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Dacotah Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.dacotahbank.com
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 299th largest bank in the nation. It was established in 1955 and as of March of 2025, it had grown to 585 employees at 34 locations. Dacotah Bank has an A health rating.

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Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #17437
Year Established1955
Employees585
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.14%
Return on Equity - YTD12.52%
Annual Interest Income$60.9MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$4.6B$4.17B
LoansQ1 2025vs Q1 2024$3.58B$3.15B
DepositsQ1 2025vs Q1 2024$4.14B$3.75B
Equity CapitalQ1 2025vs Q1 2024$421.5MM$374.6MM
Loan Loss AllowanceQ1 2025vs Q1 2024$39.3MM$38.4MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$37.4MM$5.9MM
Real Estate OwnedQ1 2025vs Q1 2024$0$113K
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates

Rates for Dacotah Bank are currently being reviewed.

Locations

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