Jun, 30, 2023 — THE FAMILY FIRST FEDERAL CREDIT UNION is a federal credit union headquartered in GREAT FALLS, MT with 1 branch location and about $19.20 million in total assets. Opened 67 years ago in 1956, THE FAMILY FIRST FEDERAL CREDIT UNION has about 1,658 members and employs 3 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 |
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Address: (Main Office) | 2901 11th Ave s GREAT FALLS, MT 59405-5301 |
Phone: | (406) 727-7575 |
Fax: | (406) 727-0052 |
Website: | https://www.familyfirstfcu.org |
Branches: | 1 branch locations |
Members: | 1,658 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11364 |
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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, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $19,202,714 |
CEO/Manager: | Kathryn L Briggs |
Chairperson: | Scott S Smith |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,424,207 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 941,831 |
Unsecured Loans | 541,848 |
Other Loans | 4,357,694 |
TOTAL LOANS | 5,841,373 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -64,018 |
Land And Building | 312,696 |
Other Fixed Assets | 7,593 |
NCUSIF Deposit | 171,500 |
All Other Assets | 0 |
TOTAL ASSETS | 19,202,714 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 61 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 123,774 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 4,768,970 |
Regular shares | 11,479,773 |
All Other Shares & Deposits | 1,649,088 |
TOTAL SHARES & DEPOSITS | 17,897,831 |
TOTAL LIABILITIES | 18,021,666 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,181,048 |
TOTAL EQUITY | 1,181,048 |
TOTAL LIABILITIES, SHARES, & EQUITY | 19,202,714 |
INCOME & EXPENSE | |
Loan Income | 215,041 |
Investment Income | 58,633 |
Other Income | 69,630 |
Total Employee Compensation & Benefits | 181,222 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 243,839 |
Non-operating Income & (Expense) | 215 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 1,106 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -4,405 |
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