Med5 Federal Credit Union

Overview / Commentary
4956 5Th 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 1,751st largest credit union in the nation. It was established in 1966 and as of March of 2021, it had grown to 24 employees and 6,482 members at 3 locations. Med5 Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership to Med5 Federal Credit Union is open to those who live, work, worship, attend school, or own a business in Pennington County, South Dakota. Family members of existing members and employees of the credit union may also join.
See current membership details


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Health Grade Components

NCUA #17224
Year Chartered1966
Primary Regulator
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD11.21%
Annual Interest Income$986.00K
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$106.4MM$83.1MM
LoansQ1 2021vs Q1 2020$75.1MM$70.2MM
DepositsQ1 2021vs Q1 2020$92.5MM$68.0MM
Equity CapitalQ1 2021vs Q1 2020$7.7MM$6.9MM
Loan Loss AllowanceQ1 2021vs Q1 2020$305.00K$231.00K
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$2.00K$36.00K
Real Estate OwnedQ1 2021vs Q1 2020$0$0
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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

0.50%*-$15kKasasa Saver
OTHER TIERS: 0.25% $15k+

Med5 Federal Credit Union Checking Account Rates

3.00%*-$10kKasasa Cash
OTHER TIERS: 0.25% $10k+

Med5 Federal Credit Union CD Rates

0.65%$1k-48 Month CD w/ Bump
0.55%$1k-36 Month CD w/ Bump
0.40%$1k-24 Month CD w/ Bump
0.35%$1k-18 Month CD w/ Bump
0.25%$1k-12 Month CD w/ Bump
0.05%$1k-6 Month CD

Med5 Federal Credit Union Locations
Branch Office4956 5th StRapid City, SD 57701
Branch Office2300 W Main StRapid City, SD 57702
Branch Office353 Fairmont BlvdRapid City, SD 57701

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