Jun, 30, 2021 — MILE HIGH FEDERAL CREDIT UNION is a federal credit union headquartered in BUTTE, MT with 1 branch location and about $29.93 million in total assets. Opened 85 years ago in 1936, MILE HIGH FEDERAL CREDIT UNION has about 1,935 members and employs 6 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, P.O. BOX 3152 BUTTE, MT 59701 |
| Phone: | (406) 782-8341 |
| Fax: | (406) 782-8342 |
| Website: | http://www.milehighfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,935 |
| 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: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $29,932,552 |
| CEO/Manager: | Kristy Tate |
| Chairperson: | Don Morrison |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,579,159 |
| TOTAL INVESTMENTS | 17,730,007 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 416,331 |
| Unsecured Loans | 646,644 |
| Other Loans | 7,164,312 |
| TOTAL LOANS | 8,227,287 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,266 |
| Land And Building | 994,663 |
| Other Fixed Assets | 33,021 |
| NCUSIF Deposit | 244,806 |
| All Other Assets | 142,875 |
| TOTAL ASSETS | 29,932,552 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,562 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 63,685 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,775,288 |
| Regular shares | 13,747,521 |
| All Other Shares & Deposits | 7,651,084 |
| TOTAL SHARES & DEPOSITS | 26,173,893 |
| TOTAL LIABILITIES | 26,240,140 |
| Regular Reserve | 312,356 |
| Other Reserves | 2,209,086 |
| Undivided Earnings | 1,170,970 |
| TOTAL EQUITY | 3,692,412 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 29,932,552 |
| INCOME & EXPENSE | |
| Loan Income | 203,531 |
| Investment Income | 91,646 |
| Other Income | 41,051 |
| Total Employee Compensation & Benefits | 161,009 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 256,382 |
| Non-operating Income & (Expense) | 5,836 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 14,539 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -41,081 |
| ↑ Back to Top | |