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DACOTAH FEDERAL CREDIT UNION

Jun, 30, 2024 — DACOTAH FEDERAL CREDIT UNION is a federal credit union headquartered in RAPID CITY, SD with 1 branch location and about $12.05 million in total assets. Opened 75 years ago in 1950, DACOTAH FEDERAL CREDIT UNION has about 932 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DACOTAH FEDERAL CREDIT UNION
Address:
(Main Office)
2990 E HIGHWAY 44
RAPID CITY, SD 57703
Phone:(605) 791-1424
Fax:(605) 348-2986
Website:https://www.dacotahfcu.com
Branches:1 branch locations
Members:932
Credit Union Type:Federal Credit Union
Charter Number:7021
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1950
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$12,052,251
CEO/Manager:Teresa Peregrine
Chairperson:Dawn Barney

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 995,828
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 835,293
 Unsecured Loans 1,185,009
 Other Loans 4,046,499
 TOTAL LOANS 6,066,801
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -25,392
 Land And Building 1,097,259
 Other Fixed Assets 33,906
 NCUSIF Deposit 111,251
 All Other Assets 683
  TOTAL ASSETS 12,052,251
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,502
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,674,199
 Regular shares 6,907,362
 All Other Shares & Deposits 1,514,926
  TOTAL SHARES & DEPOSITS 11,096,487
  TOTAL LIABILITIES 11,110,989
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 941,262
  TOTAL EQUITY 941,262
  TOTAL LIABILITIES, SHARES, & EQUITY 12,052,251
INCOME & EXPENSE  
 Loan Income 314,786
 Investment Income 16,120
 Other Income 36,634
 Total Employee Compensation & Benefits 170,770
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 189,748
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 10,002
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 19,062
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