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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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