Wells Fargo donates $30,000 to Rancher Relief Fund - KOTA Territory News

Wells Fargo donates $30,000 to Rancher Relief Fund


STURGIS, S.D. – In response to the disastrous blizzard affecting western South Dakota livestock producers in early October, Wells Fargo Friday announced that it will contribute $30,000 to the South Dakota Rancher Relief Fund.

The Rancher Relief Fund is administered by the Black Hills Area Community Foundation (BHACF) in cooperation with the South Dakota Stockgrowers Association, the South Dakota Cattlemen's Association and the South Dakota Sheep Growers Association for the direct benefit of livestock producers impacted by the storm.  Wells Fargo's contribution will be used to assist producers who lack financial resources with disposal of dead cattle, herd recovery and habitat restoration.

"At Wells Fargo, one of our guiding principles is that we are only as strong as the communities we serve," said Dan Murphy, regional president for Wells Fargo in South Dakota. "Our western South Dakota communities have demonstrated tremendous strength in the face of tragedy—banding together, sharing resources and providing moral support to each other. We hope this contribution will help strengthen them even more."

In addition to its financial contribution, Wells Fargo is assisting impacted livestock producer customers by helping document losses, deferring loan payments and restructuring loans.

To donate to the Rancher Relief Fund, visit www.giveblackhills.org and search "Rancher Relief Fund" or mail checks to Rancher Relief Fund, P.O. Box 231, Rapid City, S.D., 57709.

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