Vermillion Federal Credit Union

Vermillion Federal Credit Union is a not-for-profit financial institution located in Vermillion, South Dakota. Established in 1959, the credit union has a team of 5 to 9 employees and generates annual revenue of $2.5 million. Vermillion Federal Credit Union provides a wide range of financial services to its members, including loans and savings accounts. Membership is open to individuals who work, live, worship, or attend school in Clay County, South Dakota, and Dixon County, Nebraska. The credit union emphasizes competitive loan and dividend rates due to its not-for-profit status. As a credit union, Vermillion Federal Credit Union distinguishes itself through its democratic, member-owned structure. Members elect volunteer board members who govern the institution. This cooperative model allows the credit union to prioritize member needs and offer financial services in a transparent and accountable manner. For inquiries or to learn more about membership, prospective members can visit the Vermillion Federal Credit Union website at vermillionfcu.com.