May 2015

Trinity Lutheran Church of rural Letcher will be having their final service May 24 at 10 a.m. Following the church service, a special Memorial Day service will be held in the cemetery at approximately 11:15 a.m.
The group will then gather in the church basement for a light lunch and a time of sharing and remembrance. Storla and Salem Lutheran Churches and a Thrivent Action Team are in charge of the lunch.

Dakotaland’s Woonsocket Branch Manager, Lisa Snedeker pictured with local scholarship winner Johnathan Linke and Woonsocket High School English Teacher Mr. Craig Lieber.

Dakotaland’s Woonsocket Branch Manager, Lisa Snedeker pictured with local scholarship winner Johnathan Linke and Woonsocket High School English Teacher Mr. Craig Lieber.

Woonsocket, May 18 – Local Dakotaland Federal Credit Union scholarship winners were given the opportunity to honor a teacher that has made a lasting impact on their lives. The Credit Union joined in the recognition of these very special teachers with a $200 donation to be used as the instructors see fit in their respective classrooms.
Jonathan Linke, a senior from Woonsocket, received a Dakotaland Federal Credit Union scholarship and in his application nominated English teacher Mr. Craig Lieber at Woonsocket High School.
“Mr. Lieber has challenged me and made me work hard toward higher quality work.  He adds an element to the classroom that is hard to match and you can tell he is passionate about what he does.  Mr. Lieber has truly brought positive change to our school and community”, stated Johnathan. Mr. Linke  graduated this spring and will attend South Dakota State University in Brookings, majoring in agronomy and animal science.
Dakotaland is proud to support its area youth and to recognize teachers like Mr. Lieber, for the support and encouragement they have shared with their students.  The Credit Union has locations in Huron, Volga, Brookings, Madison, Redfield, DeSmet, Mitchell and Woonsocket. Dakotaland continues to be locally owned and operated offering a full-line of financial services to its membership since 1935.

North Central Farmers Elevator, SD Wheat Growers approve Unification Agreement

New cooperative to be named CentraGro Cooperative

The Boards of Directors for North Central Farmers Elevator (NCFE) and Wheat Growers (WG) have voted to approve the Unification Agreement that would unify the two cooperatives into a newly named, member-owned and locally governed cooperative, pending a vote by members of both cooperatives in June.
The Agreement includes a provision for the newly formed cooperative to be named CentraGro Cooperative, as well as the new Articles of Incorporation and Bylaws.
“The vote on the Unification Agreement taken by our Board members reflects the overall support we’ve heard from our membership over the past several weeks,” said NCFE Board President Richard Osterday. “More and more, people understand that our main objective in moving forward with the proposed unification is to build on our past successes to create an even stronger, more competitive future for our members. The financial savings, alone, are quite significant, especially by eliminating duplication and building efficiencies.”
After announcing the initial Letter of Intent in March, leaders from NCFE and WG have focused on the due diligence steps required during a unification process. That work culminated in a final agreement proposal for consideration by the Board members this week.
“With the thorough due diligence that we’ve conducted, we have even more confidence in the benefits that our patrons will experience as a result of a unification,” said WG Board President Hal Clemensen. “These benefits will translate into increased patronage, a stronger balance sheet, and more investment in products, services and facilities to better serve our member-owners.”
The approved name, CentraGro Cooperative, reflects the value and benefits of the unification while combining elements of the cooperatives’ current names.
“Our Board members understand the member value that we would generate by unifying to create CentraGro,” said NCFE General Manager Mike Nickolas, “and through the due diligence findings, they see the benefits validated. Due diligence was an important step to ensure that we all understand the potential synergies and risks for our member-owners.”
Added WG CEO Dale Locken, “Now that the Board members have approved the Unification Agreement, including CentraGro as the new name, we want to focus on sharing the details with our member-owners. We look forward to meeting with them in the coming weeks to make sure they have the information they need before the vote.”
An informational meeting will be held Monday, June 1 at 9 a.m. at the Huron Event Center.
For a full schedule of upcoming NCFE/WG member meetings, the voting process, and other information regarding the proposed unification, visit www.growingtogether.coop. Questions can be submitted on the Web site or by calling 1-888-429-4902 (WG) or 1-800-658-3353 (NCFE).
North Central Farmers Elevator is a full-service, farmer-owned cooperative with product and service areas in grain, agronomy, feed and energy with locations in north central South Dakota and south central North Dakota. Its mission is to excel at providing high-quality services and products that grow member and cooperative profitability and success.
Wheat Growers is a grain and agronomy cooperative in the heart of South and North Dakota. Owned by the members it serves, Wheat Growers exists to provide, with integrity, customers with reliable markets, services and quality products through a safety-oriented, profitable and innovative organization.