First Interstate bank helps raise $520k for Rancher Relief Fund - KOTA Territory News

First Interstate bank helps raise $520k for Rancher Relief Fund

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First Interstate Bank locations in KOTA Territory helped raise $520,000 for the Rancher Relief Fund.

The organization partnered with 24 stock barns in Montana, Nebraska, North Dakota, Texas, Wyoming and South Dakota. They held a number of rollover auction in which the bank initially bought the heifers that were auctioned off. The auctions brought in $478,000 dollars. And donations from bank's members and affiliates contributed the rest.

Mike Johnson of First Interstate Bank in Sturgis said this couldn't have been possible without the help of their partners.  "These guys they really came forward and put out a lot of effort to make this event happen, without them this event didn't take place," said Johnson.   

This combined effort will definitely make a difference to the fund, said Silvia Christen of the Stockgrowers Association.  "Its going to be a substantial portion of the total amount $520,000 at this point is twenty percent of the money we have in the account and that's a huge effort and a huge accomplishment and we are very grateful," said Christen.

Donations are still being added to the fund which totals $2.5 million now.

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