Lakota Federal Credit Union

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Lakota Trade Center, Suite 103 | 104, Kyle, SD, 57752  

In January 2009, several community leaders started in pursuit of a dream to establish the Lakota Federal Credit Union to serve the people of the Pine Ridge Reservation. The proposed credit union would provide basic banking services to help the Oglala LakotaOyate (people) achieve their financial goals, and in turn help the local economy.


In January 2009, several community leaders started in pursuit of a dream to establish the Lakota Federal Credit Union to serve the people of the Pine Ridge Reservation. The proposed credit union would provide basic banking services to help the Oglala LakotaOyate (people) achieve their financial goals, and in turn help the local economy on the Pine Ridge Reservation to thrive. This was a huge undertaking, as the Pine Ridge Reservation had not had a financial institution of its own since the Oglala Sioux Tribe accepted the Indian Recognition Act in 1935.

Lakota Funds, a non-profit organization that provides loan products and assistance on the reservation, anxiously agreed to sponsor the proposed Lakota Federal Credit Union. A steering committee comprised of knowledgeable, energetic, and hard-working individuals began the long and arduous process of establishing the first and only federally-insuredfinancial institution on the 2.2 million acre Pine Ridge Reservation.


LENDING PROFILE

Lakota Federal Credit Union arranges the following loan types:
  • RESIDENTIAL: Hard Money , Construction loans
  • COMMERCIAL: Hard Money , Portfolio
  • LAND: Hard Money
Lending territories: SD

Lakota Trade Center, Suite 103 | 104, Kyle, SD, 57752  

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