Always Here for You
Dakotaland is a Credit Union. A not-for-profit financial cooperative owned and operated by you. There are no stockholders, partners or outside owners. We are a full-service institution and take pride in serving you, our members, day in and day out for all of your financial needs.
People Helping People
Dakotaland is a Credit Union, a not-for-profit financial cooperative owned by and operated by you. There are no stockholders, partners or outside owners.
We are governed by a seven-member Board of Directors. The Directors are Dakotaland members who are unpaid volunteers elected by the membership. These dedicated individuals set the direction of the credit union and set policies the credit union's management and staff follow in achieving our Vision and Mission and they serve three-year terms. Dakotaland also has a volunteer Supervisory Committee whose primary responsibility is to ensure that the Credit Union's financial position is both safe & sound.
Board elections are held every year during the Dakotaland Federal Credit Union Annual Meeting. Each member receives one vote, regardless of their account balance, as long as $5.00 is maintained as a minimum balance in the primary savings account. This democratic form of organization ensures the institution remains responsive to the needs of our members/owners.
Unlike banks, a credit union has no stockholders. The members who use our services are our number one priority. All credit union earnings return to members as dividends on their savings accounts, competitive loan interest rates, cost of member service or contribute to reserves.
Each member's savings is insured to $250,000 by the National Credit Union Administration (NCUA), a U.S. Government Agency. Individual Retirement Accounts are insured separately up to $250,000 per member.
Dakotaland Federal Credit Union is a full-service financial institution, taking pride in serving its members. We offer savings accounts, checking accounts, certificates of deposit, individual retirement accounts, VISA® Credit Cards and Advantage ATM and debit cards. In addition, we also offer a wide variety of lending services including auto loans, real estate loans, recreational vehicle loans, business loans, student loans, life event loans, overdraft protection and much more.
According to the history books, Dakotaland Federal Credit Union came from humble beginnings in Huron as Armour Federal Credit Union with a mere 10 members in 1935. The Credit Union was formed to provide savings and loans to its meat packing members.
To always put the Member first and to be the preferred financial institution in our service area. We want to be your first choice for all of your financial needs. To achieve that, we want to earn not only your business, but your trust. We will work to continuously improve the services we offer & make them available to you.
To serve our members with economical, quality service in a friendly and convenient manner.
Want to learn more about Dakotaland Federal Credit Union & the services we offer? We want to hear from you!