Dakota Star Credit Union Rapid City SD | Affordable Auto Loans & Business Banking

Introduction

Welcome to Dakota Star, your trusted partner in financial services since 1952! Located at 1636 E St Patrick St, Rapid City, SD 57701, we pride ourselves on being more than just a credit union. With a strong commitment to our members, we have grown into a vibrant community of over 3,020 members, all benefiting from our personalized banking solutions. At Dakota Star, we understand that financial health is vital for you and your family. That's why we offer a range of services tailored to meet your unique needs from checking and savings accounts to auto loans and mortgages. Our total assets stand impressively at $40,717,110, with total deposits reaching $1,842,159. This solid foundation allows us to provide competitive rates and outstanding member support. While you can visit us at our branch for all your banking needs, please note that official correspondence should be sent to our mailing address: PO Box 2784, Rapid City, SD 57709. Whether you're looking to secure a loan or simply want advice on managing your finances better, our dedicated team is here to help. Under the leadership of CEO Kelli Wold and Board President Robin Clarke, our skilled team of 13 employees works tirelessly to ensure every member receives exceptional service. We are proud of our community involvement and the positive impact we've made in the lives of our members. Ready to experience the Dakota Star difference? Give us a call at 605-342-6442, or visit us online at dakotastar.org. We look forward to helping you achieve your financial goals!

Branch History & Mission

Commitment to Innovation and Community

As times change, so do we. Dakota Star embraces digital advancements like online banking and mobile applications. We prioritize ADA compliance to ensure that all members can access our services without barriers. Our commitment extends beyond just banking; we actively engage in partnerships and outreach efforts designed to uplift our community. Together with our dedicated staff of 13 employees led by CEO Kelli Wold and Board President Robin Clarke, we work tirelessly to foster a welcoming environment where every member feels valued and supported. Join us at Dakota Star! Experience how we can make a difference in your financial life while contributing positively to the community. For more information or assistance, feel free to contact us at 605-342-6442 or visit our website at Dakota Star. Let's take this journey together!

Our Mission

At Dakota Star, our mission is simple yet powerful: to provide exceptional financial services while supporting the community we serve. We believe that everyone deserves access to quality banking options that empower them to achieve their financial goals. Whether it's offering personal checking and savings accounts or providing auto loans and mortgages, we are here to help you navigate your financial journey. We pride ourselves on our customer-centric approach. With operating hours from Monday to Friday, 8:00 AM to 5:30 PM, and Saturday from 9:00 AM to 12:00 PM, we strive to be available when our members need us most. Our drive-thru service further enhances convenience for those on the go.

Branch Location & Accessibility

Welcome to Dakota Star, your trusted financial partner conveniently located at 1636 E St Patrick St in Rapid City, SD. Our branch is situated in a vibrant area near local landmarks, making it easy for you to drop by and handle your banking needs. With ample parking available, getting to us is hassle-free, whether you're visiting for a quick transaction or planning to discuss your financial goals. At Dakota Star, we prioritize accessibility. Our branch is designed to be welcoming for everyone, featuring ADA-compliant ramps and facilities that ensure all members can access our services comfortably. If you're in the mood for some fresh air, take advantage of our drive-thru banking option, which allows you to complete simple transactions without leaving your vehicle. While our physical location is at 1636 E St Patrick St, please note that any official correspondence should be sent to PO Box 2784, Rapid City, SD 57709. We are open Monday through Friday from 8:00 AM to 5:30 PM and on Saturdays from 9:00 AM to 12:00 PM. These hours are designed with your convenience in mind so you can visit us when it fits into your schedule. Although we currently do not offer ATM services at this branch, our team is here to assist you with a variety of banking options. Whether you're looking to open a checking account, apply for an auto loan, or explore personal loans and credit cards with rewards, we've got you covered. We invite you to stop by or give us a call at 605-342-6442. Let Dakota Star help you achieve your financial dreams!

Member Eligibility

At Dakota Star, we believe that becoming a member means joining a welcoming family dedicated to your financial success. If you're looking to become part of our community, the good news is that eligibility is open to anyone who lives, works, or worships in the area around Rapid City. This makes it easy for you to take advantage of all the great benefits we offer, from personalized service to competitive rates on loans and savings accounts. To learn more about specific eligibility criteria, feel free to check out our detailed information at this link. Opening an account is a breeze! Just visit us at 1636 E St Patrick St, Rapid City, SD 57701, or call us at 605-342-6442 for assistance. Our friendly team is here to help guide you through the simple process of becoming a member and unlocking the many advantages that Dakota Star has in store for you. Whether you're looking for personal banking options or business services, we're excited to help you achieve your financial goals! For further details on how to start your journey with us, visit this page.

Business Banking & Commercial Services

Merchant Services That Make Sense

In today's fast-paced world, having efficient payment solutions is vital for success. Our merchant services empower businesses to accept payments seamlessly, whether in-store or online. This convenience not only enhances customer satisfaction but also streamlines your operations. At Dakota Star, located at 1636 E St Patrick St, Rapid City, SD 57701, we're here to partner with you on your journey toward success. Contact us at 605-342-6442 to learn more about how our business banking and commercial services can help you thrive!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions. Imagine having access to capital when you need it most whether for purchasing new equipment, expanding your operations, or managing cash flow. Our loans can help turn your plans into reality.

