Dakota Plains Federal Credit Union Services
A tradition of service of since 1957Dakota Plains Federal Credit Union has a large variety of services to their member.
Personal Services
Cashier’s Checks
Guaranteed check issued against money taken from a member’s account or against cash provided for this purpose.
Money Orders
Order for a max of $1000 sum of money purchased with cash that can be used to make payments.
VISA® Gift Cards
Card that has been pre-paid for purchases. A small fee applies.
VISA®/Merchant Program
If you are a business and need your customers to have the convenience of charging to a credit card or debit card this is the program for you.
Notary Services
Services that are provided in each branch office, free to our members. A nominal fee may apply for non-members.
Fax Services
Services that are provided in each branch office, a nominal fee may apply.
Credit Life and Disability Insurance
Available for consumer, commercial and agriculture loans. Please ask your loan officer for details.
NADA Quotations
Need the value of a used vehicle? Call one of our loan officers they will be more than happy to help you.
Night Depository
Can’t make it to the credit union during office hours? All of our offices have a safe and secure night deposit drop.
Coin Counting Service
If you have extra coin lying around bring it in. This service is free to our members, a nominal fee for non-members.
ACH Origination
Like the convenience of your monthly bills, payments and other items being paid automatically? We are set up to do that—contact us for the correct routing number and account number to make this a reality.
Telephone Transfer Funds
Need to transfer some funds, and you’re not around a computer? Call any of the offices; our friendly staff will be more than willing to help. Contact Us
US Savings Bonds
Registered bond issued by the U.S. government in denominations of $50 to $10,000. It allows people to earn interest on the savings they entrust to the government in exchange for the bond.
Safe Deposit Boxes (Hettinger Office)
Keep those valuables such as jewelry, wills or documents, in a credit union safe deposit box. We have a small yearly fee for this service.
Direct Deposit
Want your payroll, or income tax return deposited directly into your account? Contact us for the correct routing number and account number to make this happen.
ACH Withdrawals
Need a payment set up to come out of your account automatically? Call our MSR/ACH specialist at 605-374-3380.
Wire Transfers
Need money transferred to another account, different state, or another city; wherever it may be our member service staff will be more than willing to help. This service does require a signature.
Western Union Wires
If you need money transferred out to be picked up at a Western Union location any where our member service staff will be more than willing to help. This service does require a signature.
Automatic (internal) Transfers
This service will save you an overdraft charge providing you have the funds available in your share savings account. Transfer money from one account to another such as from your checking to savings on a weekly, bi-weekly, or monthly basis to help you put funds away for a rainy day. For more details ask your Member Service Representative.
Online Banking
Service that is provided to all of our members. Follow the account log in on our home page to get signed up today. View your accounts, make transfers, and track your balance. Online Account Logon
Online Bill Pay
Quick and convenient way to pay your bills without writing a check. (Some restrictions may apply)
Audio Response System
(telephone teller) 1-800-445-0386 For account balances and account transfers you may call this number 24 hours.
Savings
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. Your savings account at Dakota Plains FCU is your primary savings tool. This account provides a good place to start saving while you enjoy the many other benefits, products and services that are associated with your membership. The only requirement to maintaining an active membership in Dakota Plains Federal Credit Union is to keep two shares at a value of $5.00 each ($10.00) in a regular savings account. With this you are also entitled to one vote per membership at our annual meeting. So, kick back and relax, while your money grows with dividends paid quarterly on your savings account.
