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Dakota Telco Credit Union

Dakota Telco Credit Union
Overview / Commentary
125 8th St N
Fargo, ND 58102

Dakota Telco Credit Union is headquartered in Fargo and is the 24th largest credit union in the state of North Dakota. It is also the 3,398th largest credit union in the nation. It was established in 1936 and as of March of 2014, it had grown to 1 employees and 924 members. Dakota Telco Credit Union has a B+ health rating.

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Dakota Telco Credit Union has a low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Dakota Telco Credit Union had $0 in non-current loans and owned real-estate with $2.39 million in equity and loan loss allowances on hand to cover it. This gives Dakota Telco Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth


In the past year, Dakota Telco Credit Union has increased its total deposits by $924,000, resulting in 4.89% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Dakota Telco Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Dakota Telco Credit Union has $22.19 million in assets with $2.39 million in equity, resulting in a capitalization level of 10.79%, which is above average.

Institution Statistics

NCUA #1862
Year Chartered1936
Primary Regulator
Assets and Liabilities
Assets$22.19 million
Loans$1.20 million
Deposits$19.80 million
Equity Capital$2.39 million
Loan Loss Allowance$8,000
Real Estate Owned$0
Historic Data - March 2013
Assets$21.24 million
Equity Capital$2.37 million
Loan Loss Allowance$8,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin0.85%
Return on Assets0.04%
Return on Equity0.34%
Interest Income$62,000

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Dakota Telco Credit Union Locations
Branch Office125 8th St NFargo, ND 58102