TellerScore

Service First Federal Credit Union is a federal credit union headquartered in Sioux Falls, South Dakota, in business for about 92 years. At the end of Q2 2026 it reported $209.7M in total assets and $191.3M in member shares and deposits, with 3 offices.

Based on its Q2 2026 filing, Service First Federal Credit Union scores 65/100, which we describe as moderate. That is higher than only 34% of 1,341 credit unions with $100 million – $1 billion. Among 33 credit unions headquartered in South Dakota, it ranks 21st. Its strongest component is funding & liquidity (100/100; 57% loans-to-deposits, 4% uninsured), and its lowest is capital cushion (43/100; 9.29%).

TellerScore · Q2 2026

Scorecard

Capital cushion43/100
Net worth ratio: 9.29%
Loan quality69/100
Loans 60+ days delinquent ÷ total loans: 0.94%
Earnings53/100
Return on assets (annualized): 0.83%
Funding & liquidity100/100
Loans ÷ shares: 57.4% · 3.9% uninsured
Problem-loan coverage88/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 6.25%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 4 points (61 → 65), mostly because the earnings component improved by 11 points.

TellerScore
586469Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202460
Q3 202463
Q4 202466
Q1 202569
Q2 202561
Q3 202566
Q4 202558
Q1 202662
Q2 202665
Net worth ratio
7.00%8.14%9.29%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 20248.18%
Q3 20248.59%
Q4 20248.82%
Q1 20258.68%
Q2 20258.85%
Q3 20259.08%
Q4 20259.04%
Q1 20268.97%
Q2 20269.29%
Delinquent loans (60+ days)
0.12%0.68%1.24%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20240.20%
Q3 20240.40%
Q4 20240.29%
Q1 20250.12%
Q2 20250.88%
Q3 20250.42%
Q4 20251.24%
Q1 20260.83%
Q2 20260.94%
Return on assets
0.04%0.43%0.83%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.04%
Q3 20240.41%
Q4 20240.50%
Q1 20250.61%
Q2 20250.54%
Q3 20250.56%
Q4 20250.51%
Q1 20260.45%
Q2 20260.83%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202665$209.7M9.29%0.94%0.83%57.4%
Q1 202662$210.1M8.97%0.83%0.45%57.2%
Q4 202558$205.8M9.04%1.24%0.51%58.6%
Q3 202566$202.8M9.08%0.42%0.56%56.8%
Q2 202561$204.7M8.85%0.88%0.54%57.2%
Q1 202569$205.8M8.68%0.12%0.61%57.5%
Q4 202466$199.0M8.82%0.29%0.50%62.2%
Q3 202463$200.1M8.59%0.40%0.41%68.1%
Q2 202460$202.9M8.18%0.20%0.04%69.9%

1,341 peers · $100 million – $1 billion

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio9.29%
17th
Problem loans0.94%
33rd
Net charge-offs0.46%
38th
Return on assets0.83%
56th
Loans to deposits57.4%
81st
Uninsured deposits3.9%
73rd
Loan-loss reserves0.00%
50th
Texas ratio6.2%
30th

Similar-size credit unions in South Dakota

InstitutionScoreAssetsCapitalProblem loansCompare
Bluestone Federal Credit UnionCredit union Sioux Falls, SD68 out of 100, Moderate$205.6M9.6%0.50%vs
Northern Hills Federal Credit UnionCredit union Sturgis, SD66 out of 100, Moderate$204.9M9.6%0.29%vs
Area Federal Credit UnionCredit union Aberdeen, SD87 out of 100, Very strong$199.9M17.1%0.47%vs
Sentinel Federal Credit UnionCredit union Box Elder, SD67 out of 100, Moderate$199.3M10.8%0.71%vs
Aspen Federal Credit UnionCredit union Rapid City, SD63 out of 100, Moderate$173.0M8.4%0.43%vs
Highmark Federal Credit UnionCredit union Rapid City, SD46 out of 100, Below average$257.8M7.7%1.43%vs

Deposit insurance

Is my money safe at Service First Federal Credit Union?

Yes. Service First Federal Credit Union is a federally insured credit union (NCUA charter #77). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 3.9% of shares and deposits ($7.4M) are above the $250,000 NCUA insurance limit, below the peer median of 6%. Insured balances are protected regardless of the score.

The net worth ratio is 9.29%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

3 locations

Branches

Service First Federal Credit Union lists 3 offices in 1 city. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Service First Federal Credit Union reported 191 home-loan applications under HMDA (LEI 549300VTMXH07KUIB722): 149 originated ($42,915,000 total), 12 denied, and 29 withdrawn or closed by the applicant. Its denial rate on decided applications was 7.4%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Service First Federal Credit Union
Type
Federal credit union
NCUA charter #
77
RSSD ID
878674
Primary regulator
NCUA
Established
1934
Headquarters
3901 East 10th Street, Sioux Falls, SD 57103
Employees
55

Quick answers

Service First Federal Credit Union: common questions

Is Service First Federal Credit Union NCUA insured?

Yes. Service First Federal Credit Union is a federally insured credit union (NCUA charter #77). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is Service First Federal Credit Union's TellerScore?

65 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does Service First Federal Credit Union have?

3 offices as of the latest NCUA data.

Nearby

Highest-scoring banks and credit unions with branches near Sioux Falls

InstitutionScoreAssetsCapitalProblem loansCompare
Security National Bank of South DakotaBank Dakota Dunes, SD93 out of 100, Very strong$251.5M14.1%0.00%vs
Merchants State BankBank Freeman, SD91 out of 100, Very strong$219.6M17.3%0.32%vs
First PREMIER BankBank Sioux Falls, SD85 out of 100, Very strong$3.6B13.7%0.10%vs
First Savings BankBank Beresford, SD83 out of 100, Strong$1.6B19.3%0.90%vs
American Bank & TrustBank Sioux Falls, SD72 out of 100, Strong$2.2B11.3%0.57%vs
First Dakota National BankBank Yankton, SD72 out of 100, Strong$3.4B10.4%0.30%vs