Vermillion Federal Credit Union

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A short history of Vermillion FCU

Since its inception in 1959 the Vermillion Federal Credit Union has been serving its members in the VERMILLION, South Dakota area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Janet Mount, the Vermillion FCU has grown its membership to over 2,392 with assets of more than $17,398,598. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (605) 677-5214 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in VERMILLION, SD.

General Information For Vermillion FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 12983
Address 105 E CHERRY ST 
State South Dakota 
Zip-Code 57069
Phone Number (605) 677-5214
Fax Number (605) 677-5449
Email Address:
CEO/President Janet Mount
Members 2,392 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 17,398,598 

Compare Vermillion Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Services Center CU Yankton 609 W 21st St 57078 (605) 665-4309 No 21.00

Vermillion Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Vermillion Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.50 3.54 4.88 5.09 5.97
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 297 214 310 277 337
Rank Among All South Dakota Credit Unions 8 19 18 18 21

Vermillion Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 N/A 0.68 N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 N/A 229 N/A
Rank Among All South Dakota Credit Unions N/A 14 N/A 15 N/A
Vermillion Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.5009086,652
All Other Unsecured Loans/Lines of Credit 8.510335501,508
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.54034653,412
Used Vehicle Loans 4.8803713,146,112
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.090461,949,305
Total Other Real Estate Loans/Lines of Credit 5.970371,039,782
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.0001401,093,966
TOTAL LOANS & LEASES 1,0538,470,737

Vermillion Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 4325,46800
    b. 15 Years or less 421,623,8376454,700
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 371,039,782470,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 832,989,08710524,700


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Vermillion Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes