Mission and History
Dakota Star Federal Credit Union is a full service federal credit union located in Rapid City, South Dakota. We offer a complete menu of financial products and services to our members. Because we are a not-for-profit credit union, all of our proceeds are returned to our members in the form of higher yields on their savings and lower rates on their loans. We also offer a complete compliment of financial services in addition to our savings and loan products. This includes, free checking accounts, ATM cards, credit and debit cards, and internet banking. We believe what sets us apart from other financial institutions is ownership. Dakota Star Federal Credit Union is owned by our members. That means each member has a voice on how the credit union is run. We are also proud of the outstanding personal service we strive to provide.
Our mission is to provide competitive financial and related services in a professional and friendly atmosphere. To insure growth and confidence in our credit union and reflect a good image in the community. To maintain a challenging and rewarding atmosphere and encourage the personal growth of the employees. To be flexible in responding to and accepting changes in trends and conditions. To always consider the credit union philosophy of "Good Old Fashioned Service" to our members in all our deliberations and decisions.
Dakota Star Federal Credit Union was established in 1952 in Rapid City, South Dakota as Buckingham Employee Federal Credit Union. Originally, our credit union was founded to serve the employees of Buckingham Wood Products. Over the years things changed as the credit union grew. We began serving other select employee groups whose employees needed credit union service and the credit union grew. In 1975, we changed our name to United Building Trades Federal Credit Union and began serving people who worked in the building trades industry.
In 2001, we changed our name to Dakota Star Federal Credit Union to better reflect the people and the region we serve. By becoming a Community Credit Union, we now serve everyone who lives, works, worships or attends school in Pennington County!