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Bank pays $3.9M for closed Si Tanka campus
Monday, July 25, 2005

A South Dakota bank paid $3.9 million for the closed Si Tanka University campus in Huron.

The Huron campus was forced to close in March due to financial problems. Si Tanka then declared bankruptcy, saying it owed $6.6 million worth of loans and faced a $2 million federal tax lien.

The Si Tanka campus in Eagle Butte on the Cheyenne River Sioux Reservation remains open. The Cheyenne River Sioux Tribe chartered the school.

Get the Story:
Bank buys Si Tanka University property (The Sioux Falls Argus Leader 7/24)

Relevant Links:
Si Tanka University - http://www.sitanka.edu

Related Stories:
Judge won't protect Si Tanka's federal student aid (06/28)
Si Tanka wants protection from Education Department (06/09)
Si Tanka said to remove property from campus (06/01)
Editorial: Si Tanka bankruptcy hurts businesses (05/13)
Si Tanka University files for bankruptcy in court (5/11)
Graduation announced for Si Tanka University (04/21)
Si Tanka University files bankruptcy papers (04/11)
Buyers line up for failed Si Tanka University campus (4/6)
Tribe to consider fate of failed Si Tanka University (4/5)
Editorial: Too much missing money at Si Tanka (4/1)
Si Tanka students, faculty empty troubled campus (3/30)
Faculty at troubled Si Tanka University campus quit (3/29)
Si Tanka University loan limited to reservation campus (3/28)
Si Tanka University students, faculty frustrated (3/25)
Tribe finds money to keep Si Tanka University open (3/23)
Si Tanka University to raise $1M to stay open (3/21)
Si Tanka University to discuss future of school (3/18)
BIA puts off decision on Si Tanka University (3/17)
Si Tanka wrapping up discussions with BIA (3/15)
Si Tanka continues effort to secure federal funds (3/14)
Si Tanka University campus to shut down by April 1 (3/11)
Editorial: Closure of Si Tanka campus a 'shame' (3/11)
Si Tanka University assures students of financial aid (3/9)
Tribe, Si Tanka University go to Washington for funds (3/8)
Tribe blasts BIA for lack of Si Tanka University funds (3/7)
Cheyenne River Sioux Tribe acts on Si Tanka plan (3/4)
BIA won't give money to Si Tanka University (3/2)
Editorial: Hard to be optimistic on tribe's college (01/27)
Tribally-controlled university seeks federal funds (01/18)
South Dakota tribe's university hopes to pay off debts (12/17)
South Dakota tribe's college still in limbo (12/10)
South Dakota tribe's college on shaky ground (11/19)
Editorial: Tribe's college should stay open (10/29)
Tribe's college faces uncertain financial future (10/21)
Tribal college camp to immerse students in Lakota (05/24)
S.D. tribe's college undergoing financial woes (7/14)
College seeks $9.5 million in aid from tribe (03/20)

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