AREA
Federal • Aberdeen, South Dakota • Est. 1935
Quick Facts
- Charter Number
- #274
- Type
- Federal
- Established
- 1935
- Headquarters
- Aberdeen, South Dakota 57401
- Address
- 2324 8TH AVE NE
- Branches
- 2
- ATMs
- 1
- Members
- 11,751
- Membership Type
- Other/Unknown
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
Under CUScore's rules, this institution reports a net worth ratio of at least 10% and a delinquency rate below 1%. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
11,751 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | AREA |
|---|---|
| Total Assets | $200.2M |
| Members | 11,751 |
| Loans Outstanding | $135.8M |
| Shares & Deposits | $166.6M |
| Net Worth | $33.5M |
| Net Worth Ratio | 16.72% |
| Loan-to-Share Ratio | 81.5% |
| Delinquency Rate | 0.48% |
| Net Income | +$0 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
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.
Find More Credit Unions in South Dakota
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View South Dakota RankingsFrequently Asked Questions
AREA is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, AREA has 11,751 members and a potential membership field of 88,001 people.
AREA's reported net worth ratio is 16.72% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
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 (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or AREA. All financial data is for informational purposes only.