| Credit Union Charter #14874

Explorers

South Dakota JSON

Institution Profile

Address: 609 W 21ST ST YANKTON, SD 57078

(605) 665-4309

Website:

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NCUA Profile:

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Charter Date:

1/1/1962

Charter Type:

Federal

Branches:

4

Branches by Region
SD 4

Financial Overview

Total Assets
$108.25M
Total Deposits
$96.88M
Total Loans
$65.16M
Members
9,037
Employees
30 29 Full-time / 1 Part-time
Allowance for Loan Losses
$278,091

Performance Ratios

Net Worth Ratio
9.70%
Loan-to-Deposit Ratio
67.25%
Coverage Ratio
0.43% Allowance / Total Loans

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: +44.51% Total Deposits: +42.70% Total Loans: +28.97% since 2020 Q1

Member Growth

Member Growth

Members: +16.20% since 2020 Q1

Employee Growth

Employee Growth

Employees: +11.11% since 2020 Q1

Loan Originations

New loans granted per quarter (calculated from YTD figures)

Loans This Year (YTD)
1,137
Amount This Year (YTD)
$23.32M

Number of Loans per Quarter

Loans Granted: -23.92% since 2020 Q1

Loan Amount per Quarter

Amount Granted: -53.11% since 2020 Q1

Loan Portfolio Breakdown

Current outstanding balances by loan type

1st Mortgages
$24.51M 37.6%
Used Vehicle
$23.30M 35.8%
HELOCs
$6.56M 10.1%
New Vehicle
$3.90M 6.0%
Other Secured
$2.83M 4.3%
Credit Card
$1.84M 2.8%
Other Unsecured
$906,140 1.4%
Student Loans
$861,845 1.3%
Commercial & Industrial
$417,995 0.6%
CRE: Non-Owner-Occupied
$30,640 0.0%

Portfolio Distribution

Historical Data Table

QuarterMembersTotal AssetsTotal DepositsTotal LoansEmployees
2025 Q4 9,037 $108.25M $96.88M $65.16M 30
2025 Q3 9,035 $106.82M $95.54M $66.84M 29
2025 Q2 8,996 $106.57M $95.80M $65.58M 32
2025 Q1 8,956 $108.46M $97.91M $63.67M 30
2024 Q4 8,928 $103.81M $93.36M $64.36M 30
2024 Q3 8,995 $103.53M $92.93M $64.07M 28
2024 Q2 9,025 $107.21M $96.07M $65.29M 29
2024 Q1 8,989 $105.97M $95.39M $65.72M 29
2023 Q4 9,040 $105.65M $95.48M $68.90M 29
2023 Q3 8,950 $100.79M $90.88M $70.80M 28
2023 Q2 8,838 $105.52M $96.34M $71.20M 30
2023 Q1 8,779 $107.90M $98.95M $71.82M 27
2022 Q4 8,752 $108.16M $99.06M $73.26M 28
2022 Q3 8,770 $110.00M $101.32M $75.05M 28
2022 Q2 8,702 $106.24M $97.68M $73.95M 30
2022 Q1 8,592 $105.17M $96.71M $71.35M 28
2021 Q4 8,525 $101.80M $93.48M $71.06M 29
2021 Q3 8,439 $96.62M $88.41M $70.00M 25
2021 Q2 8,357 $97.73M $89.81M $69.10M 27
2021 Q1 8,253 $96.91M $89.36M $64.97M 25
2020 Q4 8,167 $87.97M $80.22M $62.00M 24
2020 Q3 8,070 $83.75M $76.25M $55.97M 27
2020 Q2 7,895 $81.84M $74.44M $51.96M 24
2020 Q1 7,777 $74.91M $67.89M $50.52M 27

Interest Rates

Current average rates by loan type

New Vehicle
5.14%
Used Vehicle
6.53%
1st Mortgage (Fixed)
6.85%
HELOC
4.93%
Credit Card
14.45%
Other Unsecured
13.00%