First Dakota National Bank has announced changes to its Board of Directors, with Sioux Falls President Michael Ness elected Chairman of the Board and Executive Vice President - Market Manager Aaron Ness elected Vice Chairman. Previous Chairman Larry Ness and Vice Chairman Dave Olson will remain on the Board, serving as directors.
Rob Ness, Chief Financial Officer and Director, was reappointed as Board Corporate Secretary, a position he’s held for the past several years, and Dennis Everson retired from the Board.
First Dakota would like to express its most sincere gratitude to Larry — who also served as CEO of First Dakota National Bank from 1983 to 2022 — for an impressive 29-year tenure as Chairman of the Board. Under Larry’s guidance, First Dakota grew from one location and $42 million in assets to 17 locations in 12 South Dakota cities with more than $2.9 billion in assets.
“It’s been an honor to serve as Chairman for the past 29 years, but what an even greater honor it is to pass the torch to the next generation of leadership,” Larry said. “When I came to First Dakota in 1983, I saw an opportunity to accomplish ambitious — some might say outrageously ambitious — goals, and 42 years later, we’ve exceeded even my own expectations.”
With nearly 70 years of combined service to First Dakota already, Michael, Aaron and Rob are excited for the opportunity to continue guiding the vision and direction of the bank toward an even more successful future.
“Having this opportunity to carry on our family legacy at First Dakota is both exciting and humbling,” said Mike. “The future is bright for First Dakota, and with our incredible staff, loyal customers and committed leadership, we believe the potential is unlimited.”
First Dakota would also like to thank outgoing Board member Dennis Everson for his years of service and commitment to First Dakota’s success.
“Denny isn’t just a thoughtful and committed leader, he’s also a good friend,” Larry said. “It’s been an honor to serve alongside him for many years, and we wish him the very best in the future.”
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