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MILE HIGH FEDERAL CREDIT UNION

Sep, 30, 2025 — MILE HIGH FEDERAL CREDIT UNION is a federal credit union headquartered in BUTTE, MT with 1 branch location and about $28.52 million in total assets. Opened 90 years ago in 1936, MILE HIGH FEDERAL CREDIT UNION has about 1,735 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MILE HIGH FEDERAL CREDIT UNION
Address:
(Main Office)
3410 MONROE AVE
BUTTE, MT 59701
Phone:(406) 782-8341
Fax:(406) 782-8342
Website:https://www.milehighfcu.org
Branches:1 branch locations
Members:1,735
Credit Union Type:Federal Credit Union
Charter Number:1739
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1936
Last Audited:Sep 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$28,524,962
CEO/Manager:Kristy Tate
Chairperson:Don Morrison

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,273,591
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,058,592
 Unsecured Loans 758,653
 Other Loans 8,578,265
 TOTAL LOANS 10,395,511
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -77,196
 Land And Building 889,043
 Other Fixed Assets 36,602
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 258,975
 All Other Assets 0
  TOTAL ASSETS 28,524,962
LIABILITIES & CAPITAL:  
 Dividends Payable 3,236
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 143,109
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,016,103
 Regular shares 13,988,140
 All Other Shares & Deposits 5,195,074
  TOTAL SHARES & DEPOSITS 24,199,318
  TOTAL LIABILITIES 24,345,663
 Regular Reserve 0
 Other Reserves 2,209,086
 Undivided Earnings 1,970,213
  TOTAL EQUITY 4,179,299
  TOTAL LIABILITIES, SHARES, & EQUITY 28,524,962
INCOME & EXPENSE  
 Loan Income 437,526
 Investment Income 566,593
 Other Income 64,525
 Total Employee Compensation & Benefits 331,187
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 457,303
 Non-operating Income & (Expense) 7,397
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,300
 Cost of Funds 63,029
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 318,168
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