Dakota West Credit Union

Rated star_ratedstar_ratedstar_rated_halfstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 2.5 out of 5

PO Box 1496, Watford City, ND 58854

Website

(701) 444-6484

Data Source: NCUA, December 31, 2016


Dakota West Credit Union was founded in 1941. Headquartered in Watford City, North Dakota, Dakota West Credit Union is a state chartered and federally insured credit union, being chartered in North Dakota and insured through the National Credit Union Share Insurance Fund (NCUSIF). Dakota West Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Dakota West Credit Union services 7,832 members through its 9 offices and branches and 50 full-time and 3 part-time employees. It has $249,743,754 of total assets and $27,317,719 of net worth. Based on its asset size and net worth ratio, Dakota West Credit Union is classified as a Well Capitalized medium large credit union.

Dakota West Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Dakota West Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Dakota West Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in North Dakota and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of North Dakota
Median of USA
Checking
0.0000
0.0000
0.0000
Savings
0.0500
0.1000
0.1200
Money Market
0.1000
0.2290
0.2500
Certificate Deplit
0.9500
0.8050
0.5800
IRA
0.5000
0.7045
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of North Dakota
National Median Rates
Credit Cards
6.9000
9.9500
9.9900
Unsecured Line of Credits
12.6500
9.7050
10.9500
Short-term Small Amount
n/a
25.0000
25.0000
Student Loans
n/a
6.1000
6.0200
New Car Loans
4.1500
3.2300
3.3300
Used Car Loans
5.3300
4.0000
4.5000
1st Mortgage Real Estates
6.0000
4.6000
4.2500
Other Real Estates
n/a
5.0000
4.7000

Dakota West Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Dakota West Credit Union.

Electronic Banking Service Offerings

Membership Application
No
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
No
No
New Share Account
No
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
Yes
No
View Account History
Yes
No

As a community financial institution, Dakota West Credit Union actively involves in local communities by prliding services such as first tim home buyer programs, and student scholarships.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
No
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
Yes
Insurance/Investment Sales
No
First Time Homebuyer Program
Yes
Dakota West Credit Union
Main Office

340 N Main St
Watford City, ND 58854
Phone:701-444-6484

Dakota West Credit Union Bowman Branch
211 1st Ave Sw
Bowman, ND 58623
Phone:701-523-5479

Dakota West Credit Union Mohall Branch
202 Main St E
Mohall, ND 58761
Phone:701-756-6883

Dakota West Credit Union New England Branch
900 Main St
New England, ND 58647
Phone:701-579-4708

Dakota West Credit Union Turtle Lake Branch
118 Main St
Turtle Lake, ND 58575
Phone:701-448-9220

Dakota West Cu – Grenora Branch
115 Main St
Grenora, ND 58845
Phone:701-694-3373

Dakota West Cu-new Town Branch
501 East Ave
New Town, ND 58763
Phone:701-627-3737

Dakota West Cu-washburn Branch
1187 Border Lane
Washburn, ND 58577
Phone:701-462-8187

Stanley Branch
120 12th Avenue Se
Stanley, ND 58784
Phone:701-628-6484

(701) 444-3829

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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