Policies & Procedures


Free Lakota Bank – a private and sovereign property storage and security service.

Account Holder – refers to that individual that owns, controls or has a legal right by assignment to use the email address and related security measures attached to specific property or agreement(s) with Free Lakota Bank.

Demand Deposit Account – a simple record of property storage. Such a record of storage may be established by an individual or awarded by Free Lakota Bank as a benefit to an Account Holder establishing a General Development Fund Account.

General Development Fund Account – a simple record of property loaned to Free Lakota Bank in return for agreed consideration dependent on the terms of the individual contract.

General Development Fund Contract – a loan of property agreement between an Account Holder and Free Lakota Bank for a specific period of time and in consideration of a specific rate of return.

OOB (Out of Band) – on a communication network other than the Internet.

OOB Token – any device operating on a communication network other than the Internet through which an Account Holder can exchange communication. For example, cellular telephones are the most commonly chosen OOB Token.



Privacy Policy

Free Lakota Bank goes to considerable lengths to ensure that your privacy is protected. This includes requiring only a limited amount of identifying information, namely a working e-mail address. This serves also as our primary communication line to account holders.

Reporting Fraud

 Should you ever suspect your account has been compromised in any way, please contact our Service Department immediately at service@freelakotabank.com.

Preventing Fraud

¬†You are encouraged to take every precaution to prevent fraud and to protect the security of your account by incorporating the latest in keystroke encryption software such as that provided by StrikeForce’s GuardedID. In addition we strongly encourage all account holders to secure their password and personal identification code number in a safe place such as with your personal papers only to be available to your immediate family or personal lawyer.


Frequesntly Asked Questions


Is the Free Lakota Bank only available for Lakota members?

The Free Lakota Bank is open to ANYONE who would like to utilize the services available. We do not discriminate on any basis and our services are available to one and all who wish to store their property and transact business honestly, safely and privately.

Does the Free Lakota Bank report my account activities or balance to any outside agency?

The Free Lakota Bank does not acquire sufficient identifying information from its account holders to monitor or report account activity to any outside agency. Further the Free Lakota Bank does not recognize the authority of any agency, group or organization to monitor the actions of anyone utilizing our property storage and business services.

Can I have multiple accounts such as for personal, business and other purposes?

You can hold as many accounts as you desire. Each separate account established will require a separate e-mail address for activation.

Can I use Free Lakota Bank with my IRA?

Coming Soon.

Is Free Lakota Bank insured by the FDIC?

The Free Lakota Bank is not a member of the commonly recognized fractional reserve/central banking system and therefore does not participate in the FDIC. All property is privately insured and vaulted.

Can you explain the account fees again.

If an Account Holder holds only a Demand Deposit Account, it will carry a one ounce per month fee for storage maintenance and accounting. However, anyone who selects to deposit into a General Development Fund contract may be awarded a Demand Deposit Account. This is done primarily in order to provide an account into which interest may be paid on the contract. All fees are currently waived if the Account Holder is awarded the Demand Deposit Account as a result of opening a General Development Fund contract. Where the fees are applicable, the fee is deducted from the Demand Deposit Account balance every 30 days beginning on the date of property receipt.