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Branch History

The arrival of William Lee and Charles Walker in the Dakota Territory in 1870 led to the establishment of the City of Madison founded in 1880 as the town of "Herman", which was located inside what is now Lake Herman State Park. After considerable political maneuvering, name-calling and shady real estate deals, the people in Herman in late 1880 were persuaded to begin moving their businesses and homes to the Madison location we know today. By 1883 only about three buildings were left at the Herman town site, and Madison had retained their designation as county seat for Lake County. Both the lake and the town were named after Madison, Wisconsin which was near the earlier home of Lee and Walker.

Interlakes C.A.P Federal Credit Union was initially chartered on September 22nd, 1970. Ten members of Interlakes Community Action, Inc., (a private non-profit Community Action Agency created under the auspices of the Economic Opportunity Act of President Johnson's War on Poverty) deposited $50 each and then asked businessmen from Madison's Main Street to make small deposits to help get the single employer credit union started. On March 9th, 1973, the credit union was approved for a community charter to merge several smaller credit unions in the same area and took the name Interlakes Federal Credit Union. Interlakes' community charter served those in Lake County at the time it merged with Dakotaland in October of 2011.

Contact / Hours

Dakotaland FCU
1004 S. Washington Ave.
Madison, SD 57042

Phone & Fax
(605) 256-6511
Toll Free:
(605) 256-0667

9:00-5:00pm (Mon-Fri)
8:30-5:30pm (Mon-Thu)
8:30-6:00pm (Fri)

ATM Locations

Dakotaland owns several ATMs in the communities in which we serve. Our ATMs provide FREE, unlimited transactions when you use any Dakotaland ATM with a Dakotaland issued ATM or Check Card. These can be found at the following locations:

DFCU Madison
(Interlakes Branch)
1004 S. Washington Avenue
Madison, SD

Members have access to thousands of surcharge free ATMs worldwide on the Advantage Network in addition to Co-Op Network ATM Machines.

Branch Staff

Lynnette Taylor
Branch Manager

NMLS #834587

Nancy Calmus
Consumer Loan Officer

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