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 | |
| Clair Hauge | Chairperson | Carson | 2023 |
| Dawn Martin | Vice Chairperson | Beulah | 2025 |
| Gary Friedt | Director | Mott | 2024 |
| James Vander Vorst | Director | Hague | 2022 |
| Carson Kouba | Director | Regent | 2025 |
| Michael J. Schaaf | Director | Glen Ullin | 2024 |
| Cary Moch | Director | Braddock | 2023 |
| Allen Roshau | Director | Dickinson | 2022 |
| Michael Schneider | Appointed Director | Bismarck | 2025 |
| 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.
2021 Financial Reports
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
Profitability Forum on Nov. 3rd in Mandan and Nov. 4th in Dickinson
You’re Invited to Farm Credit Services of Mandan’s Profitability Forum 2021 November 3 in Mandan at Baymont Inn & Suites November 4 in Dickinson at Grand Dakota Lodge Keynote Speaker: Dr. Freddie Barnard, Purdue University, Indiana Professor Barnard’s expertise is in agricultural finance and farm management. He has had extensive experience in agricultural lending. He is the director of the...
Zero Percent Financing Program Available
PURCHASE NEW, USED OR REFINANCE EQUIPMENT LOANS WITH ZERO PERCENT INTEREST FOR 90 DAYS The “ZERO” program is for the purchase or refinance of equipment from any competitor. This program will provide the customer with a 90-day zero percent interest starting the date of the promissory note. Loans will convert after 90 days to a competitive variable rate, at 2.95%, subject to change. Equipment...
Upcoming Events
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