Date of Award
2-2006
Document Type
Independent Study
Degree Name
Master of Business Administration (MBA)
Abstract
In 1935, Farm Credit Associations (FCAs) were comprised of 5,000 offices serving 10,000 communities. Today 97 associations serve 1,100 communities. FCS Financial Services (FCS) provides services to roughly 3,200 members whose lives and businesses will be affected if FCS is also forced to close its branch offices.
Executives at FCS have grown increasingly concerned the past few years; if action isn't taken the likelihood of branch closures are inevitable. In order to secure the future of its branches and employees, as well as serve the needs of rural communities, changes need to be taken. The president and CEO, Mike Krutza, requested I research possible options for its future. I was also asked to take part in a survey of its 3,175 members, to uncover future needs, and willingness to adapt to changes that could take place in FCS communities. Background information about the origination and history of Farm Credit Services is presented in order to understand past events and the current operating environment.
Recommended Citation
Wiff, Lindsay, "Future of FCS Financial Services" (2006). Theses and Dissertations. 6612.
https://commons.und.edu/theses/6612
