Share Account (Savings)
Your share savings account at Dakota Plains Credit Union is your membership (primary) savings account. The only requirement to maintaining an active membership in DPCU is to keep one share ($5.00) in a regular share savings account. With this you are also entitled to voting rights at our annual meeting. Dividends are paid quarterly on share savings accounts.
Share Draft Account (Checking)
Dakota Plains Credit Union offers three different share draft accounts to meet our members' individual financial needs. Our members have available to them Personal Share Draft accounts, Business Share Draft accounts and Dakota Gold Share Draft accounts.
Shared benefits of our share draft accounts 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 ($1.00/transfer)
- Free online banking
- Free E-Statements
- Free online check imaging
- Online check ordering
Additional Dakota Gold Share Draft information:
Requirements:
- Must be 55 years of age.
- Have combined deposits of $1,000.00 between the regular share account, Certificates of Deposit, IRA or $2,500.00 in the money market.
- Sign up for two DPCU services (excluding the Primary Share Account)
Benefits:
- Two free boxes of checks each year. (Dakota Gold design only.)
- 20 free copies or 5 free faxes each month
- 10% discount on safe deposit boxes
- No fee on money orders or cashier checks
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Money Market Accounts
Dakota Plains Credit Union offers a Money Market share account that offers you the flexibility you want, a better return on your money and the use of your money when you need it.
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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 IRA types are available at Dakota Plains Credit Union.
Traditional IRA
These accounts are still available to anyone under the age of 70 who has income from compensation. The maximum contribution is $5,000 per year and penalty-free withdrawals continue to be available for IRA owners who reach the age 59, 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 age 59, disabled or buying a first home.
Education IRA
Starting January 1, 1998, parents and other interested persons may be able to establish an Education 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 per child per year. If parents, grandparents and others have each set up an account for the same child, their combined contributions cannot exceed $2,000 per child per year. Careful tracking is important to avoid possible penalties. When you have determined which IRA or combination of IRAs best suits your needs, stop by Dakota Plains Credit Union. You should talk with your tax consultant to see which IRA or combination of IRAs is right for you.
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Certificates of Deposit (CDs)
If you are looking for an investment plan that will offer a competitive rate but do not want to tie up your investments for too long, a Certificate of Deposit may be just what you are looking for. Dakota Plains Credit Union has a variety of certificates designed to meet your needs. We offer CDs with maturities of 3-month, 6-month, 12-month, 18-month, 24-month and 36-month with a minimum deposit of $500. Rates are based on the amount deposited into the C.D. See rate sheet for current rates. There is a penalty for early withdrawal.
"Come Grow With Us" CD special - click here for details
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Visa Credit Cards Services
We offer three different VISA cards to meet our member’s different financial needs.
- VISA Classic
- VISA Classic Senior (age 55 and older)
- VISA Classic Variable rate card
Start your purchasing power with a VISA card from Dakota Plains Credit Union. Why pay high credit card rates?
All three credit card types offer the following benefits:
* Four tiers starting as low as 5.00% - VISA Classic variable
- 10.80% APR - VISA Classic
- 9.80% APR - VISA Senior
- 25 day grace period for repayment of balance for purchases
- No annual fee
- Accepted worldwide. - Wherever VISA is accepted
- Access cash instantly
- Free automatic travel insurance - Contact the credit union for more information
- Convenience of local customer support
- Application approved locally
- CUE Rewards – Bonus point program that earns 1 pt for each retail dollar spent
- To receive a current copy of our Credit Card Agreement you can call (701)493-2334.
Your VISA card is now protected by Verified by VISA-it password protects your card for free when you shop online. The next time you shop at participating online stores, you'll see some new screens. Enter the information requested to activate your card in order to complete your transaction. It only takes a moment, and then your card will have password protection whenever you shop online. Shop online with greater security at participating stores listed at www.visa.com/shopverified.
To enroll in Verified by VISA click here.
Lost or stolen VISA credit card
1-800-991-4965
VISA Card Activation
1-800-456-6870
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Loans
Ag Lending
Dakota Plains Credit Union offers a wide variety of agricultural loans including operating, machinery, livestock and ag real estate loans. With the challenges of today’s ag economy, feel confident that our lending staff has the experience, understanding, and ability to work with you on the needs for your agricultural operation.
Consumer Lending
Dakota Plains Credit Union offers loans for new and used vehicles, recreational vehicles, home improvements, real estate, share secured, debt consolidation, signature loans and more. Stop in and visit with our lending staff on whatever your borrowing needs may be.
Loan Application >>
Commercial Lending
Dakota Plains Credit Union offers a variety of commercial loans including operating, equipment, inventory and real estate loans.
Overdraft Protection Loan
Overdraft Protection is a service to help you prevent returned checks and overdrafts on your share draft account. A line of credit is established which allows you to draw from if there are not enough funds in your share draft account for items trying to clear. There is no cost to set up overdraft protection. Other fees will apply if you use this service.
Student Loans
Dakota Plains Credit Union offers student loans. Be sure to use our lender number #818064 on your student loan application.
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