Dakotaland Federal Credit Union


Overview / Commentary
605-352-2845
1371 Dakota Avenue South
Huron, SD 57350

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 664th largest credit union in the nation. It was established in 1935 and as of December of 2022, it had grown to 163 employees and 36,511 members at 13 locations. Dakotaland Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership in Dakotaland Federal Credit Union is open to those who live, work, worship or attend school in the South Dakota counties of Aurora, Beadle, Brookings, Brown, Brule, Buffalo, Clark, Codington, Davison, Day, Deuel, Faulk, Grant, Hamlin, Hand, Hanson, Hyde, Hughes, Jerauld, Kingsbury, Lake, McCook, Miner, Moody, Sanborn, Spink, or Sully.
See current membership details

Reviews (1)

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!!!



Health

Health Grade Components

Overall
NCUA #167
Year Chartered1935
Employees163
Primary Regulator
Profit Margin
Return on Assets - YTD0.88%
Return on Equity - YTD9.73%
Annual Interest Income$16.1MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$585.8MM$531.2MM
LoansQ4 2022vs Q4 2021$379.1MM$297.6MM
DepositsQ4 2022vs Q4 2021$517.5MM$466.9MM
Equity CapitalQ4 2022vs Q4 2021$52.8MM$52.0MM
Loan Loss AllowanceQ4 2022vs Q4 2021$1.4MM$1.5MM
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$621.00K$391.00K
Real Estate OwnedQ4 2022vs Q4 2021$0$129.00K
Rates

Rates for Dakotaland Federal Credit Union are currently being reviewed.

Locations

Availability



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