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DACOTAH FEDERAL CREDIT UNION

Mar, 31, 2022 — DACOTAH FEDERAL CREDIT UNION is a federal credit union headquartered in RAPID CITY, SD with 1 branch location and about $11.92 million in total assets. Opened 72 years ago in 1950, DACOTAH FEDERAL CREDIT UNION has about 962 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:http://www.dacotahfcu.com
Branches:1 branch locations
Members:962
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:$11,917,066
CEO/Manager:Teresa Peregrine
Chairperson:Kimberly L Miles

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,439,574
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 760,036
 Unsecured Loans 1,099,294
 Other Loans 3,807,923
 TOTAL LOANS 5,667,253
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -22,832
 Land And Building 1,110,169
 Other Fixed Assets 34,687
 NCUSIF Deposit 100,271
 All Other Assets 683
  TOTAL ASSETS 11,917,066
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,644
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,381,807
 Regular shares 6,986,779
 All Other Shares & Deposits 1,596,464
  TOTAL SHARES & DEPOSITS 10,965,050
  TOTAL LIABILITIES 10,969,694
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 947,372
  TOTAL EQUITY 947,372
  TOTAL LIABILITIES, SHARES, & EQUITY 11,917,066
INCOME & EXPENSE  
 Loan Income 98,829
 Investment Income 4,195
 Other Income 12,749
 Total Employee Compensation & Benefits 47,324
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 58,498
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,539
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 25,172
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