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RICHLAND FEDERAL CREDIT UNION

Sep, 30, 2025 — RICHLAND FEDERAL CREDIT UNION is a federal credit union headquartered in SIDNEY, MT with 2 branch locations and about $113.64 million in total assets. Opened 87 years ago in 1939, RICHLAND FEDERAL CREDIT UNION has about 4,866 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:RICHLAND FEDERAL CREDIT UNION
Address:
(Main Office)
201 W Holly St
SIDNEY, MT 59270-3626
Phone:(406) 482-2704
Fax:(406) 482-2766
Website:https://www.richlandfederalcredituni
Branches:2 branch locations
Members:4,866
Credit Union Type:Federal Credit Union
Charter Number:3391
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1939
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$113,641,660
CEO/Manager:Corliss Wasson
Chairperson:Beth Redlin

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 11,621,591
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 19,248,038
 Unsecured Loans 182,115
 Other Loans 26,995,790
 TOTAL LOANS 46,447,673
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -705,456
 Land And Building 2,493,187
 Other Fixed Assets 173,639
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 867,764
 All Other Assets 0
  TOTAL ASSETS 113,641,660
LIABILITIES & CAPITAL:  
 Dividends Payable 40,453
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 635,430
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 30,282,730
 Regular shares 52,694,331
 All Other Shares & Deposits 13,294,491
  TOTAL SHARES & DEPOSITS 96,271,552
  TOTAL LIABILITIES 96,947,435
 Regular Reserve 0
 Other Reserves 174,031
 Undivided Earnings 16,520,194
  TOTAL EQUITY 16,694,225
  TOTAL LIABILITIES, SHARES, & EQUITY 113,641,660
INCOME & EXPENSE  
 Loan Income 2,341,406
 Investment Income 1,371,848
 Other Income 144,607
 Total Employee Compensation & Benefits 1,174,878
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 1,145,277
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 11,660
 Cost of Funds 778,142
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,001,652
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