With April as National Financial Literacy Month quickly approaching, the staff at the Lakota Federal Credit Union, the only federally-insured financial institution on the Pine Ridge Reservation, is celebrating reaching and exceeding the 500 mark in new members. Read the full […]
A line of customers stretched out the door at the Kyle credit union on Thursday as Native Americans who were part of a federal land settlement waited to cash $1,000 checks that began arriving in the mail late last week. […]
The Lakota Federal Credit Union in Kyle officially opened its doors Wednesday. Within 24 hours staff had signed up 26 new members and made their first loan, said Tawney Brunsch, board chairman for the credit union, which is the first federally-insured financial institution […]
Lynn DuBray and her children can’t wait to join their credit union when it opens next month on the Pine Ridge Indian Reservation. “I’m very excited for it,” said DuBray, a parent educator at Little Wound School in Kyle. “This is going to […]
The Pine Ridge Indian Reservation in South Dakota is getting its first credit union. The National Credit Union Administration has announced that it has approved the charter for Lakota Federal Credit Union. The low-income designation credit union is expected to […]
There are a number of reasons why more economic development does not occur on South Dakota’s tribal lands, one of which is the lack of financial institutions. That hurdle may get lower on the Pine Ridge Reservation if a planned […]
Every two weeks on a Wednesday night, Samantha White leaves her Kyle home and drives the 87 miles to downtown Rapid City where she drops her paycheck into a night deposit box at a Wells Fargo bank before doing some […]
