Newly selected for the South Dakota Rural Enterprise board of directors is Jim Mirehouse of Rapid City. A United States Air Force pilot, staff officer and commander for 22 years, Mirehouse retired as a colonel and began a career in financial services.

Mirehouse’s banking career started in agricultural credit in Great Falls, MT. Transferred four years later to President and CEO in Havre, MT, he was promoted to Senior VP of the bank’s problem loan subsidiary in Minneapolis, MN. While in Minneapolis, Mirehouse organized and operated Agricultural Credit Corporation in the eight-state trade area. In 1986, he was named chairman of a new acquisition in the state of Washington and ran the bank’s regional sales finance, real estate processing and education programs at the Minneapolis headquarters. He relocated to Rapid City, SD as bank president in 1987 and served in that position until he was promoted to Regional Manager of South Dakota in Sioux Falls in 1996, serving in that position until his retirement in 2000.

Following the banking career, he founded a venture capital company in South Dakota to provide startup equity capital for new businesses and served as the Regional Manager for the Small Business Development Center for Western South Dakota. Currently, Mirehouse is CEO of the Black Hills Business Development Center and Genesis Equity Fund, LLC. He serves on five company boards of directors, several non-profit boards and the Lakota Fund Loan committee.