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 Business Profile.
LEADERSHIP
| Directors/CEO | Position | City | Term Ends |
|---|---|---|---|
| Aaron Vetter | CEO | Mandan | |
| Michael J. Schaaf | Chairman | Glen Ullin | 2024 |
| Clair Hauge | Vice Chairman | Carson | 2023 |
| Gary Friedt | Director | Mott | 2024 |
| James Vander Vorst | Director | Hague | 2022 |
| Carson Kouba | Director | Regent | 2021 |
| Dawn Martin | Director | Beulah | 2021 |
| Cary Moch | Director | Braddock | 2023 |
| Allen Roshau | Director | Dickinson | 2022 |
| Michael Schneider | Appointed Director | Bismarck | 2021 |
| Sheldon Wolf | Appointed Director | Mandan | 2023 |
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.
2020 Financial Reports
2019 Financial Reports
2018 Financial Reports
2017 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:
- 2019 Patronage total was $4.5 Million
- Checks are distributed to about 1,900 loan customers
- 21 year total cash patronage distribution is $35.9 Million
- Sharing in your association’s success is an important benefit of cooperative membership
Latest News
New Online Banking Features
Farm Credit Services of Mandan is announcing an update to our online banking (OLB) service, called My FCSM Access, beginning Oct.13, 2020. 1. Current users do not need to re-enroll. The customer account, bank accounts, and transfers that are currently in OLB will all be converted over to the new OLB (Architect). After the conversion, you will be prompted to reset your security questions. When...
FCSM Fall Newsletter – online link
What's Inside: FCSMfallnewsletter20 Keeping The Piece Workshops - postponed FFA Handbooks Donation Fall Bin Safety and Grain Bin Rescue Donation Fall Crop and Forage Insurance Updates Director Election Results Farm Transition Strategies Employee News Online Banking - new features added
Upcoming Events
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