Dakotaland Federal Credit Union

1371 Dakota South
Huron SD, 57350-0000


Dakotaland Federal Credit Union, founded in 1935, serves Beadle County, South Dakota, a primarily rural county faced with economic distress brought on by plant closures, poor farming conditions and out -migration. As one of only 10 financial institutions in the county, Dakotaland FCU offers a range of auto loans, real estate/home loans and small business loans, as well as other financial services.

CDFI Awards for Dakotaland Federal Credit Union


CORE (2001) - $632,000

The CDFI Fund"s $57,000 in technical assistance will be used to purchase new mortgage servicing software and software used in the development of on-line banking, the $25,000 grant, and $550,000 in secondary capital will be used for reserves and for capitalizing lending, including a new home loan program.



Other Community Development Financial Institutions in South Dakota





Featured Government Grant Resources


Small Business Administration's Small Business Investment Companies

The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.







Community Development Credit Unions

A Community Development Credit Union, more commonly known as a CDCU, is a credit financial institution which owned and controlled by its members in an effort to sustain the ability of being able to provide a wide array of financial services.




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