| Term Certificates | APY* | APYE* | Minimum Deposit |
|---|---|---|---|
| 3 Month | 0.10% | 0.10% | $250 |
| 3 Month | 0.15% | 0.15% | $25,000 |
| 3 Month | 0.15% | 0.15% | $100,000 |
| 6 Month | 0.20% | 0.20% | $250 |
| 6 Month | 0.25% | 0.25% | $25,000 |
| 6 Month | 0.25% | 0.25% | $100,000 |
| 1 Year | 0.70% | 0.70% | $100 |
| 1 Year | 0.70% | 0.70% | $25,000 |
| 1 Year | 0.70% | 0.70% | $100,000 |
| 2 Year | 1.10% | 1.10% | $100 |
| 2 Year | 1.10% | 1.10% | $25,000 |
| 2 Year | 1.10% | 1.10% | $100,000 |
| 3 Year | 0.80% | 0.80% | $100 |
| 3 Year | 0.85% | 0.85% | $25,000 |
| 3 Year | 0.85% | 0.85% | $100,000 |
| 4 Year | 1.45% | 1.46% | $100 |
| 4 Year | 1.50% | 1.51% | $25,000 |
| 4 Year | 1.50% | 1.51% | $100,000 |
| 5 Year | 1.99% | 2.00% | $100 |
| 5 Year | 1.99% | 2.00% | $25,000 |
| 5 Year | 1.99% | 2.00% | $100,000 |
APR* = Annual Percentage Rate. APY* = Annual Percentage Yield. APYE* = Annual Percentage Yield Earned. Penalties for early withdrawal on term share accounts. Fees may reduce earnings. Offering rates may change.
Money Market Account
Time is money! We let you make good use of both. If you don’t want to tie up all your funds in a certificate and want an account that will yield a competitive interest rate, this is the account for you! Dakota Plains FCU offers a Money Market Account that offers you the flexibility you want and a better return on your money. Requirements for money market accounts are:
- Minimum balance of $1,000.00
- Dividends are compounded and paid monthly
- Checks can be used on this account – maximum of 3 per month
| Money Market Savings | APY* | APYE* | Minimum Deposit | Notes |
|---|---|---|---|---|
| Money Market | 0.00% | 0.00% | Up to $999 | With DPFCU Share Draft (Checking) |
| Money Market | 0.10% | 0.10% | $1,000 – $2,500 | With DPFCU Share Draft (Checking) |
| Money Market | 0.10% | 0.10% | $2,501 – $5,000 | With DPFCU Share Draft (Checking) |
| Money Market | 0.20% | 0.20% | $5,001 – $10,000 | With DPFCU Share Draft (Checking) |
| Money Market | 0.25% | 0.25% | $10,001 – $25,000 | With DPFCU Share Draft (Checking) |
| Money Market | 0.30% | 0.30% | $25,001 and up | With DPFCU Share Draft (Checking) |
| Money Market | 0.00% | 0.00% | Up to $5,000 | Without DPFCU Share Draft (Checking) |
| Money Market | 0.10% | 0.10% | $5,001 – $10,000 | Without DPFCU Share Draft (Checking) |
| Money Market | 0.15% | 0.15% | $10,001 – $25,000 | Without DPFCU Share Draft (Checking) |
| Money Market | 0.20% | 0.20% | $25,001 and up | Without DPFCU Share Draft (Checking) |
APR* = Annual Percentage Rate. APY* = Annual Percentage Yield. APYE* = Annual Percentage Yield Earned. Penalties for early withdrawal on term share accounts. Fees may reduce earnings. Offering rates may change.
IRAs
An individual Retirement Account (IRA) is a type of savings to give consumers a tax-advantage incentive to save for retirement and education. With the passage of the Taxpayer Relief Act of 1997, there are now three types of IRA’s available to consumers. The three types of IRA’s are the Traditional IRA, the Roth IRA and the Education IRA. Each has unique characteristics and specific eligibility requirements. All three are available at Dakota Plains Federal Credit Union. A brief description of each IRA type is outlined below:
- Traditional IRA These accounts are still available to anyone under the age of 70 who has income from compensation. The maximum contribution for 2009 is $5000 per year and $6000 per year if over the age of 50. Penalty free withdrawals continue to be available for IRA owners who reach the age 59 1/2, become disabled or have qualifying medical expenses.
- Roth IRA This new IRA does not allow contributions to be tax deductible. However, withdrawals from a Roth IRA may be tax-free. Withdrawals from a Roth IRA are tax and penalty free as long as the account has been open for at least five years and you are either over the age of 59 1/2, disabled or buying a first home.
