Stockholders of Farm Credit Services of North Dakota, ACA elected two directors at their annual meeting which was held at the Holiday Inn in Minot on Thursday, March 29, 2018. Tom Henry, Westhope, ND and Roger Sauer, Glenburn, ND were both elected to four-year terms. Stockholders also re-elected Mark Birdsall – Berthold, Alan Effertz – Velva, Dean Schoenberg – Mohall, Scott Spear – Drake and newly elected Jerry Miller – Deering, for one-year terms on the nominating committee.
"FCS had another year of strong financial results in 2017 despite challenges in the ag economy. We have held two interest rate increases by the Federal Reserve which in turn keeps money in our members’ pockets,” says Claude Sem, CEO. “Our Pat-NOW philosophy continues to demonstrate our goal to keep your interest rates low,” added Sem.
Over 200 attendees were at the annual stockholders business meeting and dinner which concluded with motivational speaker David Okerlund.
Farm Credit Services is a member-owned agricultural credit association providing loans to farmers and ranchers for real estate, machinery, livestock and operating needs. FCS also offers life & disability and crop insurances to the rural community. FCS of ND serves 17 counties in northwest North Dakota through branch offices located in Minot, Bottineau, Carrington, Crosby, Rugby and Williston, including Bowbells Crop Insurance (Bowbells) and Ward County Crop Insurance (Minot).