The early history of Huron is closely linked with the Chicago and Northwestern Railway. At the direction of Marvin Hughitt, General Manager of the Railroad, the west bank of the James River was selected as the division headquarters of the railroad. The company gained title to 880 acres of land at that location. Huron formed and named for the Huron Indians in 1880. Exactly who gave it the name was never established, apparently either Marvin Hughitt or someone in the Chicago office of the C&NW railroad company.
According to the history books, Dakotaland Federal Credit Union came from humble beginnings in Huron as Armour Federal Credit Union with a mere 10 members in 1935. In 1983, the Credit Union's only sponsor group, Armour Meat Packing plant closed leaving 550 members wondering if they would lose their credit union permanently. The Board of Directors chose to expand the field of membership to include other employer groups in Huron and changed the Credit Union's name to Dakotaland Federal Credit Union. In 1997, another plant closing (Dakota Pork), gave way to community charter approval for Dakotaland. With nearly 6,000 existing members, the Credit Union opened its doors and services to anyone who lived or worked in Beadle County.
Dakotaland Federal Credit Union created the North Branch location at 321 Dakota Avenue North in December of 2005. In 2010 the Credit Union obtained a 25 county rural community charter expansion. This charter allows Dakotaland to extend credit union services to anyone who lives, works, worships or attends school in the counties of Beadle, Jerauld, Sanborn, Kingsbury, Brookings, Moody, Lake, Miner, McCook, Hanson, Davison, Aurora, Brule, Buffalo, Hand, Hyde, Hughes, Sully, Faulk, Spink, Clark, Codington, Hamlin, Grant and Deuel.