Investor Profile:  Dacotah Bank

Posted on February 8, 2018

Paula Jensen
Post Author

Comments Off on Investor Profile:  Dacotah Bank


Investment Partner Since: 2003 

  • Total Investment To Date: $1,050,000 Loans 
  • $91,450 in Sponsorships & Grants  

Working together is always better than working alone.  

This fact is especially true for rural communities who often need to pool their people and resources together to make things happen. Dacotah Bank was one of the first partners to invest in the Dakota Resources Capital Investment Fund, and that longstanding relationship is a testament to the importance of bringing strong rural advocates together.  

“When we take a look at our missions, we certainly align with Dakota Resources,” says Brad Moore, Dacotah Bank Regional President. “When we invest in them, that investment comes right back to us. All of the projects being funded through the Capital Investment Fund have added to the economic well-being of our rural communities.” 

Because Brad is also a Dakota Resources board member, he provides a unique perspective when it comes to the importance of investing in the Capital Investment Fund. 

“Sitting on the board, I have the advantage of knowing where Dakota Resources has deployed capital. I’ve seen the amazing Faulkton story unfold. I’ve been a part of some of the great things happening in Aberdeen, Webster and Brookings — all places where we have a banking presence,” he explains.  

In addition to helping “enrich people and empower communities” in rural South Dakota, there are also practical reasons why Dacotah Bank invests in Dakota Resources.  

“Investing in Dakota Resources allows them to invest in local development corporations, which frees up our time and creates efficiencies. At the end of the day, we’re all working together. We get a lot more done than if we tried to do it all ourselves,” he says.




Comments are closed.


Updates @ Dakota Resources

We grant permission to any development organization to repost and/or reuse any article contained in our blog for educational and marketing purposes.

 

A Successful Day of Giving
On December third, Dakota Resources jumped into the South Dakota Day of Giving by challenging rural economic development organizations across the state to participate...
Free Rural Housing Toolkit Provides Resources to Community Leaders
When it comes to rural challenges, one of the biggest obstacles many small towns face is a surplus of dilapidated properties and the need...
Colorado is Pretty, but South Dakota is Home.
After four months as the new Program Impact and Support Coordinator for Dakota Resources, Ellie Naasz is more than happy to talk about the...
WordPress Image Lightbox Plugin