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DAKOTA STAR FEDERAL CREDIT UNION

Sep, 30, 2025 — DAKOTA STAR FEDERAL CREDIT UNION is a federal credit union headquartered in RAPID CITY, SD with 2 branch locations and about $41.99 million in total assets. Opened 74 years ago in 1952, DAKOTA STAR FEDERAL CREDIT UNION has about 2,991 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DAKOTA STAR FEDERAL CREDIT UNION
Address:
(Main Office)
3122 W SAINT LOUIS ST
RAPID CITY, SD 57702-2354
Phone:(605) 342-6442
Fax:(605) 342-3301
Website:https://www.dakotastar.org
Branches:2 branch locations
Members:2,991
Credit Union Type:Federal Credit Union
Charter Number:8039
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1952
Last Audited:Apr 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$41,987,067
CEO/Manager:Christopher P Kinder
Chairperson:Carrie Ohman

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,537,350
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 9,732,331
 Unsecured Loans 1,224,534
 Other Loans 16,120,209
 TOTAL LOANS 27,077,073
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -166,872
 Land And Building 1,901,455
 Other Fixed Assets 187,933
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 299,372
 All Other Assets 0
  TOTAL ASSETS 41,987,067
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 742,015
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 10,056,859
 Regular shares 7,801,846
 All Other Shares & Deposits 19,760,904
  TOTAL SHARES & DEPOSITS 37,619,609
  TOTAL LIABILITIES 38,362,072
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,624,995
  TOTAL EQUITY 3,624,995
  TOTAL LIABILITIES, SHARES, & EQUITY 41,987,067
INCOME & EXPENSE  
 Loan Income 1,305,046
 Investment Income 274,952
 Other Income 298,990
 Total Employee Compensation & Benefits 593,767
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 689,010
 Non-operating Income & (Expense) 200
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 18,000
 Cost of Funds 226,464
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 351,947
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