Dacotah Bank


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

Dacotah Bank is headquartered in Aberdeen and is the 7th largest bank in the state of South Dakota. It is also the 352nd largest bank in the nation. It was established in 1955 and as of September of 2021, it had grown to 553 employees at 32 locations. Dacotah Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #17437
Year Established1955
Employees553
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.23%
Return on Equity - YTD11.45%
Annual Interest Income$90.9MM
Assets and Liabilities
AssetsQ3 2021vs Q3 2020$3.30B$3.01B
LoansQ3 2021vs Q3 2020$2.29B$2.31B
DepositsQ3 2021vs Q3 2020$2.90B$2.63B
Equity CapitalQ3 2021vs Q3 2020$357.9MM$336.8MM
Loan Loss AllowanceQ3 2021vs Q3 2020$38.7MM$34.0MM
Unbacked Noncurrent LoansQ3 2021vs Q3 2020$17.0MM$31.7MM
Real Estate OwnedQ3 2021vs Q3 2020$122.00K$2.2MM
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
0.55%--Funeral Trust
0.03%*$5k*-Health Savings Account
OTHER TIERS: 0.02% Up to $5k
0.03%--Young Dacotah

Dacotah Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW 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

Dacotah Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW 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

Dacotah Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$500-60 Month CD
0.55%$500-48 Month CD
0.35%$500-36 Month CD
0.20%$500-24 Month CD
0.20%$500-24 Month Rate Option CD
0.10%$500-12 Month CD
0.05%$500-3 Month CD
0.05%$500-6 Month CD

Dacotah Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%$500-36 Month Variable IRA
Locations

Availability



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