Black Hills Credit Union Rapid City SD | Low Mortgage Rates & Quick Personal Loans

Introduction

Welcome to Black Hills, your trusted partner in financial services located at 725 E North St, Rapid City, SD 57701. Since our establishment in 1941, we have proudly served our community with a commitment to providing personalized banking solutions tailored to your needs. With over 105,000 members, we are more than just a credit union; we're a family dedicated to fostering financial wellness and supporting local growth. At Black Hills, we understand that managing finances can sometimes feel overwhelming. That's why our dedicated team of nearly 400 employees, led by CEO Jerry Schmidt and Board President Karen Holloway, is here to guide you every step of the way. Whether you're looking for auto loans, personal banking services, or business financing options, we have the tools and expertise to help you succeed. Our total assets stand at an impressive $2,331,429,590, reflecting our stability and dedication to serving our members effectively. With $56,401,782 in deposits and a robust net worth of $233,163,323, we are well-equipped to meet your financial needs now and in the future. Plus, with cash on hand amounting to $24,192,158, you can trust us to provide reliable access to your funds when you need them most. While members can visit us at our branch location for assistance and support during lobby hours from 9:00 AM to 5:00 PM on weekdays, official correspondence should be sent to our mailing address: PO Box 1420, Rapid City, SD 57709-1420. Join us today at Black Hills and discover how we can help you achieve your financial goals. For inquiries or assistance, please don't hesitate to call us at 605-343-0891. Let's work together towards a brighter financial future!

Branch History & Mission

Welcome to the Black Hills, where our story began in 1941! Since then, we have grown alongside our community in Rapid City, South Dakota, and today, we proudly serve over 105,000 members. Our branch, located at 725 E North St, Rapid City, SD 57701, has become a cornerstone of financial support and community service. From our humble beginnings, Black Hills has always been about more than just banking. Our mission is clear: to provide exceptional financial services while empowering our members and uplifting our community. We believe that by helping individuals achieve their financial goals, we can strengthen the fabric of the neighborhoods we serve. Throughout the years, we've achieved significant milestones. Our total assets now stand at an impressive $2.33 billion, reflecting our commitment to sound financial management and growth. We've also expanded our services to include personal banking options like checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards all designed to meet the diverse needs of our members. At Black Hills, we're not just about numbers; we are dedicated to creating lasting relationships with our members. We prioritize accessibility with features like ADA compliance and digital advancements such as online banking and mobile payments. Our branch also offers convenient ATM access and drive-thru banking for those on the go. While members can visit us at 725 E North St for all their banking needs, official correspondence should be sent to PO Box 1420, Rapid City, SD 57709-1420. Our mission extends beyond financial transactions; we actively engage in community outreach initiatives that make a real difference. Whether through partnerships with local organizations or sponsoring events that foster community spirit, we strive to be a positive force in Rapid City. As we look ahead to the future, we invite you to join us on this journey. Experience firsthand how Black Hills can help you achieve your financial dreams while being part of a vibrant community-focused organization. Reach out to us at 605-343-0891 or visit our website at blackhillsfcu.org to learn more about becoming a member today!

Branch Location & Accessibility

Convenient Access and Features

Our branch offers ample parking, making it easy for you to drop by whenever you need assistance. Plus, we ensure that everyone can access our services comfortably with ADA-compliant features throughout the facility. If you're on the go, we also have a drive-thru available for quick and simple transactions.

Operating Hours

We understand that life can get busy! That's why our lobby is open Monday through Friday from 9:00 a.m. to 5:00 p.m., while our drive-up hours extend earlier from 7:00 a.m. until 5:30 p.m. on weekdays. This flexibility allows you to find a time that works best for your schedule.

Services Tailored for You

At Black Hills, we offer a variety of services tailored to meet your needs, including checking and savings accounts, auto loans, mortgage options, personal loans, and credit cards with rewards. Additionally, you can take advantage of online and mobile banking features that make managing your finances easier than ever. For those looking for cash withdrawal services or basic ATM access, rest assured that we have an ATM available on-site for your convenience. We invite you to visit us at the East North Member Service Center or give us a call at 605-343-0891. Our team is eager to assist you with any questions or financial services you may need. Let's work together towards achieving your financial dreams!

Member Eligibility

At Black Hills, we believe that everyone deserves a chance to belong to a caring financial community. Joining us is simple! If you live, work, or worship in the Rapid City area, or if you have family members who are already part of our credit union, you're likely eligible for membership. This means that you can access all our great services designed to help you thrive financially. To discover the full eligibility criteria and see if you qualify, check out this link. Opening an account with us is just as straightforward. You can reach out to us at (605) 343-0891 for assistance or visit us at our branch located at 725 E North St Rapid City Sd 57701. Our friendly team is here to guide you through every step of the process, ensuring you feel welcome and supported as you join the Black Hills family. We can't wait to help you start your journey with us!

