Dakota Plains Federal Credit Union

Overview / Commentary

605-374-3380

519 Main Ave
Lemmon, SD 57638-1421

Dakota Plains Federal Credit Union is headquartered in Lemmon and is the 13^th largest credit union in the state of South Dakota. It is also the 2,247^th largest credit union in the nation. It was established in 1957 and as of March of 2019, it had grown to 17 employees and 4,783 members at 5 locations. Dakota Plains Federal Credit Union's CD rates are 73% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Hughes, Buffalo, Hyde, Lyman, Stanley or Sully County or the underserved areas of Butte, Corson, Dewey, Haakon, Harding, Jones, Meade, Perkins or Ziebach County in South Dakota or Adams, Bowman, Grant, Hettinger or Sioux County in North Dakota.
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Health

Data as of Q1 2019

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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Dakota Plains Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	11526
Year Chartered	1957
Employees	17
Primary Regulator

Profit Margin
Return on Assets - YTD	-0.69%
Return on Equity - YTD	-7.83%
Annual Interest Income	$618.00K

Assets and Liabilities
Assets	Q1 2019vs Q1 2018	$55.4MM$58.2MM
Loans	Q1 2019vs Q1 2018	$48.1MM$44.7MM
Deposits	Q1 2019vs Q1 2018	$47.7MM$50.9MM
Equity Capital	Q1 2019vs Q1 2018	$5.0MM$4.9MM
Loan Loss Allowance	Q1 2019vs Q1 2018	$490.00K$352.00K
Unbacked Noncurrent Loans	Q1 2019vs Q1 2018	$166.00K$661.00K
Real Estate Owned	Q1 2019vs Q1 2018	$0$0

Rates

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Savings
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not Dakota Plains Federal Credit Union; 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.

Dakota Plains Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.05%	-	-	IRA Shares Account
1.04%^*	$101^*	$2.5k	Pee Wee Penguin Account
OTHER TIERS: 1.00% → Up to $100
1.04%^*	$101^*	$2.5k	CU Succeed Account
OTHER TIERS: 1.00% → Up to $100
0.10%^*	$2.5k^*	-	Regular Shares Account
OTHER TIERS: 0.04% → $101 - $2.5k

Dakota Plains Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%^*	$2.5k^*	-	Share Drafts Checking Account
OTHER TIERS: 0.11% → Up to $2.5k

Dakota Plains Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.32%	$100	-	5 Year Share Certificate
2.07%	$100	-	4 Year Share Certificate
1.97%	$100	-	3 Year Share Certificate
1.86%	$100	-	2 Year Share Certificate
1.56%	$100	-	1 Year Share Certificate
0.95%	$250	-	6 Month Share Certificate
0.60%	$250	-	3 Month Share Certificate

Dakota Plains Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.32%	$100	-	5 Year IRA Certificate
2.07%	$100	-	4 Year IRA Certificate
1.97%	$100	-	3 Year IRA Certificate
1.86%	$100	-	2 Year IRA Certificate
1.56%	$100	-	1 Year IRA Certificate
0.95%	$250	-	6 Month IRA Certificate
0.60%	$250	-	3 Month IRA Certificate

Locations

Dakota Plains Federal Credit Union Locations
Branch Office	221 S Main St	Hettinger, ND 58639-7034
Branch Office	PO Box 220 120 Main St	BISON, SD 57620-0220
Branch Office	PO Box 549 107 Main	FAITH, SD 57626-0549
Branch Office	120 W Sioux Ave	Pierre, SD 57501-2425
Branch Office	519 Main Ave	Lemmon, SD 57638-1421

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