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 206th largest credit union in the nation. It was established in 1941 and as of June of 2024, it had grown to 408 employees and 103,788 members at 18 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
Employees408
Primary Regulator
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD6.97%
Annual Interest Income$55.6MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$2.34B$2.23B
LoansQ2 2024vs Q2 2023$1.78B$1.63B
DepositsQ2 2024vs Q2 2023$1.9B$1.79B
Equity CapitalQ2 2024vs Q2 2023$192.7MM$173.6MM
Loan Loss AllowanceQ2 2024vs Q2 2023$9.1MM$8.5MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$17.3MM$7.8MM
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

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Locations

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