Sep, 30, 2025 — 1ST LIBERTY FEDERAL CREDIT UNION is a federal credit union headquartered in GREAT FALLS, MT with 7 branch locations and about $209.21 million in total assets. Opened 71 years ago in 1955, 1ST LIBERTY FEDERAL CREDIT UNION has about 14,604 members and employs 57 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | 1ST LIBERTY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 6200 3rd Ave N GREAT FALLS, MT 59405-1528 |
| Phone: | (406) 761-8300 |
| Fax: | (406) 761-8305 |
| Website: | https://www.1stliberty.org |
| Branches: | 7 branch locations |
| Members: | 14,604 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10375 |
|---|---|
| Membership Type: | Multiple common bond - Primarily military |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $209,205,358 |
| CEO/Manager: | Steven Grooms |
| Chairperson: | Ken Sylva |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 25,084,915 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 18,450,596 |
| Unsecured Loans | 3,189,061 |
| Other Loans | 61,850,673 |
| TOTAL LOANS | 83,490,330 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -452,030 |
| Land And Building | 2,088,286 |
| Other Fixed Assets | 380,872 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,786,618 |
| All Other Assets | 125,635 |
| TOTAL ASSETS | 209,205,358 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,702,186 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 40,442,524 |
| Regular shares | 104,791,965 |
| All Other Shares & Deposits | 32,988,783 |
| TOTAL SHARES & DEPOSITS | 178,223,271 |
| TOTAL LIABILITIES | 180,956,181 |
| Regular Reserve | 0 |
| Other Reserves | 28,247,177 |
| Undivided Earnings | 2,000 |
| TOTAL EQUITY | 28,249,177 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 209,205,358 |
| INCOME & EXPENSE | |
| Loan Income | 3,282,108 |
| Investment Income | 2,723,664 |
| Other Income | 1,412,325 |
| Total Employee Compensation & Benefits | 3,269,192 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,684,889 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 183,000 |
| Cost of Funds | 675,192 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 879,217 |
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