farm Credit Administration. Today we are the leading provider of agricultural financing. For more information regarding Farm Credit Services of Mandan, check out our Buiness Profile .
LEADERSHIP
| Directors/CEO | Position | City | Term Ends |
|---|---|---|---|
| Aaron Vetter | CEO | Mandan | |
| James Vander Vorst | Chairman | Hague | 2022 |
| Michael J. Schaaf | Vice Chairman | Glen Ullin | 2020 |
| Becky Hansen | Director | Bowman | 2020 |
| Clair Hauge | Director | Carson | 2019 |
| Carson Kouba | Director | Regent | 2021 |
| Dawn Martin | Director | Beulah | 2021 |
| Cary Moch | Director | Braddock | 2019 |
| Allen Roshau | Director | Dickinson | 2022 |
| Michael Schneider | Appointed Director | Bismarck | 2021 |
| Fred Stern | Appointed Director | Beulah | 2019 |
FINANCIALS
The annual report is available on our website 75 days after the end of the calendar year and members are provided a copy of such report 90 days after the end of the year. Quarterly reports are available on our website 40 days after the end of each calendar quarter.
2018 Financial Reports
2017 Financial Reports
2016 Financial Reports
COOPERATIVE BENEFITS
- Associations are owned by its customers
- Governed by a board of directors
- Our staff and offices are connected to the local communities we serve
- We are committed to agriculture, year-round and long term
- Farm Credit has been a strong and stable provider for over 100 years
We share profits with our borrower-owners through Patronage Dividends:
- 2018 Patronage total was $2.4 Million
- Checks are distributed to about 1,900 loan customers
- 20 year total cash patronage distribution is $31.4 Million
- Sharing in your association’s success is an important benefit of cooperative membership
Latest News
Crop Insurance Seminars
Topics to be Covered: 2019 Actuarial Changes, Farm Bill Update, Production Reporting, Important Reminders. Seminars are open to all producers, please RSVP to local FCS branch.
read moreCollege Scholarships Offered
The independent Farm Credit Services associations in Mandan and Minot, with branch offices in various locations throughout western ND, will award 10 scholarships in the amount of $1,000 each to high school seniors who plan to enroll in college this fall. Four will be...
read moreUpcoming Events
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