Black Hills Credit Union Sioux Falls SD | Top Checking & Business Loans

Introduction

Welcome to Black Hills, your trusted financial partner located at 1901 W 41st St, Sioux Falls, SD 57105. Since our establishment in 1941, we have proudly served the community, growing to a membership of over 105,000 individuals who rely on us for their banking needs. With total assets of nearly $2.33 billion, we are committed to providing exceptional financial services tailored to meet the needs of our members. At Black Hills, we believe in fostering a strong connection with our community. Our dedicated team, led by CEO Jerry Schmidt and Board President Karen Holloway, works diligently to ensure that our services ranging from personal banking accounts and auto loans to business loans are accessible and beneficial to everyone. We currently manage approximately $56 million in deposits and hold a net worth of $233 million, reflecting our stability and commitment to secure banking. While members can visit us at our branch address, official correspondence should be sent to our mailing address: PO Box 1420, Rapid City, SD 57709. Whether you need assistance with loans or want to explore various investment options, our experienced staff is here to help you every step of the way. We understand that in today's fast-paced world, convenience matters. That's why we offer online and mobile banking services along with ATM access for easy transactions anytime you need it. If you're looking for a reliable credit union that prioritizes your financial well-being and community growth, look no further than Black Hills. Feel free to reach out at 605-937-4600 or visit us online at blackhillsfcu.org. We invite you to join us on this journey towards financial success!

Branch History & Mission

Join Us

As we look toward the future, we invite you to become part of the Black Hills family. Whether you're seeking guidance on your first loan or looking for ways to save for retirement, we're here for you every step of the way. Discover how joining Black Hills can make a difference in your financial journey today! For any questions or assistance, feel free to reach out at 605-937-4600 or visit us online at Black Hills FCU. Together, let's build a brighter future!

Our Journey

Since opening our doors, Black Hills has evolved significantly. We began with a vision of providing not just banking services but also financial education and support to our members. Over the decades, we have expanded our offerings and upgraded our technologies to meet the changing needs of our community. Today, we proudly manage total assets exceeding $2.3 billion, thanks to the trust and loyalty of our members. Our headquarters in Rapid City, SD serves as the backbone for all branches, including ours in Sioux Falls. The growth we've seen reflects not only an increase in membership but also a dedication to ensuring that each member feels valued and understood. With operating hours from 8 AM to 6 PM on weekdays and both ATM and drive-thru services available, we strive to make banking convenient for everyone.

Our Mission

The mission of Black Hills is simple yet powerful: to empower individuals and families through quality financial services while fostering a sense of community. We believe that by supporting our members financially through checking and savings accounts, auto loans, mortgages, personal loans, business banking services, and more we can contribute positively to their lives. Moreover, we actively engage in community outreach programs that align with our values. From financial literacy workshops to partnerships with local organizations, we aim to uplift those around us. Our shared service center allows us to extend these benefits even further by collaborating with partner credit unions. While members can visit us at our branch location for personalized service, official correspondence should be sent to PO Box 1420, Rapid City, SD 57709 if it differs from our branch address.

Branch Location & Accessibility

Easy Access and Features

At Black Hills, we prioritize accessibility for all members. Our branch is fully ADA-compliant, featuring ramps and accessible parking spots to ensure everyone can visit us comfortably. If you prefer a drive-thru experience, we offer that option as well, allowing you to conduct simple transactions without leaving your vehicle. Our operating hours are designed to fit your busy schedule. We're open Monday through Friday from 8 AM to 6 PM, so you can come in before or after work or during your lunch break. Have questions? Don't hesitate to call us at 605-937-4600 we're here to help!

Join Us Today!

We invite you to come by and discover how Black Hills can support your financial journey. With convenient access and friendly staff ready to assist you, there's no better time than now to join our community. Visit us today!

Services Tailored for You

When you visit Black Hills, you'll find a wide range of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and credit cards with rewards, we have something for everyone. Plus, our shared service center means you can access basic transactions even if you're a member of another partnering credit union. While official correspondence should be sent to our mailing address at PO Box 1420, Rapid City, SD 57709, we welcome you to visit us at our main branch location for any immediate assistance.

Member Eligibility

At Black Hills, we believe that everyone deserves a place in our supportive community, and becoming a member is simpler than you might think! If you live, work, or worship in the Sioux Falls area, you're likely eligible to join us. Our membership is open to those who have a passion for being part of a cooperative that puts people first. We invite you to take advantage of the many benefits we offer, including personalized banking solutions and competitive rates on loans and savings accounts. Ready to get started? You can find all the details about membership eligibility at [this link](). If you have any questions or want assistance with the application process, don't hesitate to give us a call at (605) 937-4600. Joining Black Hills is not just about opening an account; it's about joining a community that cares about your financial well-being.

