Jun, 30, 2021 — THE FAMILY FIRST FEDERAL CREDIT UNION is a federal credit union headquartered in Great Falls, MT with 1 branch location and about $18.27 million in total assets. Opened 65 years ago in 1956, THE FAMILY FIRST FEDERAL CREDIT UNION has about 1,724 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 |
|---|---|
| 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: | 1,724 |
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $18,265,777 |
| CEO/Manager: | Kathryn L Briggs |
| Chairperson: | Chris McIntosh |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,672,173 |
| TOTAL INVESTMENTS | 8,931,153 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 866,911 |
| Unsecured Loans | 616,668 |
| Other Loans | 4,604,086 |
| TOTAL LOANS | 6,087,665 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -68,757 |
| Land And Building | 322,238 |
| Other Fixed Assets | 14,805 |
| NCUSIF Deposit | 152,262 |
| All Other Assets | 154,238 |
| TOTAL ASSETS | 18,265,777 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 32 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 133,328 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,761,459 |
| Regular shares | 10,777,653 |
| All Other Shares & Deposits | 1,463,460 |
| TOTAL SHARES & DEPOSITS | 17,002,572 |
| TOTAL LIABILITIES | 17,135,932 |
| Regular Reserve | 186,356 |
| Other Reserves | 0 |
| Undivided Earnings | 943,489 |
| TOTAL EQUITY | 1,129,845 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,265,777 |
| INCOME & EXPENSE | |
| Loan Income | 163,043 |
| Investment Income | 30,617 |
| Other Income | 36,619 |
| Total Employee Compensation & Benefits | 122,155 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 165,550 |
| Non-operating Income & (Expense) | 1,583 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 11,000 |
| Cost of Funds | 885 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -13,756 |
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