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 341^st largest bank in the nation. It was established in 1955 and as of December of 2019, it had grown to 523 employees at 32 locations. Dacotah Bank's money market rates are 3X the national average, and it has an A health rating.

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Health

Data as of Q4 2019

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Health Grade Components

Overall
FDIC Certificate #	17437
Year Established	1955
Employees	523
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.18%
Return on Equity - YTD	10.15%
Annual Interest Income	$118.0MM

Assets and Liabilities
Assets	Q4 2019vs Q4 2018	$2.69B$2.57B
Loans	Q4 2019vs Q4 2018	$2.08B$2.02B
Deposits	Q4 2019vs Q4 2018	$2.32B$2.22B
Equity Capital	Q4 2019vs Q4 2018	$315.3MM$289.2MM
Loan Loss Allowance	Q4 2019vs Q4 2018	$32.5MM$30.4MM
Unbacked Noncurrent Loans	Q4 2019vs Q4 2018	$30.3MM$17.7MM
Real Estate Owned	Q4 2019vs Q4 2018	$761.00K$1.9MM

Rates

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Savings
Money Market
Checking
CD
IRA

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* 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
1.80%^*	$10k^*	-	Funeral Trust
OTHER TIERS: 1.55% → Up to $10k
0.15%^*	$50k^*	-	Health Savings Account
OTHER TIERS: 0.04% → Up to $5k \| 0.05% → $5k - $25k \| 0.10% → $25k - $50k
0.10%	-	-	Young Dacotah

Dacotah Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.41%^*	$500k^*	-	Money Manager
OTHER TIERS: 0.65% → $50k - $250k \| 0.95% → $250k - $500k
0.50%	$10k	-	Gold Money Market
0.40%^*	$25k^*	-	Money Market
OTHER TIERS: 0.05% → $100 - $1k \| 0.10% → $1k - $10k \| 0.25% → $10k - $25k

Dacotah Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$50k^*	-	Gold Plus Checking
OTHER TIERS: 0.05% → $5k - $25k \| 0.10% → $25k - $50k
0.10%	$5k	-	Business Platinum Checking
0.10%	$5k	-	Agricultural Platinum Checking
0.05%	$500	-	Interest Checking
0.05%	$1k	-	Gold Checking

Dacotah Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.95%^*	$10k^*	-	60 Month CD
OTHER TIERS: 1.70% → $500 - $10k
1.80%^*	$10k^*	-	48 Month CD
OTHER TIERS: 1.55% → $500 - $10k
1.65%^*	$10k^*	-	36 Month CD
OTHER TIERS: 1.40% → $500 - $10k
1.55%	$500	-	10 Month CD Special
1.50%^*	$10k^*	-	24 Month CD
OTHER TIERS: 1.25% → $500 - $10k
1.35%^*	$10k^*	-	24 Month Rate Option CD
OTHER TIERS: 1.10% → $500 - $10k
1.30%^*	$10k^*	-	12 Month CD
OTHER TIERS: 1.05% → $500 - $10k
0.95%^*	$10k^*	-	6 Month CD
OTHER TIERS: 0.70% → $500 - $10k
0.75%^*	$10k^*	-	3 Month CD
OTHER TIERS: 0.50% → $500 - $10k

Dacotah Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.65%^*	$10k^*	-	36 Month Variable IRA
OTHER TIERS: 1.40% → $500 - $10k

Locations

Availability

Sioux Falls Area

Sioux Falls Area bank & credit union details

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