(MINOT, ND) – 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 Tuesday, March 24, 2015. Rollin Tonneson, Souris, ND and Bryan Ankenbauer, Bowbells, ND were both re-elected to four-year terms. Stockholders also re-elected Mark Birdsall – Berthold, Barry Scheresky – Des Lacs, Dean Schoenberg – Mohall, and newly elected Tom Alveshere, Harvey and Alan Effertz, Velva, for one-year terms on the nominating committee.
“FCS had a very successful year in 2014. Loan business increased, new business growth was robust and credit quality continued to be very strong,” says Claude Sem, CEO. “We expect continued financial strength in 2015 and are proud of the Pat-NOW philosophy and the impact it has had on our members and their operations,” added Sem.
Over 240 attendees were at the annual stockholders business meeting and dinner which concluded with an excellent presentation by Bruce Vincent, motivational speaker and environmentalist.
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), Schaan Crop Insurance (Rugby) and Ward County Crop Insurance (Minot).
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