- Education IRA Starting January 1, 1998, parents and other interested persons may be able to establish an Educational IRA for a child under the age of 18. Contributions to the account will not be tax deductible, but the earnings will be tax-free if used for qualified higher education expenses. Contributions cannot exceed $2,000.00 per child per year. If parents, grandparents and others have set up an account for the same child, their contributions cannot exceed $2,000.00 per child per year. Careful tracking is important to avoid possible penalties.
| Term Certificates | APY* | APYE* | Minimum Deposit | Notes |
|---|---|---|---|---|
| 3 Month | 0.10% | 0.10% | $250 | |
| 3 Month | 0.15% | 0.15% | $25,000 | |
| 3 Month | 0.15% | 0.15% | $100,000 | |
| 6 Month | 0.20% | 0.20% | $250 | |
| 6 Month | 0.25% | 0.25% | $25,000 | |
| 6 Month | 0.25% | 0.25% | $100,000 | |
| 9 Month | 0.65% | 0.65% | $500 – $100,000 | Special |
| 1 Year | 0.70% | 0.70% | $250 | Special |
| 1 Year | 0.70% | 0.70% | $25,000 | Special |
| 1 Year | 0.70% | 0.70% | $100,000 | Special |
| 2 Year | 1.10% | 1.10% | $100 | Special |
| 2 Year | 1.10% | 1.10% | $25,000 | Special |
| 2 Year | 1.10% | 1.10% | $100,000 | Special |
| 3 Year | 0.80% | 0.80% | $100 | |
| 3 Year | 0.85% | 0.85% | $25,000 | |
| 3 Year | 0.85% | 0.85% | $100,000 | |
| 4 Year | 1.45% | 1.45% | $100 | |
| 4 Year | 1.50% | 1.51% | $25,000 | |
| 4 Year | 1.50% | 1.51% | $100,000 | |
| 5 Year | 1.99% | 2.00% | $100 | |
| 5 Year | 1.99% | 2.00% | $25,000 | |
| 5 Year | 1.99% | 2.00% | $100,000 |
Special Programs
Pee Wee Penguin Club
The Pee Wee Penguin Club is a savings account offered to youth ages newborn to thirteen years. The savings account pays one percent higher interest than a regular savings account and interest is paid and compounded quarterly. Interest is earned on a minimum of $100 and the maximum is $2,500. It only takes $10 to open a Pee Wee Penguin account. it also helps to teach your child to save responsibly and how to manage money at a young age. Your child can watch their money grow effectively and efficiently toward a brighter future.
CU Succeed
CU Succeed is a program designed for those members between the ages of 13 to 19, to provide information and guidance through the financial transitions into adulthood. Benefits for CU Succeed members:
- One free box of share drafts per year. (CU Succeed check design only)
- Exclusive Dividend Rate for CU Succeed Savings
- CU Succeed quarterly newsletter
- Exclusive Certificate of Deposit Rates
Christmas Club
Don’t let the money bah-humbugs get you down! We provide a Christmas Club Account that takes the worries out of our seasonal spending. Just add a few dollars every month and watch your money grow. Enjoy the exclusive incentives that are paid at term. Contact your local Dakota Plains FCU for more specific details.
Share Certificates
If you’re looking for an investment plan that will offer a competitive rate but are afraid to tie up your investments for too long, a certificate may be just what you need. Dakota Plains FCU has a variety of certificates designed to meet your financial needs. We offer certificates with maturities of 3-6 month, 1-5 year with a minimum deposit of $250.00 on the 3-6 month and $100.00 on 1-5 year. Rates are based on the amount deposited into the certificate. We also have a child add-on certificate, limited add on amount is $20.00 per transaction. There is a penalty of 30-days of interest for early withdrawal, on a 3 & 6 month certificate, and a penalty of 90 days of interest on a 1-5 year certificate.
