Sioux Falls Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.31% | 5-year CD | 5 Year Share Certificate 1.85% - Synchrony Bank 60 Month CD |
| 0.25% | 1-year CD | 1 Year Share Certificate 1.05% - Ally Bank High Yield 12-Month CD |
| 0.10% | Savings | Christmas Club Account 1.00% - Ally Bank Online 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 865th largest credit union in the nation. It was established in 1934 and as of June of 2016, it had grown to 89 employees and 27,133 members at 5 locations. Sioux Falls Federal Credit Union 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 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60 |
| Year Chartered | 1934 |
| Employees | 89 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.97% |
| Return on Equity - YTD | 9.58% |
| Annual Interest Income | $3.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $241.9MM$231.7MM |
| Loans | Q2 2016vs Q2 2015 | $119.5MM$112.5MM |
| Deposits | Q2 2016vs Q2 2015 | $214.7MM$206.3MM |
| Equity Capital | Q2 2016vs Q2 2015 | $24.6MM$22.9MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $780.00K$669.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $596.00K$624.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $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 | |
|---|---|---|---|---|---|
| 0.20%* | $100k* | - | IRA Share Savings Account | ||
| OTHER TIERS: 0.10% → Up to $50k | 0.15% → $50k - $100k | |||||
| 0.20%* | $100k* | - | Roth IRA Share Savings Account | ||
| OTHER TIERS: 0.10% → Up to $50k | 0.15% → $50k - $100k | |||||
| 0.10% | $50 | - | Regular Savings Account | ||
| 0.10% | $50 | - | Special Savings Account | ||
| 0.10% | $50 | - | Christmas Club Account | ||
| 0.10%* | $2,500* | - | Health Savings Account | ||
| OTHER TIERS: 0.05% → Up to $2,500 | |||||
Sioux Falls Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | $100k* | - | Super Share Money Market | ||
| OTHER TIERS: 0.10% → $1k - $50k | 0.15% → $50k - $100k | |||||
Sioux Falls Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.15%* | $100k* | - | Business Checking | ||
| OTHER TIERS: 0.05% → $2k - $50k | 0.10% → $50k - $100k | |||||
| 0.05% | $2k | - | Consumer Checking | ||
Sioux Falls Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.31% | $500 | - | 5 Year Share Certificate | |
| 1.11% | $500 | - | 4 Year Share Certificate | |
| 1.00% | $500 | - | 3 Year Share Certificate | |
| 0.50% | $500 | - | 2 Year Share Certificate | |
| 0.40% | $500 | - | 18 Month Share Certificate | |
| 0.35% | $10k | - | 1 Year Jumbo Share Certificate | |
| 0.25% | $500 | - | 1 Year Share Certificate | |
| 0.20% | $2,500 | - | 6 Month Share Certificate | |
| 0.15% | $2,500 | - | 3 Month Share Certificate |
Sioux Falls Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.31% | $500 | - | 5 Year IRA Share Certificate | |
| 1.11% | $500 | - | 4 Year IRA Share Certificate | |
| 1.00% | $500 | - | 3 Year IRA Share Certificate | |
| 0.50% | $500 | - | 2 Year IRA Share Certificate | |
| 0.40% | $500 | - | 18 Month IRA Share Certificate | |
| 0.35% | $10k | - | 1 Year Jumbo IRA Share Certificate | |
| 0.25% | $500 | - | 1 Year IRA Share Certificate | |
| 0.20% | $2,500 | - | 6 Month IRA Share Certificate | |
| 0.15% | $2,500 | - | 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 |