REED Fund

REED Fund REED Fund is a community development financial institution dedicated to providing financing & helpin

Who We Are:

REED (Rural Electric Economic Development) 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:
•promote growth
•contribute to job, business, and wealth creation
•improves the infrastructure and economic base in rural areas

The fund demonstrate

s 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.

REED works with groups like the NREDA to advocate for rural communities across its member service areas. Learn more abou...
05/28/2026

REED works with groups like the NREDA to advocate for rural communities across its member service areas. Learn more about its Spring trip to Washington, D.C. https://rebrand.ly/12a5n15

In 2024, there were 3,920 civilian fire deaths nationwide and 11,780 injuries. The Parkston Volunteer Fire Department is...
05/26/2026

In 2024, there were 3,920 civilian fire deaths nationwide and 11,780 injuries. The Parkston Volunteer Fire Department is doing its part to protect residents with help from the REED Fund. Learn about its latest project.
https://rebrand.ly/t71ll8d

The REED Fund recently issued a $300,000 loan to the Parkston Volunteer Fire Department to help buy a new truck. Learn m...
05/26/2026

The REED Fund recently issued a $300,000 loan to the Parkston Volunteer Fire Department to help buy a new truck. Learn more about this investment and why it’s so valuable.
https://rebrand.ly/rf4mhf6

During his April trip to Washington, D.C., with the NREDA, Eric Fosheim met with the USDA to discuss funding programs fo...
05/21/2026

During his April trip to Washington, D.C., with the NREDA, Eric Fosheim met with the USDA to discuss funding programs for rural areas. Read more about this mission. https://rebrand.ly/p2zwoev

In April, Eric Fosheim at the REED Fund met with South Dakota Senator Mike Rounds and the staff of Senator John Thune. L...
05/14/2026

In April, Eric Fosheim at the REED Fund met with South Dakota Senator Mike Rounds and the staff of Senator John Thune. Learn more about this trip and why it is so important. https://rebrand.ly/2knwc23

In late April, Eric Fosheim at the REED Fund traveled to Washington, D.C., as part of an NREDA cohort. Learn more about ...
05/08/2026

In late April, Eric Fosheim at the REED Fund traveled to Washington, D.C., as part of an NREDA cohort. Learn more about this fly-in mission and why it is valuable. https://rebrand.ly/4qlh5pe

Address

211 S. Harth Avenue PO Box 227
Madison, SD
57042

Telephone

+16052564536

Website

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