Dacotah Bank


Overview / Commentary
605-225-5611
308 South Main Street
Aberdeen, SD 57401

Dacotah Bank is headquartered in Aberdeen and is the 5th largest bank in the state of South Dakota. It is also the 331st largest bank in the nation. It was established in 1955 and as of June of 2022, it had grown to 571 employees at 32 locations. Dacotah Bank's money market rates are 9X the national average, and it has an A health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
FDIC Certificate #17437
Year Established1955
Employees571
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.1%
Return on Equity - YTD11.07%
Annual Interest Income$56.5MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$3.59B$3.28B
LoansQ2 2022vs Q2 2021$2.43B$2.29B
DepositsQ2 2022vs Q2 2021$3.22B$2.88B
Equity CapitalQ2 2022vs Q2 2021$340.3MM$352.9MM
Loan Loss AllowanceQ2 2022vs Q2 2021$36.9MM$38.3MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$11.9MM$21.7MM
Real Estate OwnedQ2 2022vs Q2 2021$305.00K$170.00K
Rates
Report an Issue

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
3.82%*$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
0.28%$5k-Business Platinum Checking
0.28%$5k-Agricultural Platinum Checking
0.20%$1k-Gold Checking
0.18%$500-Interest Checking

Dacotah Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.16%$5k-11 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



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.