Dacotah Bank is headquartered in Aberdeen and is the 7th largest bank in the state of South Dakota. It is also the 350th largest bank in the nation. It was established in 1955 and as of December of 2020, it had grown to 544 employees at 34 locations. Dacotah Bank has an A health rating.
Overall | |
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FDIC Certificate # | 17437 |
Year Established | 1955 |
Employees | 544 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.03% |
Return on Equity - YTD | 9.03% |
Annual Interest Income | $118.6MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2020vs Q4 2019 | $3.09B$2.69B |
Loans | Q4 2020vs Q4 2019 | $2.26B$2.08B |
Deposits | Q4 2020vs Q4 2019 | $2.70B$2.32B |
Equity Capital | Q4 2020vs Q4 2019 | $340.4MM$315.3MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $39.0MM$32.5MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $28.5MM$30.3MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $1.4MM$761.00K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.55% | - | - | Funeral Trust | ||
0.03%* | $5k* | - | Health Savings Account | ||
OTHER TIERS: 0.02% → Up to $5k | |||||
0.03% | - | - | Young Dacotah |
APY | MIN | MAX | ACCOUNT NAME | VIEW 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 |
APY | MIN | MAX | ACCOUNT NAME | VIEW 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 |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.35% | $500 | - | 36 Month Variable IRA |