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M M EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — M M EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in MISSOULA, MT with 1 branch location and about $1.70 million in total assets. Opened 84 years ago in 1937, M M EMPLOYEES FEDERAL CREDIT UNION has about 438 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:M M EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 1569
MISSOULA, MT 59806
Phone:(406) 541-6628
Fax:(406) 721-1625
Website:n/a
Branches:1 branch locations
Members:438
Credit Union Type:Federal Credit Union
Charter Number:2211
Membership Type:Multiple common bond - Primarily finance, insurance, real estate, trade
Corporate Credit Union:No
Year Opened:1937
Last Audited:Aug 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,695,184
CEO/Manager:Debra K McConaughey
Chairperson:Marshall Kyle

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 731,603
TOTAL INVESTMENTS 4,949
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 143,612
 Other Loans 799,378
 TOTAL LOANS 942,990
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,979
 Land And Building 0
 Other Fixed Assets 1,862
 NCUSIF Deposit 13,757
 All Other Assets 3,002
  TOTAL ASSETS 1,695,184
LIABILITIES & CAPITAL:  
 Dividends Payable 188
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,990
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,558,959
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,558,959
  TOTAL LIABILITIES 1,562,137
 Regular Reserve 31,042
 Other Reserves 0
 Undivided Earnings 102,005
  TOTAL EQUITY 133,047
  TOTAL LIABILITIES, SHARES, & EQUITY 1,695,184
INCOME & EXPENSE  
 Loan Income 10,428
 Investment Income 22
 Other Income 0
 Total Employee Compensation & Benefits 7,134
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,398
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 188
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -270
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