Dacotah Bank

Overview / Commentary

www.dacotahbank.com

605-225-5611

308 South Main Street
Aberdeen, SD 57401

Dacotah Bank is headquartered in Aberdeen and is the 6^th largest bank in the state of South Dakota. It is also the 349^th largest bank in the nation. It was established in 1955 and as of September of 2019, it had grown to 518 employees at 32 locations. Dacotah Bank's money market rates are 3X the national average, and it has an A health rating.

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Health

Data as of Q3 2019

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Health Grade Components

Overall
FDIC Certificate #	17437
Year Established	1955
Employees	518
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.19%
Return on Equity - YTD	10.34%
Annual Interest Income	$88.3MM

Assets and Liabilities
Assets	Q3 2019vs Q3 2018	$2.61B$2.47B
Loans	Q3 2019vs Q3 2018	$2.09B$2.04B
Deposits	Q3 2019vs Q3 2018	$2.25B$2.11B
Equity Capital	Q3 2019vs Q3 2018	$308.1MM$281.1MM
Loan Loss Allowance	Q3 2019vs Q3 2018	$32.4MM$30.0MM
Unbacked Noncurrent Loans	Q3 2019vs Q3 2018	$31.6MM$25.5MM
Real Estate Owned	Q3 2019vs Q3 2018	$762.00K$1.1MM

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Dacotah Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.80%^*	$10k^*	-	Funeral Trust
OTHER TIERS: 1.55% → Up to $10k
0.15%^*	$50k^*	-	Health Savings Account
OTHER TIERS: 0.04% → Up to $5k \| 0.05% → $5k - $25k \| 0.10% → $25k - $50k
0.10%	-	-	Young Dacotah

Dacotah Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.41%^*	$500k^*	-	Money Manager
OTHER TIERS: 0.65% → $50k - $250k \| 0.95% → $250k - $500k
0.50%	$10k	-	Gold Money Market
0.40%^*	$25k^*	-	Money Market
OTHER TIERS: 0.05% → $100 - $1k \| 0.10% → $1k - $10k \| 0.25% → $10k - $25k

Dacotah Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$50k^*	-	Gold Plus Checking
OTHER TIERS: 0.05% → $5k - $25k \| 0.10% → $25k - $50k
0.10%	$5k	-	Business Platinum Checking
0.10%	$5k	-	Agricultural Platinum Checking
0.05%	$500	-	Interest Checking
0.05%	$1k	-	Gold Checking

Dacotah Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.95%^*	$10k^*	-	60 Month CD
OTHER TIERS: 1.70% → $500 - $10k
1.80%^*	$10k^*	-	48 Month CD
OTHER TIERS: 1.55% → $500 - $10k
1.65%^*	$10k^*	-	36 Month CD
OTHER TIERS: 1.40% → $500 - $10k
1.55%	$500	-	10 Month CD Special
1.50%^*	$10k^*	-	24 Month CD
OTHER TIERS: 1.25% → $500 - $10k
1.35%^*	$10k^*	-	24 Month Rate Option CD
OTHER TIERS: 1.10% → $500 - $10k
1.30%^*	$10k^*	-	12 Month CD
OTHER TIERS: 1.05% → $500 - $10k
0.95%^*	$10k^*	-	6 Month CD
OTHER TIERS: 0.70% → $500 - $10k
0.75%^*	$10k^*	-	3 Month CD
OTHER TIERS: 0.50% → $500 - $10k

Dacotah Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.65%^*	$10k^*	-	36 Month Variable IRA
OTHER TIERS: 1.40% → $500 - $10k

Locations

Availability

Sioux Falls Area

Sioux Falls Area bank & credit union details

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