Dacotah Bank

Bank · Aberdeen, United States · overall 5.3 / 10

How this 5.3 is built

Average of 6 scored needs: 5.3. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

Dacotah Bank is recorded in the global register as a bank in Aberdeen, United States. The register shows its licence as licensed. Total assets 4.92 bn USD at 2026-06-30. It reports 32 offices. Established 1955. Collected from open registers.

On its own website: “Dacotah Bank is a community bank serving South Dakota, North Dakota, and Minnesota with personal and business banking, mortgage, and other financial services.”

Legal name: Dacotah Bank
Licence confirmed: yes, on a regulator's own list
Established: 1955
LEI: 549300UQPFB0RR8JCA42
Website: www.dacotahbank.com:443/

Scores, 0 to 10

6.5Financial strength & stability

· source

6.0United States

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

5.5Cross-border payments, FX and multi-currency accounts

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Lowest fees

The bank's own page names the monthly account charge. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “By meeting these requirements and using the business debit card at least 10 times per month, you can avoid the $7.50 monthly service charge” · source

5.0Best interest on business balances

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Trade, manufacturing & import-export

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

4.5Fast digital onboarding

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.