Mar, 31, 2021 — THE FAMILY FIRST FEDERAL CREDIT UNION is a federal credit union headquartered in Great Falls, MT with 1 branch location and about $18.11 million in total assets. Opened 65 years ago in 1956, THE FAMILY FIRST FEDERAL CREDIT UNION has about 1,729 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | THE FAMILY FIRST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 6587 Great Falls, MT 59406-6587 |
| Phone: | (406) 727-7575 |
| Fax: | (406) 727-0052 |
| Website: | http://www.familyfirstfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,729 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11364 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Dec 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $18,108,676 |
| CEO/Manager: | Kathryn L Briggs |
| Chairperson: | Chris McIntosh |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,014,516 |
| TOTAL INVESTMENTS | 8,486,153 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 555,987 |
| Unsecured Loans | 647,459 |
| Other Loans | 4,784,639 |
| TOTAL LOANS | 5,988,085 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -70,382 |
| Land And Building | 324,358 |
| Other Fixed Assets | 19,767 |
| NCUSIF Deposit | 152,262 |
| All Other Assets | 193,917 |
| TOTAL ASSETS | 18,108,676 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 12 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 126,121 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,333,849 |
| Regular shares | 11,141,327 |
| All Other Shares & Deposits | 1,366,200 |
| TOTAL SHARES & DEPOSITS | 16,841,376 |
| TOTAL LIABILITIES | 16,967,509 |
| Regular Reserve | 184,031 |
| Other Reserves | 0 |
| Undivided Earnings | 957,136 |
| TOTAL EQUITY | 1,141,167 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,108,676 |
| INCOME & EXPENSE | |
| Loan Income | 82,977 |
| Investment Income | 16,914 |
| Other Income | 18,556 |
| Total Employee Compensation & Benefits | 62,515 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 80,614 |
| Non-operating Income & (Expense) | 4,583 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,000 |
| Cost of Funds | 426 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -2,434 |
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