Credit Union

Proposed Lakota Federal Credit Union

Since the Oglala Sioux Tribe accepted the Indian Recognition Act in 1935, the Pine Ridge Reservation has not had a depository financial institution of its own. Several decades without readily accessible basic financial services has had a devastating effect on our families and local economy. However, in 2009 the Lakota Funds, staying true to our mission of “promoting the socio-economic sustainability of Oglala Lakota Oyate (people)," started in pursuit of a dream to establish the proposed Lakota Federal Credit Union to serve the people of the Pine Ridge Reservation. The proposed credit union will provide basic banking services to help our people achieve their financial goals, and in turn help our local economy to thrive.

The proposed Lakota Federal Credit Union Steering Committee is currently in the fundraising phase of this project. Our estimated start-up costs are just under $65,000, and we are nearly half way there. Donate now to help us reach our goal.

With Lakota Funds heading this project, we are on track for success. Lakota Funds works to improve the quality of life on the Pine Ridge Reservation by giving tribal members a better understanding of their finances, options for saving, and asset growth. Having assisted over 660 aspiring Indian entrepreneurs in their twenty-five years of existence, Lakota Funds has witnessed first-hand the dire need for financial services for the Oyate and strongly believes the credit union will benefit the people and the community.