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LAKOTA FEDERAL CREDIT UNION

Sep, 30, 2025 — LAKOTA FEDERAL CREDIT UNION is a federal credit union headquartered in KYLE, SD with 1 branch location and about $18.96 million in total assets. Opened 14 years ago in 2012, LAKOTA FEDERAL CREDIT UNION has about 4,152 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LAKOTA FEDERAL CREDIT UNION
Address:
(Main Office)
507 Main Street
KYLE, SD 57752
Phone:(605) 455-1515
Fax:(605) 455-1514
Website:https://www.lakotafcu.org
Branches:1 branch locations
Members:4,152
Credit Union Type:Federal Credit Union
Charter Number:24847
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:2012
Last Audited:Jun 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$18,962,630
CEO/Manager:Shayna Ferguson
Chairperson:Tawney Brunsch

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 11,077,639
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,720,167
 Unsecured Loans 1,336,832
 Other Loans 3,553,621
 TOTAL LOANS 7,875,279
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -325,194
 Land And Building 0
 Other Fixed Assets 169,762
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 72,954
 All Other Assets 0
  TOTAL ASSETS 18,962,630
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,975,026
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 452,279
 Regular shares 1,685,895
 All Other Shares & Deposits 8,519,201
  TOTAL SHARES & DEPOSITS 10,657,375
  TOTAL LIABILITIES 14,417,551
 Regular Reserve 0
 Other Reserves 737,851
 Undivided Earnings 3,807,228
  TOTAL EQUITY 4,545,079
  TOTAL LIABILITIES, SHARES, & EQUITY 18,962,630
INCOME & EXPENSE  
 Loan Income 479,920
 Investment Income 129,287
 Other Income 105,115
 Total Employee Compensation & Benefits 406,881
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 1,658,521
 Non-operating Income & (Expense) 2,156,190
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 147,332
 Cost of Funds 169,973
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 611,482
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