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Hallock Ag and Business Banker Derek Holt has been promoted to Assistant Vice President.

Holt joined American Federal in 2007. Holt attended the 2010 Sales Star Retreat, American Federal’s premier recognition event for top performing bankers.

He has eight years of financial services experience, including ag, business and consumer and home mortgage financing, working with clients in Minnesota, North Dakota and South Dakota.

Holt grew up and worked on his family’s farm, Holt Farms, a cattle and crop operation near Cresbard, SD.

He is a member of the Hallock Eagles Club and the Kennedy Crew and a member and Secretary of the Two River Golf Course, Hallock.

Holt earned a Bachelor’s of Arts Degree, with a major in Business, from Concordia College, Moorhead, MN.