Black Hills Federal Credit Union is headquartered in Rapid City and is the largest credit union in the state of South Dakota. It is also the 209th largest credit union in the nation. It was established in 1941 and as of September of 2024, it had grown to 396 employees and 105,311 members at 19 locations. Black Hills Federal Credit Union has a B+ health rating.
Membership in Black Hills Federal Credit Union is open to those who live, work, worship, volunteer, or attend school, and businesses or other legal entities, in the South Dakota counties of Buffalo, Butte, Clay, Custer, Dewey, Fall River, Haakon, Hughes, Hyde, Jerauld, Lawrence, Lincoln, Meade, McCook, Miner, Minnehaha, Pennington, Sanborn, Stanley, Sully, Turner, Union, Yankton, or Ziebach; the Wyoming counties of Campbell, Converse, Crook, Johnson, Laramie, Natrona, Niobrara, Platte, Sheridan, or Weston; or the Montana counties of Big Horn or Yellowstone.
See current membership details
Overall | |
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NCUA # | 4365 |
Year Chartered | 1941 |
Employees | 396 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.51% |
Return on Equity - YTD | 5.84% |
Annual Interest Income | $85.1MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $2.33B$2.27B |
Loans | Q3 2024vs Q3 2023 | $1.76B$1.67B |
Deposits | Q3 2024vs Q3 2023 | $1.93B$1.87B |
Equity Capital | Q3 2024vs Q3 2023 | $202.9MM$173.4MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $9MM$8.5MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $18.6MM$10MM |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$122K |
Rates for Black Hills Federal Credit Union are currently being reviewed.