Dakotaland Credit Union Watertown SD | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Dakotaland, where community and service come together to create a trusted financial home for everyone in Watertown, SD! Located at 1101 9th Ave SE, our branch has been proudly serving members since 1935. With over 40,000 members and total assets reaching an impressive $658,664,712, we are committed to providing personalized banking solutions tailored to your needs. At Dakotaland, we understand the importance of financial stability and growth. Our team is dedicated to helping you navigate your financial journey, whether that's through our diverse offerings like auto loans, mortgages, or business banking services. With total deposits of $77,168,706 and a net worth of $65,314,480, you can trust us to manage your finances responsibly. Our leadership team, led by CEO Ryan Goehner and Board President Lance Howe, believes in fostering strong relationships with our members. We pride ourselves on being more than just a credit union; we aim to be a valued partner in your financial success. Plus, with friendly staff available at 605-884-5775, we're here to answer any questions you may have. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to the same address: 1101 9th Ave SE, Watertown, SD 57201. Join us today and discover how Dakotaland can help make your financial dreams a reality! Visit our website at Dakotaland FCU or stop by our branch during lobby hours from 8:00 AM to 4:00 PM on weekdays. We look forward to welcoming you into our community!

Branch History & Mission

Welcome to Dakotaland, a cornerstone of community banking in Watertown, SD. Since opening our doors in 1935, we have been dedicated to serving our members with compassion and commitment. As a credit union, our mission has always been about more than just financial services; it's about building relationships and supporting the community. Located at 1101 9th Ave SE, our branch is easily accessible for all your banking needs. We take pride in being part of a vibrant neighborhood, where members can come to us not only for their financial transactions but also for advice and support. Our branch is equipped with modern conveniences like ATM access and drive-thru banking, making it easy for you to manage your finances on the go. Over the years, Dakotaland has grown significantly. Today, we proudly serve over 40,000 members and have total assets reaching an impressive $658,664,712. This growth reflects our commitment to providing top-notch services tailored to meet the diverse needs of our members. From checking and savings accounts to auto loans and mortgages, we strive to offer products that empower you financially. Our mission is clear: to enhance the lives of our members by providing exceptional financial services while actively engaging in community support initiatives. Whether it's through educational programs or local partnerships, we believe in giving back to the community that supports us. We understand that when our community thrives, so do we. While members can visit us at our Watertown location for personal assistance during our operating hours Monday through Friday from 8:00 AM to 5:30 PM for Drive-Up service and until 4:00 PM for Lobby hours official correspondence should be sent to our mailing address at 1101 9th Ave SE, Watertown, SD 57201. At Dakotaland, we're proud of our history and excited about the future. Our digital advancements ensure that you can bank anytime and anywhere with online banking options available at your fingertips. We are ADA compliant as well, ensuring that all members have equal access to our services. Join us today and experience firsthand how Dakotaland is not just a place for your money but a partner in your journey towards financial success. Together, let's build a brighter future for everyone in Watertown! If you're ready to become a member or learn more about what we offer, don't hesitate to reach out at 605-884-5775 or visit us online at Dakotaland FCU. Your journey starts here!

Branch Location & Accessibility

Welcome to the Dakotaland Credit Union, located conveniently at 1101 9th Ave SE in beautiful Watertown, SD. Nestled in Codington County, our branch is easily accessible for all your banking needs. Whether you're popping in for a quick transaction or looking to explore our full range of services, we are here to help. Our location is just a stone's throw from the scenic Lake Kampeska and not far from the bustling downtown area, making it a perfect stop when you're out and about. With ample parking available right outside, visiting us is both easy and convenient. For those who require extra assistance, our facility is ADA compliant, ensuring everyone can access our services without hassle. At Dakotaland, we pride ourselves on offering a variety of banking options tailored to your needs. You can enjoy lobby hours from 9:00 AM to 4:00 PM Monday through Friday, with extended drive-thru service available from 8:00 AM to 5:30 PM on the same days. Need cash? Our ATM service is always ready for you! And if you prefer the convenience of banking from home, our online and mobile banking options make managing your finances simple and secure. While members can visit us at 1101 9th Ave SE, official correspondence should be sent to the same address for consistency. If you have any questions or need assistance, feel free to reach out at 605-884-5775 we're always happy to help! We invite you to stop by and see how Dakotaland Credit Union can support your financial journey today!

Member Eligibility

At Dakotaland, we believe that everyone deserves a supportive financial community. Becoming a member is simple and welcoming! If you're living, working, or attending school in Codington County or nearby areas, you're already on the path to joining us. We also welcome family members of existing members, making it easy for your loved ones to benefit from our services too. To find out more about the specific eligibility requirements, feel free to visit our detailed guide at this link. Joining Dakotaland not only opens the door to personalized banking services but also connects you with a community that prioritizes your financial well-being. Ready to take the next step? Opening an account is straightforward! You can get started online by visiting this page or give us a call at 605-884-5775 if you have any questions. We're located at 1101 9Th Ave Se, Watertown, SD 57201, and we can't wait to welcome you into our family!

