"Where Fillmore County News Comes First"
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Friday, December 19th, 2014
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Co-op announces special year-end refund of $500,000


Fri, Jan 24th, 2014
Posted in Rushford Business Announcements

RUSHFORD, Minn. — Members of Tri-County Electric Cooperative (TEC) are seeing the benefits of co-op membership on this month’s statements as the board of directors issued a special $500,000 year-end refund.

The action was taken by the board because the co-op exceeded its financial requirements. As a co-op, any excess margins must either be returned to members or booked as capital credits each year.

“At a time of the year when temperatures have caused members to use more electricity than usual, we are pleased to report that our excellent financial condition enables us to return this money back to members,” states Brian Krambeer, president/CEO.

The amount of the refund is listed as a credit on each member’s January statement and is based on the amount of electricity used from January to November of 2013.

In October, TEC returned $812,200 in capital credits to members. The amount of each member’s capital credit refund was based on electric purchases made during specific years. The co-op retired 100 percent of the year 1990, 50 percent of 1991 and small percentages of the years 1992 through 2007.

TEC is a member-owned electric distribution cooperative serving three counties in Minnesota including Winona, Houston and Fillmore and parts of Olmsted and Mower counties in Minnesota and Howard, Winneshiek and Allamakee counties in Iowa. It provides electricity to more than 12,800 services in the area. TEC is a Touchstone Energy Cooperative.

Rushford native joins Gundersen Houston Clinic

Fri, Jan 24th, 2014
Posted in All Business Announcements

Jennifer Hansen, RN, CNP, has joined the Gundersen Houston Clinic as a nurse practitioner. A native of Rushford, Minn., Hansen joins Linda Runstrom, NP, to provide primary care services for patients of all ages including preventive care, women’s h ..... 
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SMIF announces $100,000 in grants available

Fri, Jan 24th, 2014
Posted in All Business Announcements

As part of its effort to invest in economic growth within the region, Southern Minnesota Initiative Foundation (SMIF) is offering $100,000 in Incentive Grants to 501(c)3 nonprofit organizations or units/agencies of local, state, or federal governmen ..... 
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Greg Evans appointed Merchants Bank President/Chief Banking Officer

Fri, Jan 17th, 2014
Posted in All Business Announcements

WINONA, Minn. – Greg Evans has been appointed Merchants Bank President/Chief Banking Officer, according to Rod Nelson, Merchants Bank President and Executive Vice President of Merchants Financial Group, Inc. (MFGI). “Greg is a true community ..... 
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Habitat for Humanity is coming to Chatfield

Fri, Jan 10th, 2014
Posted in Chatfield Business Announcements

A steering committee has been formed in Chatfield, Minn., to bring Habitat for Humanity to our community. Habitat for Humanity is a non-profit, grass-roots, ecumenical Christian ministry. Its mission is to eliminate sub-standard housing and homeless ..... 
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Red Cross Provides Services after Car Goes through Ice

Mon, Jan 6th, 2014
Posted in All Business Announcements

WINONA, MN, January 5, 2014— American Red Cross volunteers were at the scene of a fatal accident on Sunday morning, providing needed services to rescue workers. The Winona Dive and Rescue team was called out on Sunday morning to the Mississippi Riv ..... 
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Merchants Bank banker appointed to U.S. Secretary of Agriculture’s Advisory Committee on beginning farmers and ranchers

Thu, Jan 2nd, 2014
Posted in All Business Announcements

ST. CHARLES, Minn. - Tim Gossman, Vice President and business and ag lender at Merchants Bank in St. Charles has been appointed to the U.S. Secretary of Agriculture’s (USDA) Advisory Committee on Beginning Farmers and Ranchers. Gossman, who far ..... 
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Fillmore County Physical Therapy Ribbon Cutting

By Mitchell Walbridge

Fri, Dec 27th, 2013
Posted in Preston Business Announcements

Preston Chamber of Commerce members and City Administrator Joe Hoffman welcome Lisa Stensrud and her technician Kristina Ruud with a ribbon cutting at the Fillmore County Physical Therapy open house on December 12, 2013. Pictured from left to right a ..... 
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Area food shelves receive money from “Swipe Out Hunger”

Thu, Dec 26th, 2013
Posted in All Business Announcements

WINONA, Minn. – Merchants Bank’s “Swipe Out Hunger” Facebook giveaway has concluded with more than 1,700 votes cast to benefit area food shelves. Merchants Bank donated 5 cents each time a Merchants Bank credit card or debit card was used ..... 
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