Dakota MAC is Landera

YANKTON, SD (Nov. 3, 2025) – Long-time ag lender Dakota Mac is now “Landera,” a name that reflects a broader territory of service and commitment to ag during challenging economic times, First Dakota National Bank announced today.

The name change to Landera, effective immediately, better positions the financial institution for growth across the Midwest and reflects its ag values during a time when many farmers are struggling, said Nate Franzen, President of Ag Banking at First Dakota. In recent years, producers have faced challenges from both high input costs and low crop prices, and they need a banking partner who shares their commitment to farming.

“We don’t run when things get tough. We’re all-in on the future of agriculture,” Franzen said. “When clients deal with challenges, that’s when we’re at our best.”

Jeff Wolfgram, Senior Vice President and Landera Manager, said the Dakota Mac name has served them well, but in recent years it has become limiting.

“This doesn’t change that we’re associated with First Dakota National Bank,” he said. “But it does expand our horizon beyond the Dakotas. We take pride in the value we bring to customers, and we plan to do that in an even larger territory in the future.”

Land is still the most valuable resource and asset for any farmer. Despite the economic conditions today, land values remain stable. Franzen and Wolfgram said helping owners transition that land to the next generation is an important role for Landera.

“We have a lot of farm and ranch customers who are fourth and fifth generation, and we have put a lot of focus on helping our customers work through the transition from generation to generation,” Franzen said. “It’s so rewarding when we can help them figure out what their legacy is going to be.”

About First Dakota National Bank

Since becoming the first fully chartered bank in the Dakota Territory in 1872, First Dakota National Bank has strived to help our customers thrive at home, at work, and in their communities. With a legacy of success spanning more than 150 years, First Dakota remains dedicated to serving South Dakotans through its 17 conveniently-located branches.