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April 20, 2006 -- Lincoln Savings Bank/LSB Financial to Provide $15,000 Gift for the Iowa State University Northeast Iowa Research and Demonstration Farm at Nashua

Lincoln Savings Bank/LSB Financial recently donated $3,000 to the Northeast Iowa Agricultural Experimental Association. The $3,000 check is the first installment of an overall $15,000 gift to be given out over 5 years. The donation will go to the Northeast Iowa Agricultural Experimental Association’s Borlaug Learning Center Campaign. The campaign is being led by the Northeast Iowa Agricultural Experimental Association, which owns the Iowa State University Northeast Iowa Research and Demonstration Farm at Nashua.

The Borlaug Learning Center would honor Norman Borlaug, who was raised on a farm near Cresco. He is known as the father of the “Green Revolution” and received the Nobel Peace Prize in 1970 for his work to improve agricultural production in countries faced with famine.

Kay Connelly, fundraising committee chair and a former Iowa State University Extension crop production specialist, said Borlaug’s legacy of service, education and innovative research is the reason the center is being named in his honor. “This is an opportunity to strengthen our partnership with northeast Iowa and share applied knowledge and research, while honoring Dr. Borlaug,” he said.

The new center will create a state-of-the-art learning environment for educational programs for area farmers and agribusinesses, the experimental association, Iowa State University Extension and many community groups and youth organizations such as 4-H and FFA.

The new facility will feature meeting and conference rooms equipped with the latest technology. There will be on-site lab space to perform water quality research. Area extension staff will be housed in the learning center to enhance links between extension, research and service.

The association established the farm in 1976. Organizers of the fundraising campaign say the new building will help ensure the research and demonstration farm continues to provide cutting edge, site-specific agricultural research and education, keeping northeast Iowa agriculture competitive.

For over a century, LSB has been an Iowa-owned institution devoted to serving the needs of customers. Since founding the bank on August 28, 1902, the company’s philosophy has been based on a small set of timeless guiding principles referred to as Core Values: Honesty, Integrity & Quality; Engaging, Supportive Relationships; Pride & Commitment; Continuous Improvement; Passionate Community Stewardship; and Excellence in Reputation.

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