Sep, 30, 2022 — BITTERROOT COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in DARBY, MT with 2 branch locations and about $17.70 million in total assets. Opened 55 years ago in 1968, BITTERROOT COMMUNITY FEDERAL CREDIT UNION has about 2,072 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: | BITTERROOT COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 467 DARBY, MT 59829 |
| Phone: | (406) 821-3171 |
| Fax: | (406) 821-4416 |
| Website: | https://www.bitterrootcommunityfcu.com/ |
| Branches: | 2 branch locations |
| Members: | 2,072 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18964 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,704,165 |
| CEO/Manager: | Kathy Transue |
| Chairperson: | Gail Schulz |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,214,915 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 43,338 |
| Unsecured Loans | 531,002 |
| Other Loans | 6,736,416 |
| TOTAL LOANS | 7,310,756 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -39,015 |
| Land And Building | 427,372 |
| Other Fixed Assets | 139,760 |
| NCUSIF Deposit | 157,502 |
| All Other Assets | 0 |
| TOTAL ASSETS | 17,704,165 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 27 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 67,468 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,974,756 |
| Regular shares | 9,818,397 |
| All Other Shares & Deposits | 1,760,890 |
| TOTAL SHARES & DEPOSITS | 16,554,043 |
| TOTAL LIABILITIES | 16,621,538 |
| Regular Reserve | 0 |
| Other Reserves | 44,087 |
| Undivided Earnings | 1,038,540 |
| TOTAL EQUITY | 1,082,627 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,704,165 |
| INCOME & EXPENSE | |
| Loan Income | 262,208 |
| Investment Income | 96,316 |
| Other Income | 165,989 |
| Total Employee Compensation & Benefits | 216,509 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 243,323 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,000 |
| Cost of Funds | 2,533 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 54,525 |
| ↑ Back to Top | |