AREA
Federal • ABERDEEN, South Dakota • Est. 1935
Quick Facts
- Charter Number
- #274
- Type
- Federal
- Established
- 1935
- Headquarters
- ABERDEEN, South Dakota 57402-1495
- Address
- PO BOX 1495
- Branches
- 2
- ATMs
- 1
- Members
- 11,726
- Membership Type
- Other/Unknown
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Exceptionally well-capitalized with outstanding net worth ratio, very low delinquency, and strong earnings. One of the most financially sound credit unions in the country.
Financial Overview
Total Assets
Members
11,726 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | AREA |
|---|---|
| Total Assets | $196.3M |
| Members | 11,726 |
| Loans Outstanding | $133.4M |
| Shares & Deposits | $163.1M |
| Net Worth | $32.8M |
| Net Worth Ratio | 16.72% |
| Loan-to-Share Ratio | 81.8% |
| Delinquency Rate | 0.55% |
| Net Income | +$2,877,915 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
2 locations · 1 ATMs
Area Federal Credit Union
Main Office2324 8TH AVE NE
ABERDEEN, SD 57401
Watertown Temporary Branch
113 1st Ave NW
Watertown, SD 57201
Who Can Join AREA?
Membership Type: Other/Unknown
Membership eligibility for AREA may vary. Contact the credit union directly to confirm qualification requirements.
Contact AREA directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View South Dakota RankingsFrequently Asked Questions
Yes. AREA is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, AREA has 11,726 members and a potential membership field of 87,586 people.
AREA's net worth ratio is 16.72% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 16.7%, AREA meets this threshold.
AREA operates 2 branch locations and has access to 1 ATMs. The main office is located at 2324 8TH AVE NE, ABERDEEN, SD 57401.
AREA was established in 1935. It is a federal credit union chartered under charter number 274. The institution has been serving members for 91 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or AREA. All financial data is for informational purposes only.