Black Hills Federal Credit Union
Overview / Commentary
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 234th largest credit union in the nation. It was established in 1941 and as of June of 2022, it had grown to 350 employees and 84,895 members at 15 locations. Black Hills Federal Credit Union has an A 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 Pennington, Buffalo, Butte, Custer, Dewey, Fall River, Haakon, Hughes, Hyde, Jerauld, Lawrence, Lincoln, Meade, McCook, Miner, Sanborn, Stanley, Sully, Turner, or Ziebach Counties in South Dakota.
See current membership details
Related Posts
Health
A
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4365 |
| Year Chartered | 1941 |
| Employees | 350 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.03% |
| Return on Equity - YTD | 12.02% |
| Annual Interest Income | $30.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $1.95B$1.82B |
| Loans | Q2 2022vs Q2 2021 | $1.30B$1.11B |
| Deposits | Q2 2022vs Q2 2021 | $1.73B$1.61B |
| Equity Capital | Q2 2022vs Q2 2021 | $167.0MM$179.1MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $6.3MM$5.5MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $5.9MM$1.7MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
