Mar, 31, 2021 — DACOTAH FEDERAL CREDIT UNION is a federal credit union headquartered in Rapid City, SD with 1 branch location and about $11.69 million in total assets. Opened 71 years ago in 1950, DACOTAH FEDERAL CREDIT UNION has about 994 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 57702 |
| Phone: | (605) 791-1424 |
| Fax: | (605) 348-2986 |
| Website: | http://www.dacotahfcu.com |
| Branches: | 1 branch locations |
| Members: | 994 |
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $11,694,091 |
| CEO/Manager: | Teresa Peregrine |
| Chairperson: | Ryan Lawler |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,167,194 |
| TOTAL INVESTMENTS | 1,720,000 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 774,527 |
| Unsecured Loans | 1,078,290 |
| Other Loans | 3,620,724 |
| TOTAL LOANS | 5,473,541 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,954 |
| Land And Building | 1,135,988 |
| Other Fixed Assets | 34,986 |
| NCUSIF Deposit | 85,050 |
| All Other Assets | 95,286 |
| TOTAL ASSETS | 11,694,091 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6,386 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,560,568 |
| Regular shares | 6,395,729 |
| All Other Shares & Deposits | 1,842,751 |
| TOTAL SHARES & DEPOSITS | 10,799,048 |
| TOTAL LIABILITIES | 10,805,434 |
| Regular Reserve | 245,865 |
| Other Reserves | 0 |
| Undivided Earnings | 642,792 |
| TOTAL EQUITY | 888,657 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 11,694,091 |
| INCOME & EXPENSE | |
| Loan Income | 106,478 |
| Investment Income | 1,382 |
| Other Income | 14,496 |
| Total Employee Compensation & Benefits | 40,572 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 60,222 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,100 |
| Cost of Funds | 6,932 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 35,488 |
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