Business Banking & Commercial Services

Financing Options for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $669 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $3 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $56,972,933, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Make Transactions Easy

In addition to loans, we offer merchant services designed to simplify how you manage payments. Imagine being able to accept payments seamlessly whether it's credit cards, mobile payments, or online transactions. Our merchant services help you provide convenience to your customers while ensuring that you can focus on what truly matters: growing your business. Visit us at 1101 9Th Ave Se Watertown Sd 57201 in Watertown, SD or call us at (605) 884-5775 to learn more about how our business banking and commercial services can help you thrive!

Comprehensive List Of Services

Business Banking Services

For entrepreneurs and small business owners in Watertown, Dakotaland also provides comprehensive business banking services. From merchant services that streamline payment processing to business loans that fuel growth, we're committed to supporting local businesses every step of the way.

Convenient Access and Support

We know convenience matters. That's why we have ATM and cash withdrawal services available for easy access to your funds anytime you need them. Our basic drive-thru banking allows for quick deposits and withdrawals without leaving your car, making transactions smoother than ever. Our friendly team is always here to assist you with any questions or concerns you may have. Reach us at (605) 884-5775 during our operating hours from 9:00 AM to 4:00 PM (Lobby) and 8:00 AM to 5:30 PM (Drive-Up) Monday through Friday. At Dakotaland, we take pride in being more than just a financial institution; we are part of this vibrant community in Watertown. Visit us at 1101 9Th Ave Se Watertown Sd 57201 or check out our website at Watertown Branch to learn more about how we can support you on your financial journey. Ready to experience personalized service? Connect with us today!

Credit Cards and Rewards

When it comes to credit cards, we offer options that come with rewards perfect for everyday purchases or special occasions. You can enjoy benefits while building your credit history.

Personal Banking Solutions

Starting with personal banking, we offer checking and savings accounts tailored to fit your lifestyle. Imagine having easy access to your funds through our online and mobile banking features. You can manage your accounts on the go, whether you're at home or out running errands. For those considering a new vehicle, our auto loans and vehicle financing options make it simple to drive away in your dream car. If homeownership is on your mind, look no further than our mortgage loans and refinancing options. We guide you through the entire process to ensure you find the best solution for your financial situation. Additionally, if you're facing unexpected expenses or looking to consolidate debt, our personal loans provide quick access to cash when you need it most.

Digital & Online Banking

Key Services Offered

With our online banking platform, you have the flexibility to check your balance, transfer funds, pay bills, and even set up e-statements all from the comfort of your home or on the go. If you're someone who prefers a paperless option, you'll be pleased to know that we offer e-statements for easy access to your account statements without the clutter of paper. For those who enjoy using their smartphones for everyday transactions, our mobile application is available to help you stay connected with your finances. You can make mobile payments effortlessly and even send money directly to friends and family with our person-to-person transfer feature. Whether you're splitting a dinner bill or sending a gift, it's fast and simple!

Security and Convenience

Security is a top priority at Dakotaland. Our electronic signature authorization ensures that your transactions are secure and verified. Plus, our 24/7 online banking services mean you can take care of your banking needs whenever it suits you whether it's early in the morning or late at night. In today's fast-paced world, having easy access to your accounts is essential. With Dakotaland, managing your finances has never been more accessible or user-friendly. We invite you to explore these features and experience hassle-free banking designed with you in mind!

Financial Strength

A Growing Community

Total Share Accounts: 83,760, show a strong and growing member base that trusts us with their finances. This growth further strengthens our position as a reliable credit union dedicated to serving the needs of our community. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Dakotaland is your trusted partner. Visit us at 1101 9Th Ave Se Watertown Sd 57201 or call (605) 884-5775 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.

Commitment to Growth

Our dedication to enhancing member experiences is reflected in our $61,073,332 in undivided earnings. We reinvest these funds into innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $7,294 in used auto loans and $438,402,962 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Member-Focused Savings

Members' savings are secured through $202,127,323 in share certificates and $106,200,109 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $100,000, 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 176 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Position

With a net worth of $65,314,480, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $991 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, with over $92,947,595 in used vehicle loans and $12,003,909 in new vehicle loans already helping members get on the road. We understand that purchasing a vehicle is a significant investment, which is why we strive to make the financing process as straightforward as possible.

Business Financing

For business owners, our outstanding commercial loans totaling $56,972,933 provide the capital needed to grow and expand your business. We understand the challenges of running a business and are here to support your ambitions with flexible financing options. At Dakotaland, we pride ourselves on being more than just a financial institution; we're a community partner dedicated to helping you succeed financially. If you have any questions about our loan offerings or would like more information on eligibility and refinancing options, feel free to reach out at (605) 884-5775 or visit us at 1101 9Th Ave Se Watertown Sd 57201 in Watertown, 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. Explore our website for more details: Dakotaland FCU.

Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $5,508,807 in loans helping members manage their finances effectively. Our credit card products come with competitive rates and rewards that benefit our members.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $23,435,513, make buying or refinancing simple. We work with you to find the right mortgage solution tailored to your unique situation. If you are considering refinancing your existing mortgage, ask us about our eligibility options and see how you can save on your monthly payments.

Loan Aggregator

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DAKOTALAND FEDERAL CREDIT UNION