Overview / Commentary
605-342-7776
625 Flormann St
Rapid City, SD 57701

Med5 Federal Credit Union is headquartered in Rapid City and is the 11th largest credit union in the state of South Dakota. It is also the 2,004th largest credit union in the nation. It was established in 1966 and as of June of 2018, it had grown to 19 employees and 5,477 members at 3 locations. Med5 Federal Credit Union's CD rates are 80% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership to Med5 Federal Credit Union is open to those who attend school, live, worship, work or own a business in Pennington County. Family members, and employees of the credit union may also join.
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Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Med5 Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #17224
Year Chartered1966
Employees19
Primary Regulator
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD7.66%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$68.5MM$62.7MM
LoansQ2 2018vs Q2 2017$60.9MM$54.5MM
DepositsQ2 2018vs Q2 2017$56.3MM$54.0MM
Equity CapitalQ2 2018vs Q2 2017$6.0MM$5.5MM
Loan Loss AllowanceQ2 2018vs Q2 2017$193.00K$191.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$21.00K$27.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$143.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Med5 Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$50k*-Regular Shares
OTHER TIERS: 0.05% $200 - $3k | 0.10% $3k - $20k | 0.15% $20k - $50k
0.05%$200-All Other Shares

Med5 Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$100k*-Grand Account Checking
OTHER TIERS: 0.05% $1k - $10k | 0.10% $10k - $20k | 0.15% $20k - $50k | 0.20% $50k - $100k

Med5 Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.47%$1k-48 Month CD
2.42%$1k-September CD Special - New Money Only
2.38%$1k-36 Month CD
2.28%$1k-24 Month CD
1.83%$1k-18 Month CD
1.62%$1k-12 Month CD
0.75%$1k-6 Month CD

Med5 Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.47%$1k-48 Month IRA
2.38%$1k-36 Month IRA
2.28%$1k-24 Month IRA
1.83%$1k-18 Month IRA
1.62%$1k-12 Month IRA
0.75%$1k-6 Month IRA
Locations


Med5 Federal Credit Union Locations
Branch Office625 Flormann StRapid City, SD 57701
Branch Office2300 W Main StRapid City, SD 57702
Branch Office353 Fairmont BlvdRapid City, SD 57701

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