FAQ's

Mission Statement Our Vision Our Staff

Services

E teller | Contact Us | Branch/ATM Locator | Home

Frequently Asked Questions

What is a credit union?
A credit union is a not-for-profit cooperative financial institution, owned and controlled by its members, that is the people who use its services to save money and get loans at reasonable rates. Credit Union National Association, Inc

What are credit unions for?
When credit unions were helping Americans through the Great Depression, the treasurer of a Midwestern credit union said that credit unions were "not for profit, not for charity, but for service," and this philosophy still holds true. Credit unions continue to look out for their members best interests and provide a level of service that is not generally available at other financial institutions. Whether it's providing a loan to help a member cover unexpected medical bills, giving financial counseling to a member whose company closed its doors, or simply offering a better deal on a used car loan, credit unions make a difference for their members and the communities they serve. Credit Union National Association, Inc.

How do Credit Unions differ from banks?
Credit unions differ from other banks in several ways:

Credit Unions	Other Financial Institutions
Not-for-profit cooperatives	Owned by outside stockholders
Owned by members	Owned by outside stockholders
Operated by mostly volunteer boards	Controlled by paid boards

These factors allow credit unions to pay dividends to their members (not shareholders) and offer them lower loan rates, higher savings rates and fewer service fees.

Can you tell me more about the Rapid City area?
Sure. Rapid City, and it's surrounding area is rich with things to do and sites to see. Click on the links below for more information.

Black Hills & Badlands Vacation Guide

City of Rapid City

Ellsworth Air Force Base

Rapid City Convention & Visitor Bureau

Rushmore Plaza Civic Center

State of South Dakota


Privacy Policy	\|	Schedule of Fees				Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.