Smart Checking. Competitive Rates.
Call the Credit Union at 605-718-1818 or 1-800-482-2428 for more information about rates and fees.
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Share Type
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Minimum Opening Deposit
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Minimum Daily Balance Required to Avoid a Fee
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Dividends Compounded & Credited
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Annual Percentage Yield
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Dividend Rate
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|---|---|---|---|---|---|
| FREEdom Checking | None | None | N/A | N/A | N/A |
| HSA FREEdom Checking | None | None | N/A | N/A | N/A |
| Ultimate Checking | None | $1,500.00 | Monthly | 0.15% | 0.15% |
| HSA Ultimate Checking | None | $1,500.00 | Monthly | 0.15% | 0.15% |
Black Hills Federal Credit Union members earn better, competitive rates on loans, checking and savings accounts. Become a member today to lock in your rate now.
RATES ARE SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE.
The Dividend Rate and Annual Percentage Yield are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period.
Your Savings and HSA accounts are federally insured by NCUA (National Credit Union Administration) to at least $250,000.
Your IRA accounts are federally insured by the NCUA up to $250,000. IRA and HSA accounts may not be pledged, transferred or assigned.
*Or an initial deposit of $5.00 and an authorization of a payroll deduction deposit amount of a minimum $5.00 bi-weekly or $10.00 monthly will allow you to open the account.
FREEDOM & HSA FREEDOM SHARE DRAFT/CHECKING ACCOUNTS
Minimum Balance Requirements. The is no minimum deposit required to open a Freedom or HSA Freedom Share Draft/Checking account. No minimum balance requirements apply to this account.
ULTIMATE & HSA ULTIMATE SHARE DRAFT/CHECKING ACCOUNTS
Rate Information. The Dividend Rate and Annual Percentage Yield may change daily as determined by the Board of Directors. The Dividend Rate and Annual Percentage Yield are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period.
Compounding and Crediting. Dividends will be compounded every month. Dividends will be credited to your account every month.
Accrual of Dividends. For cash and noncash deposits, dividends will begin to accrue on the business day you place them in your account.
Effect of Closing. Dividends are available to the owner(s) at the time an account is closed or monthly on or after the first day of each month.
Minimum Balance Requirements. No minimum deposit is required to open this account. However, you must maintain a minimum daily balance of $1,500 in your account to avoid a monthly fee. If, during any month, your daily balance is below the required minimum, your account will be subject to a monthly fee once during the statement cycle. Refer to the Schedule of Fees for applicable fees.
Daily Balance Computation Method. Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day a minimum balance of $1,500 is maintained.
Dividend Period. For this account type the dividend period is monthly, for example, the beginning date of the dividend period of the calendar year is January 1 and the ending date of such dividend period is January 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is established each month at the monthly board meeting.
Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period.
Please refer to our separate Schedule of Fees for fees applicable to each particular account. Fees or other conditions could reduce the earnings on your account.
