Dec, 31, 2020 — M D U EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in GLENDIVE, MT with 1 branch location and about $4.06 million in total assets. Opened 65 years ago in 1956, M D U EMPLOYEES FEDERAL CREDIT UNION has about 556 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | M D U EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 606 GLENDIVE, MT 59330 |
| Phone: | (406) 377-8883 |
| Fax: | (406) 377-3978 |
| Website: | http://www.mdufcu.com |
| Branches: | 1 branch locations |
| Members: | 556 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11331 |
|---|---|
| Membership Type: | Service - Communications and Utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Oct 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,060,082 |
| CEO/Manager: | Michelle Sickler |
| Chairperson: | Marc Dempewolf |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 350,984 |
| TOTAL INVESTMENTS | 1,821,095 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 16,831 |
| Other Loans | 1,779,394 |
| TOTAL LOANS | 1,796,225 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,873 |
| Land And Building | 54,167 |
| Other Fixed Assets | 2,226 |
| NCUSIF Deposit | 30,132 |
| All Other Assets | 8,126 |
| TOTAL ASSETS | 4,060,082 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,753 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,362 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,229,246 |
| All Other Shares & Deposits | 163,070 |
| TOTAL SHARES & DEPOSITS | 3,392,316 |
| TOTAL LIABILITIES | 3,395,431 |
| Regular Reserve | 100,273 |
| Other Reserves | 0 |
| Undivided Earnings | 564,378 |
| TOTAL EQUITY | 664,651 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,060,082 |
| INCOME & EXPENSE | |
| Loan Income | 94,332 |
| Investment Income | 26,953 |
| Other Income | 288 |
| Total Employee Compensation & Benefits | 68,053 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 41,373 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 10,169 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,978 |
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