Business Banking & Commercial Services

Commercial Loans

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $907 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $5 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $392,243,852, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer merchant services that make it easy for you to accept payments and manage transactions efficiently. Picture this: A local café using our payment processing system can quickly serve customers while keeping track of sales seamlessly. This kind of support allows you to focus on what you do best running your business. Located at 725 E North St Rapid City Sd 57701 in Rapid City, SD, we're here to partner with you on your journey toward success. Reach out today at (605) 343-0891 to learn more about how our services can benefit your business!

Comprehensive List Of Services

Business Banking Solutions

If you own a business or are thinking about starting one, our Business Banking services include everything from Merchant Services to assist with payment processing to various types of Business Loans that can fuel your growth.

Convenient Access

We know that convenience matters. That's why we provide essential features like ATM & Cash Withdrawal Services, making it easy to access your money anytime. Our branch also offers basic drive-thru banking for simple transactions such as deposits and withdrawals, ensuring your banking experience is as smooth as possible.

Credit Cards and Rewards

For those who love rewards, our Credit Cards with Rewards program allows you to earn points on everyday purchases, which can be redeemed for travel, merchandise, or cash back. It's just another way we show appreciation for our members!

Personal Banking Services

Our Personal Banking options are designed with you in mind. Open a Checking or Savings Account that fits your lifestyle, and enjoy the benefits of easy online access through our Online & Mobile Banking platforms. Need financing for your next vehicle? Our Auto Loans & Vehicle Financing come with competitive rates and flexible terms. If homeownership is on your horizon, consider our Mortgage Loans & Refinancing services that can guide you through the process smoothly. Additionally, we offer Personal Loans & Debt Consolidation options to help you manage existing debts effectively while providing you with the support you need.

Stay Connected Digitally

With our emphasis on technology, you'll find that managing your finances has never been easier. Through our secure online portal and mobile application, you can check balances, transfer funds, and even send money to friends using our person-to-person service all from the comfort of your home or on-the-go. In addition to these offerings, we are proud to serve our community from Monday through Friday during lobby hours from 9:00 AM to 5:00 PM. Feel free to reach out at (605) 343-0891 if you have any questions or need assistance. At Black Hills, we're here for you every step of the way. Visit us today at 725 E North St Rapid City Sd 57701 or explore more about what we offer by checking out our website at http://www.blackhillsfcu.org . Your financial journey starts here!

Digital & Online Banking

Key Features

One of the standout features at Black Hills is the ability to sign documents electronically. Our electronic signature authorization makes it simple to complete transactions without the need for paper forms saving you time and effort. Additionally, our e-statements provide a hassle-free way to keep track of your account activity while being environmentally friendly. If you're always on the go, you'll love our mobile application. It gives you access to all the features of online banking right from your smartphone. You can even make mobile payments easily, so whether you're shopping in-store or online, paying for things is quick and convenient. Need to send money to a friend? Our person-to-person transfer feature lets you do just that with ease. Just a few taps on your screen and the money is on its way! At Black Hills, we prioritize security as much as convenience. Our online banking system uses advanced encryption technology to keep your information safe and secure. You can manage your accounts in real-time without worrying about unauthorized access. Join us today at Black Hills and experience a smarter way to bank digitally! Your financial freedom is just a click away!

Financial Strength

Growing Membership Base

Total Share Accounts stand at 246,661, showcasing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $32,065,816. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Black Hills is your trusted partner. Visit us at 725 E North St Rapid City Sd 57701 or call (605) 343-0891 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Members' savings are secured through $614,736,568 in share certificates and $616,510,730 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $12,011,830, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our commitment to efficiency is reflected in our $8,888,367, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 396 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $224,264,335 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors, with $21,311 in used auto loans and $1,764,242,204 in total loans and leases.

Solid Financial Health

With a net worth of $233,163,323, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,000 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $384,745,345 in used vehicle loans and $96,774,599 in new vehicle loans already helping members get on the road. Whether you're purchasing a brand-new model or a reliable used vehicle, we have financing options tailored for you.

Business Loans

For business owners, our outstanding commercial loans totaling $392,243,852 provide the capital needed to grow and expand your business. Whether it's for equipment purchase or operational costs, we're here to support your entrepreneurial journey. We also want you to know that refinancing options are available for many of our loan products. If you're currently carrying debt elsewhere or looking for better terms on an existing loan, reach out to us for more information on eligibility. If you have any questions about our loan products or would like assistance with your application process, please don't hesitate to call us at (605) 343-0891. Our team is ready to assist you during our lobby hours from 9:00 a.m. - 5:00 p.m., Monday through Friday. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. At Black Hills, we're committed to offering you the best possible financial solutions tailored just for you.

Credit Lines and Unsecured Credit Cards

For those looking for flexibility, we provide robust credit line options totaling $774,405,301. These can be an excellent choice for managing larger purchases or unexpected expenses. Additionally, we also offer flexible terms on unsecured credit card loans, with a total of $48,041,080 in loans helping members manage their finances effectively.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $89,971,712, make buying or refinancing simple. We offer competitive rates and personalized service to guide you through the home-buying process.

Loan Aggregator

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How LendMesh Ensures Accurate Comparisons

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BLACK HILLS FEDERAL CREDIT UNION