Sioux Falls Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.02% | 5-year CD | 5 Year Share Certificate |
| 1.00% | 1-year CD | 1 Year Share Certificate 2.45% - Synchrony Bank 12 Month CD |
| 0.10% | Savings | Special Savings Account |
Sioux Falls Federal Credit Union is headquartered in Sioux Falls and is the 3rd largest credit union in the state of South Dakota. It is also the 850th largest credit union in the nation. It was established in 1934 and as of June of 2018, it had grown to 104 employees and 28,824 members at 5 locations. Sioux Falls Federal Credit Union's money market rates are 70% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to anyone who lives, works, worships or attends school in Minnehaha, Lincoln, McCook or Turner Counties of South Dakota and to immediate family of existing members.
See current membership details
Petty Issues, No Value For Their Customers
I have a loan with them and I sent the monthly payment of 175.50. I got a late charge for $10.10 days later. I have never missed a payment. I checked and the check had cleared the bank. When I called them, I was told by the customer service rep that the payment was supposed to be 175.60, I had been ten cents short. She asked if I wanted to drive across town to make the payment of ten cents and then she would remove the $10 charge! DON"T GO TO THEM FOR A LOAN. How sad, I asked if she wanted my credit card to charge the .10 on, she did not want to do that though.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60 |
| Year Chartered | 1934 |
| Employees | 104 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.92% |
| Return on Equity - YTD | 8.84% |
| Annual Interest Income | $4.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $278.8MM$265.5MM |
| Loans | Q2 2018vs Q2 2017 | $155.5MM$133.1MM |
| Deposits | Q2 2018vs Q2 2017 | $246.9MM$235.9MM |
| Equity Capital | Q2 2018vs Q2 2017 | $28.8MM$27.2MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $896.00K$852.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $543.00K$620.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Sioux Falls 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.
Sioux Falls Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.75%* | $100k* | - | IRA Share Savings Account | ||
| OTHER TIERS: 0.10% → Up to $2.5k | 0.15% → $2.5k - $10k | 0.20% → $10k - $25k | 0.40% → $25k - $50k | 0.50% → $50k - $100k | |||||
| 0.10% | $50 | - | Regular Savings Account | ||
| 0.10% | $50 | - | Special Savings Account | ||
| 0.10% | $50 | - | Christmas Club Account | ||
| 0.10%* | $2.5k* | - | Health Savings Account | ||
| OTHER TIERS: 0.05% → Up to $2.5k | |||||
| 0.10% | $50 | - | Business Regular Savings Account | ||
| 0.10% | $50 | - | Business Special Savings Account | ||
Sioux Falls Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.75%* | $100k* | - | Super Share Money Market | ||
| OTHER TIERS: 0.10% → $1k - $2.5k | 0.15% → $2.5k - $10k | 0.20% → $10k - $25k | 0.40% → $25k - $50k | 0.50% → $50k - $100k | |||||
| 0.75%* | $100k* | - | Business Super Share Money Market | ||
| OTHER TIERS: 0.10% → $1k - $2.5k | 0.15% → $2.5k - $10k | 0.20% → $10k - $25k | 0.40% → $25k - $50k | 0.50% → $50k - $100k | |||||
Sioux Falls Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | $100k* | - | Business Checking | ||
| OTHER TIERS: 0.05% → $2k - $25k | 0.10% → $25k - $50k | 0.15% → $50k - $100k | |||||
| 0.05% | $2k | - | Consumer Checking | ||
Sioux Falls Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.02% | $500 | - | 5 Year Share Certificate | |
| 2.02% | $500 | - | Business 5 Year Share Certificate | |
| 1.76% | $500 | - | 4 Year Share Certificate | |
| 1.76% | $500 | - | Business 4 Year Share Certificate | |
| 1.36% | $500 | - | 3 Year Share Certificate | |
| 1.36% | $500 | - | Business 3 Year Share Certificate | |
| 1.26% | $500 | - | 2 Year Share Certificate | |
| 1.26% | $500 | - | Business 2 Year Share Certificate | |
| 1.16% | $500 | - | 18 Month Share Certificate | |
| 1.16% | $500 | - | Business 18 Month Share Certificate | |
| 1.00% | $500 | - | 1 Year Share Certificate | |
| 1.00% | $500 | - | Business 1 Year Share Certificate | |
| 0.75% | $2.5k | - | 6 Month Share Certificate | |
| 0.75% | $2.5k | - | Business 6 Month Share Certificate | |
| 0.60% | $2.5k | - | 3 Month Share Certificate | |
| 0.60% | $2.5k | - | Business 3 Month Share Certificate |
Sioux Falls Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.02% | $500 | - | 5 Year IRA Share Certificate | |
| 1.76% | $500 | - | 4 Year IRA Share Certificate | |
| 1.36% | $500 | - | 3 Year IRA Share Certificate | |
| 1.26% | $500 | - | 2 Year IRA Share Certificate | |
| 1.16% | $500 | - | 18 Month IRA Share Certificate | |
| 1.00% | $500 | - | 1 Year IRA Share Certificate | |
| 0.75% | $2.5k | - | 6 Month IRA Share Certificate | |
| 0.60% | $2.5k | - | 3 Month IRA Share Certificate |
| Sioux Falls Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 700 E 14th St | Sioux Falls, SD 57104-5144 |
| Branch Office | 2517 S Louise Ave | Sioux Falls, SD 57106-4325 |
| Branch Office | 5700 E Arrowhead Pl | Sioux Falls, SD 57110-7008 |
| Branch Office | 3405 S Cliff Ave | Sioux Falls, SD 57105 |
| Branch Office | 1701 N Minnesota Ave | Sioux Falls, SD 57104-0306 |