At Dakota West, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. Our commitment to providing a reliable banking experience is evident in our strong financial position, which you can trust to support your financial needs. With a
net worth of $42,210,601, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This robust figure underscores our ability to manage your deposits and loans effectively while ensuring a solid foundation for growth. Our
net worth ratio of 13.22% demonstrates a solid capital foundation. This means we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Your peace of mind is important to us, and our numbers reflect our commitment to safeguarding your interests. Members' savings are secured through
$59,231,682 in share certificates, offering stable and rewarding financial growth opportunities. We prioritize our members' needs above all else; with no non-member deposits on record, all our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With
$37,824,334 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. This reinvestment strategy enables us to enhance the services you rely on while keeping your money safe and sound. Our lending capacity supports members' financial goals across various sectors with
$172,786,417 in total loans and leases and
$1,905 in used auto loans alone. Furthermore, our
net income of $2,386,267 reflects our operational efficiency. This allows us to continue offering competitive loan rates and solid financial products tailored for you. We also take pride in having
51 full-time employees and
1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Together, they strive daily to provide the exceptional service you expect from Dakota West. Total Share Accounts stand at
14,339, showcasing a strong and growing member base that trusts us with their finances. Our focus remains clear: your satisfaction and success are at the heart of everything we do. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Dakota West is your trusted partner. Visit us at
211 1St Ave Sw Bowman ND 58623 or call
701-523-5479 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.