Sep, 30, 2025 — GRASSLANDS FEDERAL CREDIT UNION is a federal credit union headquartered in CIRCLE, MT with 2 branch locations and about $123.39 million in total assets. Opened 70 years ago in 1956, GRASSLANDS FEDERAL CREDIT UNION has about 3,855 members and employs 18 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GRASSLANDS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 320 Main CIRCLE, MT 59215 |
| Phone: | (406) 485-2288 |
| Fax: | (406) 485-2074 |
| Website: | https://www.grasslandscu.com |
| Branches: | 2 branch locations |
| Members: | 3,855 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11030 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $123,392,755 |
| CEO/Manager: | EMILY K GULDBORG |
| Chairperson: | R K Voss |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,946,411 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 43,596,461 |
| Unsecured Loans | 553,293 |
| Other Loans | 33,811,736 |
| TOTAL LOANS | 77,961,490 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -567,707 |
| Land And Building | 3,869,353 |
| Other Fixed Assets | 251,703 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 897,550 |
| All Other Assets | 247,500 |
| TOTAL ASSETS | 123,392,755 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 818,266 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 244,940 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 20,586,805 |
| Regular shares | 20,494,723 |
| All Other Shares & Deposits | 62,991,840 |
| TOTAL SHARES & DEPOSITS | 104,073,367 |
| TOTAL LIABILITIES | 105,179,010 |
| Regular Reserve | 0 |
| Other Reserves | 983,949 |
| Undivided Earnings | 17,229,796 |
| TOTAL EQUITY | 18,213,745 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 123,392,755 |
| INCOME & EXPENSE | |
| Loan Income | 3,528,371 |
| Investment Income | 926,970 |
| Other Income | 403,610 |
| Total Employee Compensation & Benefits | 1,241,927 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,226,030 |
| Non-operating Income & (Expense) | 3 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 41,000 |
| Cost of Funds | 1,418,071 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 942,065 |
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