Dakotaland Federal Credit Union
Dakotaland Federal Credit Union is headquartered in Huron and is the 2nd largest credit union in the state of South Dakota. It is also the 747th largest credit union in the nation. It was established in 1935 and as of December of 2018, it had grown to 140 employees and 30,466 members at 12 locations. Dakotaland Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in Aurora, Beadle, Brookings, Brule, Buffalo, Clark, Codington, Davison, Deuel, Faulk, Grant, Hamlin, Hand, Hanson, Hyde, Hughes, Jerauld, Kingsbury, Lake, McCook, Miner, Moody, Sanborn, Spink or Sully counties. Relatives of current members are also eligible for membership.
See current membership details
Local Credit Union is Top of the Line!!
Dakotaland Federal Credit Union goes above and beyond any other financial institution that I have ever dealt with. Each and every time I call or stop in, I am greeted with a smile and a helpful hand. I use DLFC for all of my banking needs. Checking, savings, mortgage, auto loans, and personal loans. They always help with every step in anything I need to do. And are always available when I need them. My banker is always available and knows all of my accounts as if they were her own. The online banking system is very user friendly and easy to use. Transfering money between accounts and making loan payments is simple and painless. I've never had a bad experience ever!!!
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 167 |
| Year Chartered | 1935 |
| Employees | 140 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.94% |
| Return on Equity - YTD | 8.54% |
| Annual Interest Income | $12.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $338.4MM$317.1MM |
| Loans | Q4 2018vs Q4 2017 | $249.9MM$224.2MM |
| Deposits | Q4 2018vs Q4 2017 | $286.3MM$269.7MM |
| Equity Capital | Q4 2018vs Q4 2017 | $36.6MM$33.5MM |
| Secondary Capital | Q4 2018vs Q4 2017 | $400.00K |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $1.9MM$1.8MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $816.00K$1.1MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $185.00K$538.00K |
Rates for Dakotaland Federal Credit Union are currently being reviewed.
