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.
VISION
To build a strong financial future for all stakeholders and make a positive impact on our rural communities. We will be the company of choice in our marketplace.
MISSION
To promote the success of our customers by providing the best financial services in our agricultural communities, today and tomorrow.
- Develop and retain high-quality employees
- Provide resourceful ag expertise
- Deliver competitively-priced services
- Be a financially strong cooperative
CORE VALUES
Relationship Driven
We value our customers, employees, and communities we serve
Teamwork
We work together for mutual success
Integrity
We consistently do the right thing for the right reason
Accountable
We deliver on our commitments to pursue excellence
Innovative
We embrace change to fulfill our vision and mission
Board of Directors
Clair Hauge
Chairperson
Served since 2015
At-Large 2 ▪ Term ends 2023
(grain/livestock producer)
Dawn Martin
Vice Chairperson
Served since 2017
At-Large 3 ▪ Term ends 2025
(livestock producer)
Aaron Vetter
Chief Executive Officer
Gary Friedt
Served since 2020
Region D ▪ Term ends 2024
(grain/livestock producer)
Carson Kouba
Served since 2017
At Large 4 ▪ Term ends 2025
(grain producer)
Cary Moch
Served since 2008
Region A ▪ Term ends 2023
(grain/livestock producer)
Allen Roshau
Served since 2014
Region C ▪ Term ends in 2022
(livestock/hay producer)
Michael Schaaf
Served since 2011
Region B ▪ Term ends 2024
(grain/livestock producer)
Ed Breuer
Mandan
Served since 2022
At Large 1 ▪ Term ends 2026
(livestock/grain producer)
Michael Schneider
Appointed 2017
Term ends 2025
Sheldon Wolf
Appointed 2019
Term ends 2023
Financials
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
- 2022 Patronage Total was $7 Million
- Checks are distributed to about 2,000 loan customers
- 23 year total cash patronage distribution is $46 Million
- Sharing in your association’s success is an important benefit of cooperative membership
