Rapid City Telco Federal Credit Union

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Review based on 12 criteria Rating: 0 out of 5

811 E Saint Andrew St, Rapid City, SD, 57701

Website

605-342-8522

Rapid City Telco Federal Credit Union was founded in 1945. Headquartered in Rapid City, South Dakota, Rapid City Telco Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF).

As of December 31, 2013, Rapid City Telco Federal Credit Union services 5,576 members through its 3 offices and branches and 16 full-time and 2 part-time employees. It has $43,329,303.00 of total assets and $1,976,739.00 of net worth. Based on its asset size and net worth ratio, Rapid City Telco Federal Credit Union is classified as a Undercapitalized medium small size credit union.

Rapid City Telco Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Rapid City Telco Federal Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

Rapid City Telco Federal Credit Union’s membership type is defined as Community credit union. If you are interested in joining Rapid City Telco Federal Credit Union, please visit their website or call 605-342-8522 for details. If you are a current member of Rapid City Telco Federal Credit Union or have used any of their services or products, please rate them and leave your comments.

The following two tables list the depository and loan interest rates of Rapid City Telco Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in South Dakota and in the nation.

Major Depository Accounts and Interest Rates (%)

Interest Rate
Median Rates of South Dakota
National Median Rates
Checking
0.0000
0.0000
0.0000
Savings
0.0300
0.1000
0.1500
Money Market
0.0800
0.1345
0.2400
Certificate Deposit
0.7200
0.4000
0.5000
IRA
1.1100
0.6000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of South Dakota
National Median Rates
Credit Cards
12.9000
10.6700
9.9900
Unsecured Line of Credits
10.5000
11.3350
11.0000
Short-term Small Amount
28.0000
22.6000
Student Loans
6.7350
6.0350
New Car Loans
3.9700
3.7000
3.9120
Used Car Loans
5.2700
5.0400
4.9900
1st Mortgage Real Estates
5.1400
4.7500
4.5200
Other Real Estates
4.7500
5.2450
5.0000

Rapid City Telco Federal Credit Union provides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, and ATMs. The table below lists the electronic banking services provided by Rapid City Telco Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
No
No
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
No
New Share Account
No
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
Merchandise Purchase
No
Account Balance Inquiry
Yes
No
Merchant Processing Service
No
View Account History
Yes
No
No
Download Account History
No
No

As a community financial institution, Rapid City Telco Federal Credit Union actively involves in local communities by providing services such as first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
No
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
Yes
Insurance/Investment Sales
No
First Time Homebuyer Program
No
Custer
18 Mount Rushmore Rd
Custer, SD 57730-1825
Phone:605-673-4416

Hill City
553 E Main St
Hill City, SD 57745
Phone:605-574-9596

Main Branch
811 E Saint Andrew St
Rapid City, SD 57701
Phone:605-342-8522

605-342-2079

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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