Lakota Federal Credit Union Stories and Data

Lakota Federal Credit Union Stories

Chasing Dandelions brings Play Therapy to Aberdeen

Aberdeen,
South Dakota

Grow South Dakota

Autumn Neigel founded Chasing Dandelions Play Therapy and Counseling Services, a one-of-a-kind business in her community.

A New Lease on Life

Aberdeen,
South Dakota

Grow South Dakota

After 28 years in the business, Anthony Schwan, owner of Anthony Jewelers, fell ill and had to sell his business…

Makoche Clothing Company

Lake Andes,
South Dakota

Native360 Loan Fund

Gary Drapeau fulfilled his dream of opening a screen printing business in Lake Andes, South Dakota. The Makoche Clothing Company debuted their apparel line in the summer of 2017 with a casual collection of shirts…

CDCU Impact Profile: Lakota Federal Credit Union

Kyle,
South Dakota

Lakota Federal Credit Union

With the mission of “empowering dreams, enriching community,” Lakota Federal Credit Union is the first federally insured financial institution on the 2.2-million-acre Pine Ridge Reservation. Lakota FCU strives to support the Lakota people and the communities they live in to achieve financial security and well-being.

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Lakota Federal Credit Union Fact Sheet

Testimonials

I support Community Development Financial Institutions (CDFIs) because they are essential in promoting equitable economic growth and community development. At GROW SD, we see how CDFIs empower underserved populations by providing tailored financial solutions that create housing stability and sustainable businesses. Their commitment to reinvesting in local economies aligns with our mission to enhance community well-being. By supporting CDFIs, we can help build stronger, more resilient communities where everyone has the opportunity to thrive.

-Kristin Hofland, GROW South Dakota, Sisseton, SD

I support CDFIs because they provide needed capital for small businesses and first-time homebuyers. This capital allows people to build wealth and/or provide a product/service to their community, which leads to economic prosperity for the local area. Because the financing is provided as a loan, clients are equally invested in the success of their home/business.

-Megan Fischer, GROW South Dakota, Sisseton, SD

We are a nonprofit Chamber of Commerce that does microlending for small businesses. We work with a CDFI bank and are trying to get CDFI certification.

-Immanuel Bassey, South Dakota Black Chamber of Commerce, Sioux Falls, SD

Lakota Federal Credit Union Stories and Data