EMBARK FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.embarkcu.com for more information.
Dec, 31, 2023 — EMBARK FEDERAL CREDIT UNION is a federal credit union headquartered in Great Falls, MT with 2 branch locations and about $137.18 million in total assets. Opened 88 years ago in 1936, EMBARK FEDERAL CREDIT UNION has about 9,870 members and employs 31 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EMBARK FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 2649 Great Falls, MT 59403 |
| Phone: | (406) 727-7300 |
| Fax: | (406) 727-7323 |
| Website: | https://www.embarkcu.com |
| Branches: | 2 branch locations |
| Members: | 9,870 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1104 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $137,179,213 |
| CEO/Manager: | Debra Evans |
| Chairperson: | Jason Kunz |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 25,324,840 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 19,433,830 |
| Unsecured Loans | 4,248,160 |
| Other Loans | 42,528,958 |
| TOTAL LOANS | 66,210,948 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -396,472 |
| Land And Building | 1,770,221 |
| Other Fixed Assets | 200,750 |
| NCUSIF Deposit | 1,115,680 |
| All Other Assets | 0 |
| TOTAL ASSETS | 137,179,213 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,279,941 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 26,555,574 |
| Regular shares | 61,658,450 |
| All Other Shares & Deposits | 34,475,814 |
| TOTAL SHARES & DEPOSITS | 122,689,838 |
| TOTAL LIABILITIES | 123,969,779 |
| Regular Reserve | 0 |
| Other Reserves | 2,193,143 |
| Undivided Earnings | 11,016,291 |
| TOTAL EQUITY | 13,209,434 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 137,179,213 |
| INCOME & EXPENSE | |
| Loan Income | 702,093 |
| Investment Income | 134,703 |
| Other Income | 242,998 |
| Total Employee Compensation & Benefits | 596,110 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 625,007 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 95,487 |
| Cost of Funds | 30,388 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -113,059 |
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