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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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