| Term Certificates | APY* | APYE* | Minimum Deposit |
|---|---|---|---|
| 3 Month | 0.10% | 0.10% | $250 |
| 3 Month | 0.15% | 0.15% | $25,000 |
| 3 Month | 0.15% | 0.15% | $100,000 |
| 6 Month | 0.20% | 0.20% | $250 |
| 6 Month | 0.25% | 0.25% | $25,000 |
| 6 Month | 0.25% | 0.25% | $100,000 |
| 1 Year | 0.70% | 0.70% | $100 |
| 1 Year | 0.70% | 0.70% | $25,000 |
| 1 Year | 0.70% | 0.70% | $100,000 |
| 2 Year | 1.10% | 1.10% | $100 |
| 2 Year | 1.10% | 1.10% | $25,000 |
| 2 Year | 1.10% | 1.10% | $100,000 |
| 3 Year | 0.80% | 0.80% | $100 |
| 3 Year | 0.85% | 0.85% | $25,000 |
| 3 Year | 0.85% | 0.85% | $100,000 |
| 4 Year | 1.45% | 1.46% | $100 |
| 4 Year | 1.50% | 1.51% | $25,000 |
| 4 Year | 1.50% | 1.51% | $100,000 |
| 5 Year | 1.99% | 2.00% | $100 |
| 5 Year | 1.99% | 2.00% | $25,000 |
| 5 Year | 1.99% | 2.00% | $100,000 |
VISA® Card And VISA® Platinum
“It’s everywhere you want to be.” Get yourself a VISA® credit card with the credit union. We offer a competitive rate plus you will enjoy the convenience of making your payment right in your local credit union office, no more mail time, and if there is a problem with your credit card you will be able to deal with real people, in person. Start your purchasing power with a Dakota Plains Federal Credit Union VISA®. Why not bring your business “home.”
- Accepted worldwide
- Instant cash access
- No annual fee
- Rates as low as 8.99% APR based on credit history, other rates may apply.
- 25 day grace period to repay your purchases balance before being charged a finance charge
- No minimum finance charge
- No transaction fee for purchases or cash
- View VISA® online
Share Draft (Checking Account)
Are you looking for a share draft (checking account) that is convenient and easily accessible? If so, this is the account for you. Dakota Plains FCU offers an account to meet all our member’s financial needs. Our members can use the checking account as a personal or business account. Benefits of our checking account are:
- NO minimum balance
- Unlimited check writing with no per check charge
- NO monthly service fee
- Overdraft loan protection (upon approval)
- Overdraft transfer from another account
- Dividends paid on average monthly balances above $2,500.00
Check images can be returned with statements (fee may apply), visible on line or truncated.
| Shares | APY* | APYE* | Minimum Deposit | Notes |
|---|---|---|---|---|
| Regular Shares | 0.00% | 0.00% | $100 | Dividends declared and paid quarterly. |
| Regular Shares | 0.04% | 0.04% | $101 – $2,499 | Dividends declared and paid quarterly. |
| Regular Shares | 0.10% | 0.10% | $2,500 and up | Dividends declared and paid quarterly. |
| IRA Shares | 0.75% | 0.75% | $25 and up | Dividends declared and paid quarterly. |
| Pee Wee Penguin | 1.00% | 1.00% | $100 | Members aged 0 – 12 |
| Pee Wee Penguin | 1.04% | 1.04% | $101 – $2,500 | Members aged 0 – 12 |
| CU Succeed | 1.00% | 1.00% | $100 | Members aged 13 – 19 |
| CU Succeed | 1.04% | 1.04% | $101 – $2,500 | Members aged 13 – 19 |
| Share Drafts | 0.11% | 0.11% | Up to $2,499 | Paid Monthly |
| Share Drafts | 0.15% | 0.15% | $2,500 and up | Paid Monthly |
APR* = Annual Percentage Rate. APY* = Annual Percentage Yield. APYE* = Annual Percentage Yield Earned. Penalties for early withdrawal on term share accounts. Fees may reduce earnings. Offering rates may change.
Debit Card
Our debit card is a VISA® product. “It’s everywhere you want to be.” You will be able to make transactions with this handy tool just as you would with a credit card however; the transaction amount is debited from your checking account just as if you have written a check. This means you make purchases without the hassle of writing a check.
- Accepted worldwide
- Instant cash access
- No annual fee
- No transaction fee for purchases or cash
- Requires an active checking account
