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 1,271st largest credit union in the nation. It was established in 1940 and as of June of 2020, it had grown to 47 employees and 11,909 members at 4 locations. Highmark Federal Credit Union has an A 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
A
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4122 |
| Year Chartered | 1940 |
| Employees | 47 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.6% |
| Return on Equity - YTD | 7.67% |
| Annual Interest Income | $3.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $169.5MM$139.9MM |
| Loans | Q2 2020vs Q2 2019 | $137.3MM$117.3MM |
| Deposits | Q2 2020vs Q2 2019 | $149.6MM$121.1MM |
| Equity Capital | Q2 2020vs Q2 2019 | $12.6MM$11.6MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $596.00K$433.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $425.00K$728.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $53.00K$0 |