The First Dakota National Bank Agricultural Banking Team has been named the 2019 South Dakota State University Friend of the Beef Industry. Agriculture has been in First Dakota’s blood since they opened their doors in 1872. Their commitment to farmers and ranchers through every calving and growing season has allowed them to grow into one of the largest agricultural lenders in the nation.
“First Dakota National Bank has been a longtime supporter of SDSU and the College of Agriculture, Food and Environmental Sciences and has been instrumental in providing support in developing a number of our program areas, specifically the beef program,” said John Killefer, South Dakota Corn Endowed Dean of the College of Agriculture, Food and Environmental Sciences. “Nate Franzén, president of the Agricultural Banking Division at First Dakota, has been a real champion of our beef activities on campus.”
Franzén is responsible for all aspects of agricultural relationship banking at First Dakota. He grew up on a diversified dairy, grain and cattle farming operation near Langford, S.D. He joined First Dakota in 1998. In 2011, Franzén was appointed to the American Bankers Association’s Agriculture and Rural Bankers committee and served as chairman in 2015. He is a graduate of South Dakota Agricultural and Rural Leadership (SDARL) Class I and currently serves as chairman of the SDARL Foundation Board of Directors. He is also chair of the South Dakota Ag Foundation Board of Directors.
Larry Ness is CEO and chairman of the board at First Dakota. In 2010, he was named a Distinguished Alumnus by the South Dakota State University Department of Economics. In 2015, SDSU created the Ness Division of Management and Economics, now called the Ness School of Management and Economics, to honor his commitment to SDSU and its students. This year, Ness will be honored as one of six Distinguished Alumni of SDSU.
First Dakota has also invested in SDSU’s Cow-Calf Education and Research Facility, eTrading Education Laboratory, Swine Education and Research Facility, and Raven Precision Agriculture Center.
First Dakota National Bank was honored on the field during the Sept. 21 SDSU Beef Bowl football game. The organization was represented by Larry Ness and Nate Franzén.