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Thursday, December 13, 2012

NORTH BALTIMORE, Ohio – A $10,000 check was awarded each to Blanchard Valley Center and Wood Lane through a joint donation program involving Hancock-Wood Electric Cooperative, Prism Propane and CoBank on Thursday morning.

“One guiding principle of any cooperative is ‘concern for community,’” said Hancock-Wood President & CEO George Walton. “We appreciate CoBank’s generous outreach in helping us continue to uphold that principle. This is truly win-win all the way around.”

The gifts were awarded to Blanchard Valley Center and Wood Lane in a brief ceremony this morning. The grants will benefit hundreds of students in Hancock-Wood’s service territory by continuing to offer quality educational, recreational and social service programs to area families, in particular those with developmental disabilities.

The party responsible for helping to make this happen is CoBank, a national cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural electric power, water and communications providers in all 50 states.

Introduced this year, CoBank’s Sharing Success Program has extended $3 million nationally to hundreds of cooperatives across the U.S, matching dollar-for-dollar donations to local charitable and non-profit groups.

The gifts from Hancock-Wood and Prism Propane were one of the largest in the history of either company.

“We hope these monetary gifts will only enhance the enjoyment the holidays bring,” Walton said. “We believe in and support the people in our communities, and those who live on our lines.”

We demonstrate our Concern for Community by volunteering and donating to local charitable causes. Nearly $500,000 in grants have been distributed in the last decade through grants and Operation Round Up funds to individuals and organizations in need. We also provide assistance to Habitat for Humanity, schools, churches and community events. To learn more, click on Community Involvement above. learn more

Members benefit from electric service reliability, competitive rates, money after co-op bills are paid in the form of patronage/capital credits, discounts, informative co-op publications, easy-to-access payment plans, rebates, scholarships, family-friendly Member-only events and a vote in the direction of Hancock-Wood Electric Co-op. To learn more, click on Member Benefits above. learn more

Hancock-Wood Electric Cooperative has granted more than $100,000 in scholarships within the last decade. An additional Power Systems Engineer (PSE) Scholarship has been added to the program. The winner of this scholarship is eligible for paid internship(s) in the co-op’s engineering department. learn more