RUSHMORE ELECTRIC Credit Union Profile

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RUSHMORE ELECTRIC

Charter #16444 | NCUA Region 3 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (605) 342-9451

Fax: (605) 791-2496

Founding Date: N/A

Website: http://www.refcu.coop

Personnel & Operations

President: Rahn, Chris

Manager: Morford, Sherri

FT Employees: 3

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 23

Branches: 1

Hours: 7:30am - 4:30pm

Credit Union Profile Summary

RUSHMORE ELECTRIC is a FCU Credit Union. With a total of 1,434 members [1], this institution manages approximately $25,007,313 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 10.81% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -6.51% [1].

Financial Snapshot

Total Assets [1]
$25,007,313

Total economic resources.

Total Loans [1]
$7,414,012

Total value of outstanding loans.

Total Deposits [1]
$22,185,140

Total funds deposited by members.

Members [1]
1,434

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.81%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.64%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
33.42%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
4.66%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-6.51%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-4.08%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1805 Cambell St

Rapid City, SD, 57701

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by RUSHMORE ELECTRIC (Charter #16444).

Main Office

Rushmore Electric FCU Main Office

Type: Corporate Office

1715 Cambell St

Rapid City, SD 57701

Phone: (605) 342-9451

Services: Member Services

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