MILES CITY FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — MILES CITY FEDERAL CREDIT UNION is a federal credit union headquartered in MILES CITY, MT with 1 branch location and about $4.27 million in total assets. Opened 72 years ago in 1952, MILES CITY FEDERAL CREDIT UNION has about 396 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MILES CITY FEDERAL CREDIT UNION |
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Address: (Main Office) | PO BOX 27 MILES CITY, MT 59301-3818 |
Phone: | (406) 234-5458 |
Fax: | (406) 234-1467 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 396 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 8003 |
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Membership Type: | Community - Rural District |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Jul 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,269,990 |
CEO/Manager: | Sheila A Brown |
Chairperson: | Melissa M Hartman |
ASSETS: | $ Amount |
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Cash & Equivalents | 471,668 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 134,059 |
Other Loans | 1,632,245 |
TOTAL LOANS | 1,766,304 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,029 |
Land And Building | 194,688 |
Other Fixed Assets | 3,813 |
NCUSIF Deposit | 36,135 |
All Other Assets | 0 |
TOTAL ASSETS | 4,269,990 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 120 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 6,100 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 63,447 |
Regular shares | 3,443,348 |
All Other Shares & Deposits | 214,496 |
TOTAL SHARES & DEPOSITS | 3,721,291 |
TOTAL LIABILITIES | 3,727,511 |
Regular Reserve | 0 |
Other Reserves | 49,995 |
Undivided Earnings | 492,484 |
TOTAL EQUITY | 542,479 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,269,990 |
INCOME & EXPENSE | |
Loan Income | 44,885 |
Investment Income | 23,997 |
Other Income | 19,700 |
Total Employee Compensation & Benefits | 49,328 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 51,760 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,061 |
Cost of Funds | 1,482 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -12,927 |
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