Business Banking & Commercial Services

Business Loan Options

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

Imagine running your business without worrying about payment processing. Our merchant services simplify transactions, making it easy for your customers to pay while you focus on what you do best. From credit card processing to e-commerce solutions, we provide the tools that help your business thrive. Visit us at 1901 W 41St St Sioux Falls Sd 57105 in Sioux Falls, SD or give us a call at (605) 937-4600. Let's work together to turn your business goals into reality!

Comprehensive List Of Services

Accessing Cash When You Need It

Need cash on-the-go? Our branch features an ATM for easy withdrawals, along with basic drive-thru banking services for quick transactions like deposits or withdrawals without leaving your vehicle. Plus, if you're part of a partner credit union, enjoy basic shared branch transactions right here at Black Hills. We invite you to visit us at 1901 W 41St St Sioux Falls Sd 57105 or give us a call at (605) 937-4600 for more information about any of these services. Let us help you achieve your financial goals today!

Business Banking Solutions

For entrepreneurs and small business owners, we provide tailored solutions through our business banking services, which include merchant services and business loans. Understanding your unique challenges allows us to offer effective support as you grow your business.

Convenient Digital Banking Features

In today's fast-paced world, having access to your accounts anytime is crucial. That's why we offer robust online and mobile banking platforms. With features like mobile payments, e-statements, and person-to-person transfers, managing your finances has never been easier.

Financing Your Home

For those looking to buy a home or refinance an existing mortgage, our mortgage loans come with personalized support throughout the process. We understand that purchasing a home is one of the biggest decisions you'll ever make, so we work closely with you to find the best solution for your situation.

Helping You Manage Debt

Life can be unpredictable, and sometimes debt can feel overwhelming. That's where our personal loans and debt consolidation services come in. We offer solutions that can simplify your payments and lower your interest rates, allowing you to regain control over your financial future.

Personal Banking Made Easy

Whether you're just starting out or looking to enhance your financial portfolio, our personal banking services are designed with you in mind. We offer checking and savings accounts that help you keep your money secure while earning interest. If you're considering a new vehicle or need funds for other purposes, our auto loans and vehicle financing options provide competitive rates and flexible terms, making it easier for you to drive away with the car of your dreams.

Rewards Just for You

With our credit cards featuring rewards, every purchase counts towards benefits you'll actually use. Whether it's travel perks or cashback, we ensure that using your card feels rewarding in more ways than one.

Digital & Online Banking

Accessibility and Ease of Use

At Black Hills, we aim for accessibility and ease of use in everything we do. Whether you're using our desktop site or mobile app, managing your accounts is simple and intuitive. Real-time account management means you'll always be up-to-date with your finances. Join us at Black Hills for a banking experience that puts you first. Explore all our digital services today at http://www.blackhillsfcu.org , and see how easy it can be to stay on top of your financial life!

Key Features

Our online banking service operates 24/7, allowing you to check balances, pay bills, and transfer funds at your convenience. If you're on the go, our mobile application gives you all the same features right in your pocket. Plus, with mobile payments, you can make purchases directly from your phone, making everyday transactions quick and hassle-free. We also prioritize security with features like electronic signature authorization, ensuring that your sensitive information is protected while you handle your banking needs online. For those who prefer paperless communication, we provide e-statements, allowing you to view your account statements electronically and reduce clutter. Another great benefit is our person-to-person transfers feature. You can easily send money to friends or family without needing to visit a branch or write a check. This makes splitting bills or sending gifts straightforward and immediate.

Financial Strength

Growing Membership Trust

Total Share and Deposit Accounts stand at 246,661, showing 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 1901 W 41St St Sioux Falls Sd 57105 or call (605) 937-4600 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 $8,888,367 reflects our operational efficiency, 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 members' financial goals across various sectors with $21,311 in used auto loans and $1,764,242,204 in total loans and leases.

Strong Capital Base

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. We provide flexible terms and competitive rates that make financing your next vehicle straightforward.

Business Loans

For business owners, our outstanding commercial loans totaling $392,243,852 provide the capital needed to grow and expand. We understand the unique challenges businesses face and are committed to offering solutions that can help drive success. We recognize that life can be unpredictable. If you find yourself needing to adjust your current payments or explore refinancing options, we are here to assist you with eligibility assessments tailored to your situation. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. If you have any questions or need assistance selecting the right loan for you, don't hesitate to contact us at 605-937-4600 or visit us at 1901 W 41St St Sioux Falls SD 57105. We're here to help you achieve your financial dreams!

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. Whether you're a first-time homebuyer or looking to refinance an existing mortgage, our experienced team is here to guide you through the process.

Unsecured Credit Card Loans

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. Our credit cards come with rewards and features designed for everyday use while providing an easy way to handle unexpected expenses.

Loan Aggregator

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BLACK HILLS FEDERAL CREDIT UNION