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 341st 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 has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #17437
Year Established1955
Employees523
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.18%
Return on Equity - YTD10.15%
Annual Interest Income$118.0MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$2.69B$2.57B
LoansQ4 2019vs Q4 2018$2.08B$2.02B
DepositsQ4 2019vs Q4 2018$2.32B$2.22B
Equity CapitalQ4 2019vs Q4 2018$315.3MM$289.2MM
Loan Loss AllowanceQ4 2019vs Q4 2018$32.5MM$30.4MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$30.3MM$17.7MM
Real Estate OwnedQ4 2019vs Q4 2018$761.00K$1.9MM
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
1.00%--Funeral Trust
0.08%*$50k*-Health Savings Account
OTHER TIERS: 0.04% Up to $5k | 0.05% $5k - $50k
0.05%--Young Dacotah

Dacotah Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$500k*-Money Manager
OTHER TIERS: 0.20% $50k - $250k | 0.25% $250k - $500k
0.20%$10k-Gold Money Market
0.10%*$25k*-Money Market
OTHER TIERS: 0.05% $100 - $25k

Dacotah Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.08%*$50k*-Gold Plus Checking
OTHER TIERS: 0.05% $5k - $50k
0.05%$1k-Gold Checking
0.05%$5k-Business Platinum Checking
0.05%$5k-Agricultural Platinum Checking
0.03%$500-Interest Checking

Dacotah Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%$500-60 Month CD
1.00%$500-48 Month CD
0.75%$500-36 Month CD
0.60%$500-24 Month CD
0.40%$500-12 Month CD
0.40%$500-24 Month Rate Option CD
0.20%$500-6 Month CD
0.10%$500-3 Month CD

Dacotah Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$500-36 Month Variable IRA
Locations

Availability



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