Black Hills Federal Credit Union


Overview / Commentary
605-718-1818
2700 N Plaza Dr
Rapid City, SD 57702

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 215th largest credit union in the nation. It was established in 1941 and as of December of 2024, it had grown to 396 employees and 105,901 members at 19 locations. Black Hills Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

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

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Health
B+

Health Grade Components

Overall
NCUA #4365
Year Chartered1941
Employees396
Primary Regulator
Profit Margin
Return on Assets - YTD0.46%
Return on Equity - YTD5.34%
Annual Interest Income$114.1MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$2.3B$2.32B
LoansQ4 2024vs Q4 2023$1.72B$1.71B
DepositsQ4 2024vs Q4 2023$1.93B$1.9B
Equity CapitalQ4 2024vs Q4 2023$199.2MM$185.3MM
Loan Loss AllowanceQ4 2024vs Q4 2023$9.7MM$9.6MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$19.5MM$18.1MM
Real Estate OwnedQ4 2024vs Q4 2023$0$129K
Rates

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Locations

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