Comprehensive List Of Services

Additional Services

While we don't currently have ATM services available at this location, our commitment to accessibility means that you can easily conduct cash withdrawals through our drive-thru service. We strive to ensure that all transactions are simple and straightforward so that you can focus on what matters most.

Business Banking Services

At Dakota Star, we understand that businesses need flexible solutions too. That's why we provide business banking services, including merchant services that make transactions easier and more efficient. Whether you're starting a new venture or expanding an existing one, our business loans can support your growth ambitions.

Call to Action

Ready to take control of your financial future? Visit us at Dakota Star today or give us a call at 605-342-6442 for more information on how we can assist you with any of our services. We're here to help you every step of the way!

Convenient Online & Mobile Banking

In today's fast-paced world, convenience is key. Our online and mobile banking services allow you to manage your accounts anytime, anywhere. With features like online bill pay and person-to-person transfers, handling your finances has never been simpler. We also offer basic drive-thru banking for quick deposits and withdrawals during our operating hours from Monday through Friday, 8:00 am to 5:30 pm and Saturday from 9:00 am to 12:00 pm.

Personal Banking Solutions

For individuals seeking reliable banking options, we offer checking and savings accounts that are perfect for everyday transactions and saving goals. Need a new vehicle? Our auto loans and vehicle financing options can help get you on the road quickly. If you're considering buying a home or refinancing your existing mortgage, our mortgage loans are tailored to fit your budget and lifestyle. When unexpected expenses arise, our personal loans can provide the necessary funds without the hassle. Plus, with our credit cards featuring rewards, you can earn benefits on every purchase while managing your spending effectively.

Digital & Online Banking

Key Features

One of the standout features is our electronic statement option. With e-statements available, you can say goodbye to paper clutter and access your bank statements online whenever you need them. This not only helps the environment but also gives you quick access to important information. If you're looking to send money to friends or family, our person-to-person transfer service makes it effortless. Whether it's splitting a bill or sending a gift, you can do it quickly with just a few taps on your device. For those who prefer mobile banking, our mobile application is ready for download. It allows you to manage your finances right from your smartphone, providing the same level of convenience and security as our online services. While we currently don't offer mobile payment options, rest assured that our other features are here to help streamline your banking experience. We prioritize security in all transactions and ensure that your personal information remains protected. In summary, Dakota Star's digital banking services are tailored to meet your needs allowing easy access to your accounts while maintaining top-notch security. So why wait? Start enjoying the benefits of modern banking today!

Financial Strength

Growing Together

Total Share and Deposit Accounts stand at 5,580, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments) are valued at $560,997, further illustrating the strength of our cooperative model. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Dakota Star is your trusted partner. Visit us at 1636 E St Patrtick St Rapid City Sd 57701 or call (605) 342-6442 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.*

Investing in Your Future

With $3,211,629 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Additionally, with $470 in used auto loans and $25,009,066 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Member-Centric Savings

Members' savings are secured through $5,433,310 in share certificates and $11,696,082 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 10 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Health

With a net worth of $3,231,911, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $793 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We have already issued $6,665,780 in used vehicle loans and $5,218,055 in new vehicle loans to help our members get on the road with confidence. Whether you're buying new or used, our competitive rates make it easier for you to drive away with your dream vehicle.

Credit Lines

In addition to these offerings, we have total credit lines available amounting to $3,500,000, giving you access to funds when you need them most. This can be particularly useful for unexpected expenses or planned purchases. If you're interested in refinancing any existing loans or exploring eligibility options for our products, don't hesitate to reach out! You can call us at (605) 342-6442 or visit us at our branch located at 1636 E St Patrtick St Rapid City Sd 57701 in Rapid City, SD. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. At Dakota Star, we pride ourselves on being your trusted partner in achieving financial success through our wide array of loan products designed just for you.

Mortgage Loans

Thinking about homeownership? Our mortgage options are designed to simplify the process of buying or refinancing a home. We offer Junior Lien 1-4 Family Residential Property loans totaling $4,664,532. With flexible terms and personalized service, we help you navigate the path to owning your own home.

Unsecured Credit Card Loans

We also provide flexible terms on unsecured credit card loans, with a total of $513,057 in loans helping members manage their finances effectively. These cards can be an excellent tool for everyday purchases or emergencies without the need for collateral.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. This platform is designed to help you navigate the lending landscape with ease and confidence. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This commitment to using verified information means you receive fair and transparent offers based on the latest results (Source: https://www.ncua.gov ). By leveraging this reliable data, LendMesh provides users with a clear view of their options. The benefits of using LendMesh are substantial. First, Verified Data ensures that all loan offers come from legitimate financial institutions, fostering trust in the comparison process. Additionally, No Sponsored Listings means that lenders are not prioritized based on paid promotions your results are purely based on the best available rates. Finally, Real-Time Rate Comparisons keep you informed with up-to-date loan rates from multiple institutions, empowering you to make educated decisions about your borrowing needs. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial highlights how effective the tool can be in identifying favorable lending options. Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

DAKOTA STAR FEDERAL CREDIT UNION