Dacotah Bank

Overview / Commentary

www.dacotahbank.com

605-225-5611

308 South Main Street
Aberdeen, SD 57401

Dacotah Bank is headquartered in Aberdeen and is the 6^th largest bank in the state of South Dakota. It is also the 351^st largest bank in the nation. It was established in 1955 and as of March of 2019, it had grown to 511 employees at 32 locations. Dacotah Bank's money market rates are 4X the national average, and it has an A health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q1 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	17437
Year Established	1955
Employees	511
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.02%
Return on Equity - YTD	9.01%
Annual Interest Income	$28.6MM

Assets and Liabilities
Assets	Q1 2019vs Q1 2018	$2.59B$2.41B
Loans	Q1 2019vs Q1 2018	$2.03B$1.94B
Deposits	Q1 2019vs Q1 2018	$2.23B$2.08B
Equity Capital	Q1 2019vs Q1 2018	$293.2MM$268.5MM
Loan Loss Allowance	Q1 2019vs Q1 2018	$31.0MM$31.3MM
Unbacked Noncurrent Loans	Q1 2019vs Q1 2018	$28.5MM$21.9MM
Real Estate Owned	Q1 2019vs Q1 2018	$1.3MM$651.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Dacotah Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Dacotah Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.05%^*	$10k^*	-	Funeral Trust
OTHER TIERS: 1.80% → Up to $10k
0.31%^*	$50k^*	-	Health Savings Account
OTHER TIERS: 0.10% → Up to $5k \| 0.19% → $5k - $25k \| 0.22% → $25k - $50k
0.24%	-	-	Young Dacotah

Dacotah Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.92%^*	$500k^*	-	Money Manager
OTHER TIERS: 0.85% → $50k - $250k \| 1.31% → $250k - $500k
0.70%	$10k	-	Gold Money Market
0.60%^*	$25k^*	-	Money Market
OTHER TIERS: 0.14% → $100 - $1k \| 0.24% → $1k - $10k \| 0.40% → $10k - $25k

Dacotah Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.31%^*	$50k^*	-	Gold Plus Checking
OTHER TIERS: 0.19% → $5k - $25k \| 0.22% → $25k - $50k
0.21%	$5k	-	Business Platinum Checking
0.21%	$5k	-	Agricultural Platinum Checking
0.16%	$1k	-	Gold Checking
0.13%	$500	-	Interest Checking

Dacotah Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.40%^*	$10k^*	-	60 Month CD
OTHER TIERS: 2.15% → $500 - $10k
2.10%	$500	-	13 Month CD Special
2.05%^*	$10k^*	-	48 Month CD
OTHER TIERS: 1.80% → $500 - $10k
1.90%^*	$10k^*	-	36 Month CD
OTHER TIERS: 1.65% → $500 - $10k
1.75%^*	$10k^*	-	24 Month CD
OTHER TIERS: 1.50% → $500 - $10k
1.60%^*	$10k^*	-	24 Month Rate Option CD
OTHER TIERS: 1.35% → $500 - $10k
1.55%^*	$10k^*	-	12 Month CD
OTHER TIERS: 1.30% → $500 - $10k
1.20%^*	$10k^*	-	6 Month CD
OTHER TIERS: 0.95% → $500 - $10k
1.00%^*	$10k^*	-	3 Month CD
OTHER TIERS: 0.75% → $500 - $10k

Dacotah Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.90%^*	$10k^*	-	36 Month Variable IRA
OTHER TIERS: 1.65% → $500 - $10k

Locations

Availability

Sioux Falls Area

Sioux Falls Area bank & credit union details

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.