Mar, 31, 2022 — M D U EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in GLENDIVE, MT with 1 branch location and about $4.32 million in total assets. Opened 66 years ago in 1956, M D U EMPLOYEES FEDERAL CREDIT UNION has about 537 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) | 210 S Merrill Ave GLENDIVE, MT 59330 |
| Phone: | (406) 377-8883 |
| Fax: | (406) 377-3978 |
| Website: | http://www.mdufcu.com |
| Branches: | 1 branch locations |
| Members: | 537 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,317,021 |
| CEO/Manager: | Michelle Sickler |
| Chairperson: | Marc Dempewolf |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 358,711 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 16,687 |
| Other Loans | 1,533,522 |
| TOTAL LOANS | 1,550,209 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,873 |
| Land And Building | 46,554 |
| Other Fixed Assets | 1,236 |
| NCUSIF Deposit | 33,923 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,317,021 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,290 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,681,961 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,681,961 |
| TOTAL LIABILITIES | 3,683,251 |
| Regular Reserve | 0 |
| Other Reserves | 100,273 |
| Undivided Earnings | 533,497 |
| TOTAL EQUITY | 633,770 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,317,021 |
| INCOME & EXPENSE | |
| Loan Income | 16,906 |
| Investment Income | 1,668 |
| Other Income | 101 |
| Total Employee Compensation & Benefits | 17,253 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 10,721 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 451 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -9,750 |
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