Black Hills Federal Credit Union

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A short history of Black Hills FCU

Since its inception in 1941 the Black Hills Federal Credit Union has been serving its members in the RAPID CITY, South Dakota area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Roger Heacock, the Black Hills FCU has grown its membership to over 62,827 with assets of more than $1,176,888,776. They have a main office and 14 branch offices. Please see the credit unions website or contact them by phone at (605) 343-0891 or email them at bhfcu@bhfcu.net to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in RAPID CITY, SD.

General Information For Black Hills FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 4365
Address 2700 N PLAZA DRIVE 
City RAPID CITY 
State South Dakota 
Zip-Code 57702
Phone Number (605) 343-0891
Fax Number (605) 718-6146
Email Address: bhfcu@bhfcu.net
CEO/President Roger Heacock
Members 62,827 
Full-Time Employees 288 
Part-Time Employees
Number of Branch Offices 14 
Total Assets 1,176,888,776 
Website http://www.blackhillsfcu.org 

Compare Black Hills Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Dakota Star CU DAKOTA STAR 3122 W SAINT LOUIS ST 57709 (605) 342-6442 No 8.02
Minuteman CU MINUTEMAN FCU 301 E North St 57701 (605) 394-1772 No 8.44
Med5 CU West Branch 2300 W Main St 57702 (605) 342-7776 No 9.46
United Methodist First Choice CU United Methodist First Choice FCU 815 Columbus St 57709 (605) 348-5753 No 9.67
Highmark CU Highmark Main Office 725 5th St 57709 (605) 716-4444 No 10.00

Black Hills Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Black Hills Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.15 2.50 2.69 2.75 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 352 84 65 13 100
Rank Among All South Dakota Credit Unions 11 3 3 1 3

Black Hills Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.20 0.20 0.30 1.09 1.09
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 102 108 97 155 147
Rank Among All South Dakota Credit Unions 1 8 3 5 5
Black Hills Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.15014,26622,986,771
All Other Unsecured Loans/Lines of Credit 12.1507,9586,499,500
Short-Term, Small Amount Loans (STS) (Federal CU Only) 18.000312139,668
Non-Federally Guaranteed Student Loans 6.19010,70823,360,058
New Vehicle Loans 2.5001,81738,982,173
Used Vehicle Loans 2.69010,391119,160,456
Total 1st Mortgage Real Estate Loans/Lines of Credit 2.7502,787388,466,132
Total Other Real Estate Loans/Lines of Credit 4.0002,79282,494,029
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.0004,98365,030,565
TOTAL LOANS & LEASES 56,014747,119,352

Black Hills Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 889124,112,2848813,743,431
    b. 15 Years or less 52134,502,877303,349,186
Balloon/Hybrid
    a. > 15 years 22942,139,3946913,285,674
    b. 15 Years or less 77488,218,91091,658,367
Other Fixed Rate 1064,832,597181,460,490
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 26894,660,070298,133,792

OTHER REAL ESTATE

Closed-End Fixed Rate 51916,414,038533,390,503
Closed-End Adjustable Rate 258,961,86441,265,375
Open-End Adjustable Rate 2,24757,018,6492062,509,769
Open-End Fixed Rate 199,47800
TOTALS 5,579470,960,16150648,796,587

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 125,111,2453,991,974
Interest Only & Payment Option Other RE/LOC Loans 1196,5081,043,625
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Black Hills Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes