Elevate Rapid City joined Black Hills Trust Company to celebrate its ribbon cutting and grand opening at 2702 N. Plaza Dr. in Rapid City.

Black Hills Trust Company is South Dakota’s first Credit Union Service Organization trust company. Officially chartered on April 13, 2026, the company was created by Black Hills Federal Credit Union to provide fiduciary and estate services with a focus on local accountability, personalized care, and trusted support for families.

While the company is newly launched, its South Dakota-based team brings decades of combined experience in trust administration, estate management, and court-appointed fiduciary services. Through this work, Black Hills Trust Company helps families protect what matters most while serving as a local resource for professional partners across the region.

“Rapid City is a place where local leadership and accountability truly matter,” said Alexa Stulken, Chief Wealth & Trust Officer of Black Hills Trust Company, LLC. “Businesses here don’t just operate, they invest in people, collaborate with intention, and take responsibility for strengthening our region. There’s a real sense of trust and partnership in how we work together, and that’s something we value deeply.”

Stulken also shared her appreciation for building the company in a community that values stewardship and integrity.

“We get to support families and professional partners in a place that believes in taking care of one another,” Stulken said. “Being part of a business community that leads with purpose and stands behind its commitments is something we’re genuinely grateful for.”

Black Hills Trust Company adds a new locally based resource for families and professional partners in western South Dakota. Its investment in Rapid City reflects the continued growth of local businesses committed to serving the region and strengthening the community.

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