Overview / Commentary
605-374-3380
519 Main Ave
Lemmon, SD 57638-1421

Dakota Plains Federal Credit Union is headquartered in Lemmon and is the 13th largest credit union in the state of South Dakota. It is also the 2,200th largest credit union in the nation. It was established in 1957 and as of December of 2018, it had grown to 19 employees and 4,744 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
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 Chartered1957
Employees19
Primary Regulator
Profit Margin
Return on Assets - YTD0.22%
Return on Equity - YTD2.49%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$56.5MM$58.6MM
LoansQ4 2018vs Q4 2017$47.1MM$44.3MM
DepositsQ4 2018vs Q4 2017$48.8MM$51.3MM
Equity CapitalQ4 2018vs Q4 2017$5.1MM$4.9MM
Loan Loss AllowanceQ4 2018vs Q4 2017$347.00K$294.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$0$99.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.05%--IRA Shares Account
1.04%*$101*$2.5kPee Wee Penguin Account
OTHER TIERS: 1.00% Up to $100
1.04%*$101*$2.5kCU 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$2.5k*-Share Drafts Checking Account
OTHER TIERS: 0.11% Up to $2.5k

Dakota Plains Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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 Office221 S Main StHettinger, ND 58639-7034
Branch OfficePO Box 220 120 Main StBISON, SD 57620-0220
Branch OfficePO Box 549 107 MainFAITH, SD 57626-0549
Branch Office120 W Sioux AvePierre, SD 57501-2425
Branch Office519 Main AveLemmon, SD 57638-1421

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