News From Terre Haute, Indiana

November 9, 2013

Briefly: November 10, 2013

Tribune-Star staff report
The Tribune-Star

TERRE HAUTE — Terre Haute

Lunch with a Lawyer welcomes Tanoos

Tricia Tanoos of Modesitt Law Office will be the featured speaker at Lunch with a Lawyer from 11:30 a.m. to 1 p.m. Nov. 18 at the Wabash Senior Activity Center, 300 S. Fifth St.

Tanoos’ primary practice areas include Medicaid and estate planning, guardianship and probate proceedings and family law. A brief question-and-answer period will follow the presentation.

Lunch will be provided courtesy of Cloverleaf Healthcare.

The program will include a “mission moment” (community service agency) speaker.

Space is limited and reservations are required. RSVP by calling 812-232-7575.

Terre Haute

‘Captain Cash’

teaches about money

It’s never too early for children to learn how to become eager earners, savvy savers, wise spenders and careful borrowers. The financial literacy program “Captain Cash” engages children in money-smart activities and starts them down the road to financial fitness. The program is an elementary curriculum designed by Purdue Cooperative Extension Service.

Terre Town Elementary School partnered with extension educators and Old National Bank to bring “Captain Cash” into third-grade classrooms. Each student participated in four class sessions, as well as take-home parent newsletters with suggested at-home games and activities that focus on earning, saving, planned spending and wise borrowing of money. Each session introduced money-related vocabulary words and teaches money concepts that are based on Indiana Academic Standards for math and social studies.

Purdue Extension — Vigo County and Old National Bank also partnered to offer the students an opportunity to participate in the Piggy Bank Pageant. Each Terre Town third-grade student decorated a piggy bank to have on display at Old National Bank on Lafayette Avenue. Community members voted by dropping coins in their favorite decorated bank.

To learn more about “Captain Cash” contact Sarah Gaughan or Krista Farthing at 812-462-3371.


Crop commodity loan payments resume

U.S. Department of Agriculture Farm Service Agency Administrator Juan Garcia announced Nov. 1 that the processing and disbursement of 2013 crop commodity loans has resumed. The commodity loan programs provide interim financing to producers for agricultural commodities stored after harvest and then sold throughout the year. Crop year 2013 commodity loan-making was suspended Oct. 1 to make changes necessary to accommodate the automatic funding reductions known as sequester. Sequestration is mandated by the Budget Control Act of 2011.

“We must comply with the laws established by Congress in accordance with sequestration policy,” said Garcia. “We regret the delay this has created in USDA issuing marketing assistance loans because we know how critical the loans are to farmers’ cash flows at this time of year.”

Producers requesting 2013 crop commodity loans on their harvested commodities will have a 5.1 percent reduction to the loan amount upon its disbursement, due to the sequestration. Commodity loans issued by marketing associations and loan servicing agents are also subject to the sequestration reduction.

During the period that loan-making was suspended, producers were still able to submit loan applications to their county FSA offices, marketing associations and loan servicing agents.

For further information about commodity marketing loans, farmers may contact their local county FSA office or visit