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 349th largest bank in the nation. It was established in 1955 and as of June of 2020, it had grown to 531 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
Employees531
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.31%
Return on Equity - YTD11.27%
Annual Interest Income$63.1MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$2.93B$2.57B
LoansQ2 2020vs Q2 2019$2.33B$2.08B
DepositsQ2 2020vs Q2 2019$2.55B$2.21B
Equity CapitalQ2 2020vs Q2 2019$333.6MM$302.2MM
Loan Loss AllowanceQ2 2020vs Q2 2019$33.1MM$31.7MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$36.1MM$33.0MM
Real Estate OwnedQ2 2020vs Q2 2019$3.4MM$734.00K
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
0.65%--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
0.20%*$500k*-Money Manager
OTHER TIERS: 0.10% $50k - $250k | 0.15% $250k - $500k
0.08%$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
0.75%$500-60 Month CD
0.65%$500-48 Month CD
0.45%$500-36 Month CD
0.30%$500-24 Month CD
0.20%$500-24 Month Rate Option CD
0.10%$500-3 Month CD
0.10%$500-6 Month CD
0.10%$500-12 Month CD

Dacotah Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%$500-36 Month Variable IRA
Locations

Availability



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