Rural Electric Economic

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121 SE 1st St
Madison, SD 57042
+1 (605) 256-4536
https://www.reedfund.coop

Rural Electric Economic Development, Inc. (REED) is a non-profit organization that has been serving the rural areas of South Dakota and Minnesota for over 25 years. Governed by 25 electric cooperatives, REED provides business and community project financing in partnership with commercial and other economic development lenders to promote growth, job creation, and wealth generation in the region. They assist projects that improve infrastructure, community facilities, and economic base, making a significant impact on the rural areas they serve.

With a total amount of loans originated reaching 121 million dollars and over 10,000 jobs impacted, REED has been instrumental in supporting various sectors such as healthcare, education, agriculture, tourism, manufacturing, and housing. Their mission is to leverage private investment and collaborate with local stakeholders to build vibrant communities and enhance the economic well-being of rural areas in South Dakota and Minnesota.

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United States›South Dakota›Madison›Rural Electric Economic

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