Rushmore Electric
Rushmore Electric is a credit union based in Rapid City, South Dakota, established in 1964, with $29 million in total assets serving 1,423 members. By Trust Grade it ranks 18th of 33 credit unions we track in South Dakota. Its net worth ratio of 9.8% trails most similarly sized credit unions (16th percentile), versus a South Dakota median of 10.5%. It was profitable over the most recent period, with a 0.84% return on assets. No consumer complaints against Rushmore Electric appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Rushmore Electric compares to South Dakota peers
How we graded Rushmore Electric
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.8% capital ratio)
- Profitable (ROA 0.84%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Rushmore Electric over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Rushmore Electric insured?
Yes. Rushmore Electric is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Rushmore Electric: frequently asked questions
Is Rushmore Electric a good credit union?
Rushmore Electric earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Well-capitalized (9.8% capital ratio); Profitable (ROA 0.84%).
Is Rushmore Electric NCUA-insured?
Yes. Rushmore Electric is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Rushmore Electric?
Rushmore Electric holds $29 million in total assets, ranking 18th of 33 credit unions we track in South Dakota. It serves 1,423 members.
Does Rushmore Electric have CFPB complaints?
No CFPB complaints against Rushmore Electric appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
