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RURAL ELECTRIC ECONOMIC DEVELOPMENT, INC. (REED) FUND

Bon Homme Yankton Electric is a REED Fund member. REED provides business and community project financing in partnership with commercial and other economic development lenders to leverage private investment and make a difference in the region it serves. Established in 1996 and governed by 25 electric cooperatives, REED assists projects that promote growth and contribute to job, business and wealth creation, as well as improve the infrastructure, community facilities/services and economic base of rural areas in South Dakota and Minnesota or as shown on the map.

 

Who We Are

REED Fund is a community development financial institution dedicated to providing financing and helping to leverage investment to make a difference in the region.

What We Do

REED offers loans that:

  • promotes growth
  • contribute to job, business, and wealth creation
  • improves the infrastructure and economic base in rural areas

The fund demonstrates cooperative principles of commitment to community and cooperation among cooperatives in a meaningful way that adds value to the local economy. REED Fund is a 501.3.3 nonprofit corporation and does not restrict its lending to members of a rural electric cooperative.

 

 

SD Co-op Map
Learn More about the REED Fund

Yankton Protein, LLC was recently awarded financing when Bon Homme Yankton Electric issued a Rural Electric Economic Development, or REED, loan to Yankton Protein, LLC for assisting with financing the Dakota Protein, LLC facility in rural Yankton, SD. 

Read News Release
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Contact Us

PO Box 158
134 S Lidice St
Tabor, SD 57063

Phone: (605) 463-2507
SD Toll-Free: (800) 925-2929
Fax: (605) 463-2419

Office Hours: Monday-Friday 7:30am-4:00pm

Our Co-op Partners

East River Electric

Basin Electric Power Cooperative

South Dakota Rual Electric Association

Safe Electricity.org Member Badge

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©2023 Bon Homme Yankton Electric. All Rights Reserved.

  • Home
  • My Account
    • Payments & Billing
      • Payment & Billing Options
      • PrePay Program
      • Budget Billing
      • Energy Assistance
      • Deposits & Fees
      • SmartHub Tutorials
  • My Energy
    • Energy Efficiency
      • Load Management
      • Rebates & Incentives
      • Agricultural & Commercial Rebates
      • REC Program
      • Residential Solar
      • Energy Tips and Resources
    • Co-op Services
      • Electrical Department
      • Electric Grills
      • Security Lights
      • Internet Service
  • Safety
    • Resources
      • Call Before You Dig
      • Farm Safety
      • Power Line Safety
      • Emergency Preparedness
      • Generator Safety
      • Tree Trimming Safety
      • Electricity Safety For Kids
  • News and Community
    • Co-op News and Events
      • Cooperative Connections Magazine
      • My Co-op News
      • REED Fund
      • Operation Round Up®
      • Co-op Connections® Card
      • Basin Tour
    • Youth Programs
      • Scholarships
      • Youth Tour
      • Youth Excursion
      • Touchstone Energy Scholar of the Week
  • My Co-op Membership
    • Governance
      • Board of Directors
      • Member Information & Cooperative Bylaws
      • Capital Credits
      • Annual Meeting
    • About the Cooperative
      • Our History
      • Staff & Employees
      • Where Your Electricity Comes From
      • Mission, Vision, & Principles
      • About Touchstone Energy
      • ACRE
      • Employment Opportunities
      • Nondiscrimination Statement
  • Contact Us