Community lenders · South Dakota
Data from November 2026
CDFIs and community banks in South Dakota
13 institutions based in South Dakota hold CDFI certification from the Treasury Department’s CDFI Fund.
Key numbers in South Dakota
- Certified CDFIs
- 13
- certified by the Treasury’s CDFI Fund
- Credit unions
- 4
- credit unions among the CDFIs
- Hispanic-owned banks
- 0
- Hispanic American owned, per the FDIC
What they are
What they are and how to use this list
These are the definitions of the agencies that certify them: the Treasury’s CDFI Fund and the FDIC. Being on the list is not our recommendation.
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What a CDFI is
It is a certification the Treasury’s CDFI Fund gives to specialized organizations that provide financial services in low-income communities and to people who lack access to financing. They can be banks, credit unions or loan funds.
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What a minority depository institution (MDI) is
The FDIC uses the term for an insured bank where minority individuals own most of the voting stock, or whose board is mostly minority and serves a mostly minority community. Here you see the ones the FDIC lists as Hispanic American owned.
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Before you choose
This list is not a recommendation. Each institution decides whom it serves, what it offers and on what terms. Ask about costs and compare before you sign.
According to CDFI certification (CDFI Fund)Minority depository institutions (FDIC)
The CDFI Fund’s list
CDFIs based in South Dakota
CDFI Fund list as of September 17, 2026. Many serve several states; here they appear by the state of their main office.
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Akiptan, Inc.
Loan fund · Eagle Butte Native CDFI
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Coteau Valley Federal Credit Union
Credit union · Sisseton
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Dakota Resources
Loan fund · Renner
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Fort Randall Federal Credit Union
Credit union · Wagner
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Four Bands Community Fund, Incorporated
Loan fund · Eagle Butte Native CDFI
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Grow South Dakota
Loan fund · Sisseton
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Lakota Federal Credit Union
Credit union · Kyle Native CDFI
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Lakota Fund, Inc., The
Loan fund · Kyle Native CDFI
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Mazaska Owecaso Otipi Financial, Inc
Loan fund · Pine Ridge Native CDFI
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Neighborhood Lending Services, LLC
Loan fund · Deadwood
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Rural Electric Economic Development, Inc.
Loan fund · Madison
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Sisseton Wahpeton Federal Credit Union
Credit union · Agency Village Native CDFI
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South Eastern Development Foundation
Loan fund · Sioux Falls
None match your search.
We do not recommend any institution. Check each one’s products, requirements and costs. Source: Certified CDFI list (CDFI Fund, Treasury) As of September 17, 2026 Certified CDFI list (CDFI Fund, Treasury) (external site)
Hispanic-owned banks
Hispanic American owned banks in South Dakota
The FDIC list has no Hispanic American owned banks based in South Dakota. Nationwide it has 14.
Source: Hispanic American owned minority depository institutions (FDIC) As of November 6, 2026 Hispanic American owned minority depository institutions (FDIC) (external site)
Frequently asked questions
Can a CDFI lend to me if I have little credit or use an ITIN?
It depends on each institution. CDFIs are certified for serving communities and people with little access to financing, but each sets its own rules. This list does not say what each one offers: ask them directly.
Why is an institution I know not listed?
The CDFI Fund list gives the state of the main office. Many institutions serve several states, so you can also search the CDFI Fund’s full list.
How current is this data?
The CDFI Fund list we use is from September 17, 2026, and the FDIC list from November 6, 2026. Both change when an institution gains or loses its status.