Sep, 30, 2025 — CLEARWATER FEDERAL CREDIT UNION is a federal credit union headquartered in MISSOULA, MT with 12 branch locations and about $1.13 billion in total assets. Opened 70 years ago in 1956, CLEARWATER FEDERAL CREDIT UNION has about 65,939 members and employs 195 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CLEARWATER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3600 Brooks St MISSOULA, MT 59801 |
| Phone: | (406) 523-3300 |
| Fax: | (406) 523-3535 |
| Website: | https://www.clearwatercreditunion.org |
| Branches: | 12 branch locations |
| Members: | 65,939 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11300 |
|---|---|
| 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: | $1,125,980,847 |
| CEO/Manager: | Jack Lawson |
| Chairperson: | Anthony R Boote |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 57,128,862 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 539,126,758 |
| Unsecured Loans | 85,172,480 |
| Other Loans | 210,737,867 |
| TOTAL LOANS | 835,083,923 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,168,838 |
| Land And Building | 25,122,392 |
| Other Fixed Assets | 2,066,198 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 7,938,388 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,125,980,847 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 376,856 |
| Notes & Interest Payable | 75,000,000 |
| Accounts Payable & Other Liabilities | 12,880,837 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 17,800,000 |
| Share Drafts | 279,611,459 |
| Regular shares | 273,444,698 |
| All Other Shares & Deposits | 353,655,772 |
| TOTAL SHARES & DEPOSITS | 906,711,928 |
| TOTAL LIABILITIES | 1,013,604,871 |
| Regular Reserve | 0 |
| Other Reserves | -10,587,281 |
| Undivided Earnings | 122,963,257 |
| TOTAL EQUITY | 112,375,976 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,125,980,847 |
| INCOME & EXPENSE | |
| Loan Income | 34,922,913 |
| Investment Income | 8,003,769 |
| Other Income | 1,861,223 |
| Total Employee Compensation & Benefits | 14,156,194 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 13,116,374 |
| Non-operating Income & (Expense) | 19,537 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,759,941 |
| Cost of Funds | 13,626,498 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,694,271 |
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