Credit Unions Near Me
National Credit Union Service Organization

DAKOTA PLAINS FEDERAL CREDIT UNION

Mar, 31, 2022 — DAKOTA PLAINS FEDERAL CREDIT UNION is a federal credit union headquartered in LEMMON, SD with 5 branch locations and about $74.97 million in total assets. Opened 65 years ago in 1957, DAKOTA PLAINS FEDERAL CREDIT UNION has about 4,734 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DAKOTA PLAINS FEDERAL CREDIT UNION
Address:
(Main Office)
519 Main Ave
LEMMON, SD 57638-1421
Phone:(605) 374-3880
Fax:(605) 374-3181
Website:http://dakotaplainsfcu.com
Branches:5 branch locations
Members:4,734
Credit Union Type:Federal Credit Union
Charter Number:11526
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1957
Last Audited:Sep 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$74,974,825
CEO/Manager:Richard D Lynch
Chairperson:Mike Schweitzer

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,278,005
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 10,765,110
 Unsecured Loans 2,044,228
 Other Loans 27,799,144
 TOTAL LOANS 40,608,482
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -478,015
 Land And Building 1,527,370
 Other Fixed Assets 141,033
 NCUSIF Deposit 600,779
 All Other Assets 0
  TOTAL ASSETS 74,974,825
LIABILITIES & CAPITAL:  
 Dividends Payable 28,171
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,163,765
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 22,671,882
 Regular shares 24,701,750
 All Other Shares & Deposits 20,781,767
  TOTAL SHARES & DEPOSITS 68,155,399
  TOTAL LIABILITIES 69,347,335
 Regular Reserve 0
 Other Reserves 959,512
 Undivided Earnings 4,667,978
  TOTAL EQUITY 5,627,490
  TOTAL LIABILITIES, SHARES, & EQUITY 74,974,825
INCOME & EXPENSE  
 Loan Income 515,890
 Investment Income 45,077
 Other Income 111,673
 Total Employee Compensation & Benefits 361,782
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 258,298
 Non-operating Income & (Expense) 64,132
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 45,000
 Cost of Funds 66,562
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 251,243
↑ Back to Top

Other Credit Unions

UNITED METHODIST FIRST CHOICE FEDERAL CREDIT UNION
PO BOX 5540
RAPID CITY, SD 57709
MINUTEMAN FEDERAL CREDIT UNION
301 E North St
RAPID CITY, SD 57701-1458
RUSHMORE ELECTRIC FEDERAL CREDIT UNION
1715 Cambell St
RAPID CITY, SD 57701
OAHE FEDERAL CREDIT UNION
221 E Pleasant Dr
PIERRE, SD 57501-3123
DACOTAH FEDERAL CREDIT UNION
2990 E HIGHWAY 44
RAPID CITY, SD 57703
DAKOTA STAR FEDERAL CREDIT UNION
3122 W SAINT LOUIS ST
RAPID CITY, SD 57702-2354
LAKOTA FEDERAL CREDIT UNION
1 Main BIA 2
KYLE, SD 57752
HEALTHCARE PLUS FEDERAL CREDIT UNION
203 S Dakota St
ABERDEEN, SD 57401
SENTINEL FEDERAL CREDIT UNION
2723 LeMay Blvd
ELLSWORTH AFB, SD 57706
NORTHERN HILLS FEDERAL CREDIT UNION
1080 MAIN ST
STURGIS, SD 57785