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.
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
Farm Women’s Forum in Mandan on April 14th
Welcome back to a great day of learning (in person!), compliments of Farm Credit Services of Mandan. Our focus on producer education is a win-win objective as we believe in the statement, “Learn More - Earn More.” We hope you can take a day off to participate in this personal development day that is customized to fit today’s issues and entrepreneurial spirit of our rural communities. Farm Credit...
Cattle and Crops Market Outlook Webinar on March 31st
FCSM Dual Credit Webinar Wednesday, March 31st at 2:00 p.m. CT Cattle Market Outlook and Crop Price Projections Featured Speaker: DuWayne Bosse, Bolt Marketing LLC,, Bosse State Line Farms DuWayne Bosse is a founding member of Bolt Marketing LLC, a commodity brokerage firm formed in 2010 in northeast South Dakota. Bolt Marketing LLC specializes in risk management for farming operations. DuWayne...
Upcoming Events
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