KYLE, S.D. – Lakota FCU, the first federally insured financial institution on the Pine Ridge Reservation, home to the Sioux Indian tribe, opened Friday.

“It is the first time that we have a financial institution on the Pine Ridge Reservation, and the difference it will make is enormous,” said Sen. Tim Johnson, D-S.D., and chairman of the Senate Banking Committee, who was at Friday’s opening ceremony.

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