Serving the Pine Ridge Reservation, the Lakota Federal Credit Union opened in November 2012 with the goal of creating a financially inclusive economy. With $3.5 million in deposits, it has disbursed $2.2 million in loans and provided quality financial services to more than 1,800 members, the Oglala Lakota, to enable them to save, plan and provide for their futures.
Website:
Amount:
$240,000
Interest Rate:
Variable
Strategy:
Move Cash to Community Development Finance Institutions
State:
South Dakota
Country:
United States
Region:
North America
Type:
Money Market
Status:
Active
Portfolio:
CDFI