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 322nd largest bank in the nation. It was established in 1955 and as of September of 2023, it had grown to 617 employees at 35 locations. Dacotah Bank's money market rates are 9X the national average, and it has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #17437
Year Established1955
Employees617
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD7.16%
Annual Interest Income$123.4MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$3.93B$3.52B
LoansQ3 2023vs Q3 2022$2.99B$2.49B
DepositsQ3 2023vs Q3 2022$3.53B$3.16B
Equity CapitalQ3 2023vs Q3 2022$351MM$326.5MM
Loan Loss AllowanceQ3 2023vs Q3 2022$37.8MM$36.7MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$6.1MM$10.3MM
Real Estate OwnedQ3 2023vs Q3 2022$113K$540K
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
1.75%--Funeral Trust
0.55%--Young Dacotah
0.35%*$50k*-Health Savings Account
OTHER TIERS: 0.15% Up to $5k | 0.28% $5k - $25k | 0.30% $25k - $50k

Dacotah Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.92%*$1m*-Money Manager
OTHER TIERS: 1.51% $50k - $250k | 1.71% $250k - $500k | 3.04% $500k - $1m
1.51%$10k-Gold Money Market
0.65%*$25k*-Money Market
OTHER TIERS: 0.30% $100 - $1k | 0.55% $1k - $10k | 0.60% $10k - $25k

Dacotah Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$50k*-Gold Plus Checking
OTHER TIERS: 0.28% $5k - $25k | 0.30% $25k - $50k
0.35%$5k-Business Platinum Checking
0.35%$5k-Agricultural Platinum Checking
0.20%$1k-Gold Checking
0.18%$500-Interest Checking

Dacotah Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.92%$5k-5 Month CD Special
3.50%$5k-20 Month CD Special
1.75%$500-24 Month CD
1.75%$500-36 Month CD
1.75%$500-48 Month CD
1.75%$500-60 Month CD
1.70%$500-12 Month CD
1.65%$500-24 Month Rate Option CD
0.90%$500-6 Month CD
0.70%$500-3 Month CD

Dacotah Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%$500-36 Month Variable IRA
Locations

Availability



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