Dacotah Banks Inc.

Dacotah Banks, Inc. operates as the bank holding company for Dacotah Bank that provides various banking services to individuals and businesses. The company accepts certificates of deposit, checking accounts, direct deposits, individual retirement accounts, health savings accounts, and money market accounts, as well as demand deposits. It also offers personal, student, and vehicle loans, as well as overdraft protection; business loans; commercial and agricultural real estate loans; lines of credit; merchant credit card solutions; various cards; and cash management services. In addition, the company provides auto, disability, flood, health, health savings, homeowners, household inventory, identity theft, life, long-term care, Medicare supplement, recreational vehicle, renters, and umbrella liability insurance products; business owners, business vehicle, crime protection, employee benefits, general liability, home-based business, property and investment real estate, and workers compensation insurance products; and crop hail, farm and ranch asset and vehicle, and multi-peril crop insurance products. Further, it offers mortgages comprising adjustable rate mortgage, balloon mortgage, conventional residential mortgage, and fixed rate mortgage products, as well as Federal Housing Administration financing, first-time home buyer program loans, home equity accounts, investment property financing, refinancing, VA home loans, business equity line of credit, commercial property financing, and land acquisition financing. Additionally, the company provides trust and wealth management services, such as elder care, estate and retirement planning, estate settlement, and money and farm management services, as well as dynasty or perpetual trusts; and phone and online banking services. It operates through 34 full service locations in Minnesota, North Dakota, and South Dakota. Dacotah Banks, Inc. was founded in 1964 and is headquartered in Aberdeen, South Dakota.