Rushmore Electric Federal Credit Union

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A short history of Rushmore Electric FCU

Since its inception in 1964 the Rushmore Electric 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 Pamela Ferber, the Rushmore Electric FCU has grown its membership to over 1,640 with assets of more than $20,666,562. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (605) 342-9451 or email them at refcu@rushelec.com 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 Rushmore Electric FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 16444
Address 1715 CAMBELL ST 
City RAPID CITY 
State South Dakota 
Zip-Code 57701
Phone Number (605) 342-9451
Fax Number () -
Email Address: refcu@rushelec.com
CEO/President Pamela Ferber
Members 1,640 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 20,666,562 
Website http://www.refcu.coop 

Compare Rushmore Electric Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Highmark CU Highmark Main Office 725 5th St 57709 (605) 716-4444 No 3.39
Dacotah CU Dacotah Federal CU 2990 E HIGHWAY 44 57703 (605) 791-1424 No 3.62
United Methodist First Choice CU United Methodist First Choice FCU 815 Columbus St 57709 (605) 348-5753 No 3.62
Black Hills CU Elk Vale Member Service Center 950 Elk Vale Rd 57709 (605) 343-0891 No 3.87
Med5 CU West Branch 2300 W Main St 57702 (605) 342-7776 No 4.27

Rushmore Electric Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Rushmore Electric 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 9.90 2.76 3.32 8.50 6.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 116 126 478 368
Rank Among All South Dakota Credit Unions 5 7 8 25 25

Rushmore Electric Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 0.18 1.02 0.60
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 108 120 169 211
Rank Among All South Dakota Credit Unions N/A 8 8 8 12
Rushmore Electric Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.900558856,239
All Other Unsecured Loans/Lines of Credit 10.430247315,497
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.760841,754,387
Used Vehicle Loans 3.3203074,020,688
Total 1st Mortgage Real Estate Loans/Lines of Credit 8.500112,102
Total Other Real Estate Loans/Lines of Credit 6.250219,334
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.3102222,289,826
TOTAL LOANS & LEASES 1,4219,268,073

Rushmore Electric 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 0000
    b. 15 Years or less 112,10200
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 219,33400
Open-End Fixed Rate 0000
TOTALS 331,43600

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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