The REED Fund is a private, non-profit corporation governed by a board of directors representing its 20 electric cooperative members. Renville-Sibley Cooperative initiates the economic development loan process on behalf of the local applicant. For more information about the REED Fund and its application process, contact Dale Christensen, CEO, Renville-Sibley Cooperative. The REED Fund is an equal opportunity lender/agency, serving a 36,000 square-mile area in rural eastern South Dakota and western Minnesota.