About Us

A commitment to quality

Our Mission

Provide diverse and competitive financial services with a personal touch to meet the needs of our community.

Minuteman FCU Offers 5-star Services

Minuteman Federal Credit Union continues to receive the 5 star superior rating each quarter from BauerFinancial, Inc. The 5-Star rating recognized our superior performance and strength based on an evaluation of the most recent financial data with federal regulators. As stated by Karen Dorway, president of BauerFinancial, Inc., “The nation’s credit union’s are posting solid increases across the board: not just membership rates, but assets, loans, shares and net worth were up significantly last year. Minuteman Federal Credit Union is a glowing example of everything that credit unions are about. It’s no wonder Minuteman FCU continues to come out on top.”

Minuteman FCU has a growing commitment to the best quality of service throughout the state of South Dakota.We have made it our responsibility to provide the best possible service to our members.




Credit unions are not-for-profit financial cooperatives. We exist to serve our members, not to make a profit. Unlike most other financial institutions, credit unions do not issue stock or pay dividends to outside stockholders. Instead, earnings are returned to our members in the form of lower loan rates, higher interest on deposits, and lower fees.


Credit unions do pay taxes – payroll taxes, sales taxes, and property taxes. Congress exempts credit unions from federal income taxes. The exemption was established in 1937, affirmed by statute in 1951, and re-affirmed in 1998 in H.R. 1151, the Credit Union Membership Access Act, which states:

Credit unions, unlike many other participants in the financial services market, are exempt from Federal and most State taxes because credit unions are member-owned, democratically operated, not-for- profit organizations generally managed by volunteer boards of directors and because they have the specified mission of meeting the credit and savings needs of consumers, especially persons of modest means.”


Credit unions are economic democracy. Each credit union member has equal ownership and one vote — regardless of how much money a member has on deposit. At a credit union, every customer is both a member and an owner.

Volunteer Boards.

Each credit union is governed by a board of directors, elected by and from the credit union’s membership. Board members serve voluntarily.

Membership Eligibility.

By current federal statute, credit unions cannot serve the general public. People qualify for a credit union membership through their employer, organizational affiliations like churches or social groups, or a community-chartered credit union.

Financial Education for Members.

Credit unions assist members to become better- educated consumers of financial services. Additionally, CUNA is partnering with the National Endowment for Financial Education, a not-for-profit foundation, to expand financial education among high school students. A national study shows that just ten hours of personal finance education can positively affect students’ spending and savings habits for a lifetime.

Social Purpose: People Helping People.

Credit unions exist to help people, not make a profit. Our goal is to serve all of our members well, including those of modest means – every member counts. Our members are fiercely loyal for this reason. They know their credit union will be there for them in bad times, as well as good. The same people-first philosophy causes credit unions and our employees to get involved in community charitable activities and worthwhile causes – just ask us.


Minuteman FCU has a community charter and serves the following:

Persons who live, work, worship, volunteer, or attend school in and businesses and other legal entities located within Pennington County, South Dakota.

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