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Welcome to Dakota Territory Federal Credit Union

Dakota Territory Federal Credit Union is a community chartered Credit Union providing a full line of financial services to businesses or other legal entities located within the boundaries of the Lead-Deadwood School District, and persons who live, work, worship, or attend school there. If you or someone you know would like to become a member-owner of our financial cooperative, come see us at our office or give us a call

MEMBERS® Auto & Homeowners Insurance Program

You trust Dakota Territory Federal Credit Union to provide you and your family with quality products and services to meet your financial needs. We’ve joined with a dedicated team of insurance professionals to bring you the MEMBERS® Auto & Homeowners Insurance Program.

The MEMBERS Auto & Homeowners Insurance Program is the property and casualty coverage solution preferred by credit unions and their members.

Access convenient e-service, pay your bill or make changes to your policy, even report a claim.

Receive fast, easy access to claims service 24 hours a day.

Obtain a free, no-obligation quote.

The MEMBERS Auto & Homeowners Insurance Program is made available by CUNA Mutual Insurance Agency, Inc. and underwritten by leading insurance companies. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. Discounts are not available in all states and discounts vary by state. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state regulations allow. The insurance offered is not a deposit and is not federally insured or guaranteed by your credit union.

Services Available

LOANS Include:
Auto	Signature	Student
Recreational Vehicles	Vacation

SAVINGS Include:
Savings Accounts	Certificates	IRAs
Overdraft Protection	Savings Bonds	Direct Deposit
Share Draft Accounts	Credit Cards	ATM/Debit Card Service
New/Used Car Guides	Money Orders	Travel/Gift Cards
Wire Transfer Service	Christmas Club	Life Savings Insurance
Credit Disability Insurance	Cancer Insurance	Other Insurance
Consumer Guide Books	Payroll Deposit	Night Depository
Electronic Tax Filing	Drive Up Window	Postage Stamps
Notary Public	Fax Service

Credit Cards or Debit Cards?
Your Dakota Territory Federal Credit Union now offers both types of cards, but finds not everyone understands the difference. It's really quite simple. The Credit Card is like getting a loan from your credit union. You buy an item and the cost is charged against your account to be paid at the end of the monthly billing cycle. If you can't afford to pay the entire "loan" off, you can make a partial (minimum or larger) monthly payment. The Debit Card, on the other hand is a type of electronic "share draft." The minute you sign for a debit card purchase, the money is removed from your credit union account. It's a quick way to make a purchase, you must be certain you have sufficient funds in the account to cover the purchase. For more information on either card call Lorraine at 578-3995.

Share Drafts VS ATMs
Share drafts are the credit union version of "checking." You control the amount of payment to be rendered and designate the person or firm to be paid. ATM (Automated Teller Machines) cards offer you 24 hour, direct access to cash. In some instances when firms are hesitant to accept share drafts, an ATM card can help you obtain needed cash. Important things to remember about ATM's is to limit the number of monthly uses to avoid transaction charges and to look for those ATM machines which accept your account cards without a secondary surcharge.

IRAs - Now There Are Three Kinds!
During 1997, the US Congress passed new legislation which allowed two new types of IRAs (Individual Retirement Accounts). The "traditional IRA" continues to allow wage earners and spouses to tax defer earnings on funds set aside under an IRA. The new law allows a progressively more liberal amount of earnings to qualify for this benefit. The new Roth IRA is taken from tax paid earnings, but when the Roth IRA is withdrawn at the qualified age, no tax dollars are due, as opposed to the traditional IRA. A third type of IRA is the Education IRA, which allows minors to have $500 annually set aside for them on a deferred basis, with the payout available once they reach age 18. No matter which IRA you are interested in starting or continuing, be certain to check with your credit union on how affordable we can make them for you! Just a few dollars set aside with regularity will build into a handsome nest egg!

Autos-New or Used!
If you are in the market for new (or newer) wheels, be sure to talk to us at Dakota Territory FCU. We have all the information you need to make a wise buy. We'll pre-approve a loan so you can bargain better with your dealer on a "cash basis." And, we even have information on leasing so you can know all the facts before you sign anyone's dotted line!

Call your credit union for more information: 1-877-651-8123

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Dakota Territory Federal Credit Union
78 Cliff Street, PO Box 406
Deadwood, SD 57732
605-578-3995
Toll Free: 1-877-651-8123
Fax: 605-578-3991
E-MAIL: dtfcu@rushmore.com

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency