Sep, 30, 2022 — BUTTE COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in BUTTE, MT with 1 branch location and about $31.25 million in total assets. Opened 53 years ago in 1970, BUTTE COMMUNITY FEDERAL CREDIT UNION has about 2,705 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: | BUTTE COMMUNITY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 2901 Grand Ave BUTTE, MT 59701-5172 |
Phone: | (406) 723-8284 |
Fax: | (406) 723-3679 |
Website: | https://www.buttecommunityfcu.com |
Branches: | 1 branch locations |
Members: | 2,705 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 19896 |
---|---|
Membership Type: | Community - Rural District |
Corporate Credit Union: | No |
Year Opened: | 1970 |
Last Audited: | Mar 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $31,253,395 |
CEO/Manager: | Karen M Mandic |
Chairperson: | John MacDonald |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,042,064 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,097,126 |
Unsecured Loans | 1,196,257 |
Other Loans | 11,304,378 |
TOTAL LOANS | 15,597,761 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,368 |
Land And Building | 130,138 |
Other Fixed Assets | 37,532 |
NCUSIF Deposit | 284,170 |
All Other Assets | 0 |
TOTAL ASSETS | 31,253,395 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 663 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 250,187 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,863,361 |
Regular shares | 18,698,680 |
All Other Shares & Deposits | 3,360,026 |
TOTAL SHARES & DEPOSITS | 28,922,067 |
TOTAL LIABILITIES | 29,172,917 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,080,478 |
TOTAL EQUITY | 2,080,478 |
TOTAL LIABILITIES, SHARES, & EQUITY | 31,253,395 |
INCOME & EXPENSE | |
Loan Income | 428,737 |
Investment Income | 75,417 |
Other Income | 241,044 |
Total Employee Compensation & Benefits | 285,392 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 465,415 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 810 |
Cost of Funds | 12,446 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -2,372 |
↑ Back to Top |