Overview / Commentary
Highmark Federal Credit Union is headquartered in Rapid City and is the 5th largest credit union in the state of South Dakota. It is also the 1,321st largest credit union in the nation. It was established in 1940 and as of December of 2019, it had grown to 49 employees and 11,656 members at 4 locations. Highmark Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Highmark Credit Union is open to those who live, work, worship, or attend school in the South Dakota counties of Butte, Custer, Fall River, Harding, Lawrence, Meade. and Pennington, or the Wyoming counties of Campbell, Crook, Niobrara, or Weston Counties.
See current membership details
Health
B+
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4122 |
| Year Chartered | 1940 |
| Employees | 49 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.5% |
| Return on Equity - YTD | 5.85% |
| Annual Interest Income | $6.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $142.8MM$139.5MM |
| Loans | Q4 2019vs Q4 2018 | $122.7MM$114.2MM |
| Deposits | Q4 2019vs Q4 2018 | $124.4MM$120.2MM |
| Equity Capital | Q4 2019vs Q4 2018 | $12.1MM$11.4MM |
| Secondary Capital | Q4 2019vs Q4 2018 | $300.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $532.00K$406.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $469.00K$1.8MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |