Financing to farm management, count on our expertise.
Dacotah Bank's roots in supporting the agricultural needs of our communities run deep.
Agricultural Loans
Dacotah Bank Ag Bankers can customize operating lines to fit your needs. We can help accomplish your goals with a term loan, line of credit, equipment leasing.
We can also locally service South Dakota Department of Agriculture Loans and Farm Service Agency (FSA) Loans.
- Inventory or business improvements
- Vehicles, machinery, and equipment
A business line of credit prepares you for unexpected expenses or sudden opportunities. A line of credit is a flexible form of financing with a variable payment schedule.
Checking & Debit
Get more from your checking account. With customized checking accounts to choose from, Dacotah Bank can match you with the one that supports the success of your agricultural business.
- Bronze Checking
- Silver Checking
- Blue Checking
- Platinum Business Checking
- Gold Business Checking
No matter what your typical balance amount is, the number of checks you write or deposits you make, Dacotah Bank will match your ag business with the checking account that works for you.
Agricultural Insurance
Our Ag Insurance Team is focused on building relationships and developing unique ag insurance solutions. From ag-related insurance services such as crop and farm and ranch insurance, to personal needs like homeowners and health insurance, reach out to one of our Trusted Choice agents today.
- Crop Insurance
- Ag Liability and Property Insurance
- Commercial Auto Insurance
- Liability Umbrella Insurance
- Workers Compensation
- Health Insurance
- Homeowners Insurance
- Life Insurance
Card Solutions
A business credit card and debit card from Dacotah Bank could be just what your agricultural operation needs. Whether your priorities are convenience, earning cash back rewards, or easy online management, we have you covered.
Card solutions include:
- Business Debit Cards
- Business Rewards Credit Card
- Visa Gift and Travel Cards
- Reloadable Visa Cards
Treasury Management
Dacotah Bank's Treasury Management Services offer a fantastic opportunity to enhance your ag business's cash flow, improve liquidity, and optimize your return on investment. With our assistance, you can save money and minimize risk.
- Online Business Banking
- Automated Clearing House (ACH)
- Online Deposit
- Quickly and easily initiate Wire Transfers
- Direct Deposit Payroll
- Automated Sweeps between accounts to maximize earnings and reduce interest expense
Money Market Savings
Let your money work for you with a Dacotah Bank money market account. Contact us today to see which account is best for you.
- Money Market
- Gold Money Market
- Money Manager Account
- Certificates of Deposit
- Retirement Accounts
Federal Ag Programs Loans
As a FSA (Farm Service Agency) Preferred Lender, Dacotah Bank will help farmers and ranchers purchase or enlarge family farms, improve and expand current operations, increase agricultural productivity, and assist with land tenure to save farmland for future generations.
Dacotah Bank will service your loan locally and complete all necessary paperwork. Eligibility requirements apply.
FSA Loan proceeds may be used for:
- General farm operating
- Crop
- Livestock
- Equipment
- Land
- Farm improvements
For more information on Federal Agricultural Loans, please reach out to your local Ag Banker today.
Farm & Ranch Management
Dacotah Bank has a customer-comes-first approach to you and your ag business. We provide a variety of farm management approaches that will fit your needs and keep your ag business growing.
We manage agricultural land and assets as well as oil, gas, and mineral rights. Your land will be managed professionally and with proper stewardship.
Think outside the box. Lease.
Leasing options for your business or agricultural operation.
An effective approach to enhance a business's cash flow could be opting to lease rather than applying for a loan. Obtain essential equipment for a contracted amount of time with a determined rate rather than making an outright purchase. This strategy allows you to spread the initial cost over a specific term, including an incorporated interest cost, aiding in capitalization and cash flow management.
Leasing factors to consider.
- Equipment price
- Interest rate
- Lease term
- Estimated residual value at the lease end
Your neighbor, a familiar face. These are the Dacotah Bank Ag Bankers in your communities. Ag Team
Bank on your time, wherever you want.
The Dacotah Bank App and Online Banking
We offer 24/7 access to your accounts with our secure online banking. Log in and access your accounts at home or on your journey and easily check balances, transfer money or make a deposit. Dacotah Bank has you covered all day, every day.
Download the Dacotah Bank App today.
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Nathan is a dedicated Agricultural Banker with over five years of experience in the Ag industry. He is committed to developing lasting relationships with area farmers and ranchers based on trust and open communication. His goal is to provide tailored solutions to the complexities of each unique relationship in a manner that fosters sustained growth and success.
In his free time, Nathan enjoys spending time with his wife, Jorden, and their two daughters, Zaylee (5) and Noli (2). He also enjoys spending time at the lake, golfing, and is a big sports fan.
Contact Nathan today!
Nathan BeckmanMinot Ag Banker
