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FCS of ND Distributes $4.3 Million of Ca$h Dividend$ to Borrowers

FCS of ND announced $4.3 Million in Ca$h Dividend$ were distributed to its stockholder-customers in late March.
This major all-new additional customer benefit should put annual Ca$h Dividend$ into the pockets
of our current and future customers for years to come!

Farm Credit Services of ND

Farm Credit Services of North Dakota Names Gordon D. Hanson Chief Executive Officer



April 8, 2019

(Minot, ND) – The Board of Directors of Farm Credit Services of North Dakota is pleased and excited to announce the appointment of Gordon D. Hanson to the role of President and Chief Executive Officer effective July 1, 2019.

Hanson has worked with Farm Credit institutions for over 32 years, serving most recently as Senior Vice President and Chief Risk Officer for Farm Credit Mid-America. Prior to joining Farm Credit Mid-America in January 2014, he served the Farm Credit Administration for 27 years in various capacities, with the last seven years as the agency’s Credit Risk Program Manager. He also previously managed a farming operation in Colorado.

Hanson has a bachelor’s degree in Agricultural Economics from North Dakota State University, and completed the Graduate School of Banking program at the University of Wisconsin-Madison. He is also a commissioned Federal Bank Examiner and a Certified Financial PlannerTM.  Gordon and his wife Gina have been married for almost 30 years and have three children. “I grew up on a family farm in northwest Minnesota and went to both the University of North Dakota and North Dakota State University,” Hanson stated. “I am very excited to return to North Dakota and partner with the Board of Directors, management and staff of Farm Credit Services of ND in serving the farmers and ranchers throughout this region.”

Hanson will replace Claude Sem, who has served as CEO since January 2000. Sem started his career with the Farm Credit system in 1979 and has held various positions within the Farm Credit System throughout his career.

About Farm Credit Services of North Dakota
Farm Credit Services of ND is a member-owned agricultural credit association providing loans to farmers and ranchers for real estate, machinery, livestock, and operating needs. Our unique Pat-NOW philosophy is based on the cooperative principle that members receive benefits based on their use of the cooperative’s services. As a result, income from these services helps keep interest rates low. FCS of ND also offers life & disability and crop insurances to the rural community.  They serve 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).

Contact:          Kathy Berg
                          SVP – Human Resources
                          Farm Credit Services of ND
                          701-852-1265 or 800-264-1265




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