The Beef Bucks program has been incorporated as a non-profit organization for the purpose of promoting the beef industry as well as educating consumers. Beef Bucks is governed by a volunteer board of directors with seven members and a secretary.
Beef Bucks are pre-paid checks that can be used to purchase beef or beef meals backed by one of two financial institutions: First Dakota National Bank of Yankton, SD or Wells Fargo Bank of De Smet, SD in the amounts of $5, $10, and $20. Beef Bucks have been used in more than 40 states in an assortment of establishments from fast food restaurants, steak houses, retail meat markets, grocery stores and home delivery services. Expired Beef Bucks that are unused, may be returned and replaced with a like amount. Retailers accepting the Beef Buck need only to deposit the check as they would any other check accepted in their establishment.
Beef Bucks are sold on a dollar for dollar exchange. To support the implementation of the program, the many projects Beef Bucks are involved with and the scholarship presentations, two editions of a Beef Recipe Collection have been put together for sale as well as sponsoring an annual golf tournament with producers, financial institutions and corporate entities participating.
Beef Bucks are also available on a VISA debit card. This debit card is loadable from $25 to $500 and is valid anywhere VISA is accepted. This VISA/Beef Buck card has an acquisition fee of $4 when initially loading the card and $2 fee if a re-load is desired. This debit card comes with a card and envelope for gift giving.