Dacotah Bank


Overview / Commentary
605-225-5611
308 South Main Street
Aberdeen, SD 57401

Dacotah Bank is headquartered in Aberdeen and is the 6th largest bank in the state of South Dakota. It is also the 347th largest bank in the nation. It was established in 1955 and as of June of 2021, it had grown to 550 employees at 32 locations. Dacotah Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #17437
Year Established1955
Employees550
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.12%
Return on Equity - YTD10.4%
Annual Interest Income$53.8MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$3.28B$2.93B
LoansQ2 2021vs Q2 2020$2.29B$2.33B
DepositsQ2 2021vs Q2 2020$2.88B$2.55B
Equity CapitalQ2 2021vs Q2 2020$352.9MM$333.6MM
Loan Loss AllowanceQ2 2021vs Q2 2020$38.3MM$33.1MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$21.7MM$36.1MM
Real Estate OwnedQ2 2021vs Q2 2020$170.00K$3.4MM
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%--Funeral Trust
0.03%*$5k*-Health Savings Account
OTHER TIERS: 0.02% Up to $5k
0.03%--Young Dacotah

Dacotah Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$500k*-Money Manager
OTHER TIERS: 0.06% $50k - $250k | 0.08% $250k - $500k
0.05%$10k-Gold Money Market
0.03%$100-Money Market

Dacotah Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%$1k-Gold Checking
0.03%$5k-Gold Plus Checking
0.03%$5k-Business Platinum Checking
0.03%$5k-Agricultural Platinum Checking
0.01%$500-Interest Checking

Dacotah Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$500-60 Month CD
0.55%$500-48 Month CD
0.35%$500-36 Month CD
0.20%$500-24 Month CD
0.20%$500-24 Month Rate Option CD
0.10%$500-12 Month CD
0.05%$500-3 Month CD
0.05%$500-6 Month CD

Dacotah Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%$500-36 Month Variable IRA
Locations

Availability



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