November 29, 2012

Lakota Federal Credit Union Up and Running

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 […]

October 6, 2012

New Financial Institution Marks Milestone for Pine Ridge Indian Reservation

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 […]

August 31, 2012

South Dakota Reservation to Get First Credit Union

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 […]

December 28, 2011

Credit Union Could Lead to Reservation Jobs

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 […]

December 20, 2011

Proposed Reservation Credit Union Would Make Banking More Accessible

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 […]