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MONTANA FEDERAL CREDIT UNION

Sep, 30, 2025 — MONTANA FEDERAL CREDIT UNION is a federal credit union headquartered in GREAT FALLS, MT with 4 branch locations and about $344.07 million in total assets. Opened 86 years ago in 1940, MONTANA FEDERAL CREDIT UNION has about 25,833 members and employs 74 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MONTANA FEDERAL CREDIT UNION
Address:
(Main Office)
15 14th St S
GREAT FALLS, MT 59401-3800
Phone:(406) 727-2210
Fax:(406) 727-8655
Website:https://www.montanacu.com
Branches:4 branch locations
Members:25,833
Credit Union Type:Federal Credit Union
Charter Number:4164
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1940
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$344,073,050
CEO/Manager:John Hageman
Chairperson:Paul Dockter

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 41,229,205
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 68,336,657
 Unsecured Loans 7,159,400
 Other Loans 166,935,860
 TOTAL LOANS 242,431,916
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -834,597
 Land And Building 11,532,083
 Other Fixed Assets 1,117,555
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 2,900,540
 All Other Assets 101,702
  TOTAL ASSETS 344,073,050
LIABILITIES & CAPITAL:  
 Dividends Payable 1,506
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,522,900
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 71,608,027
 Regular shares 146,520,953
 All Other Shares & Deposits 83,762,018
  TOTAL SHARES & DEPOSITS 301,890,997
  TOTAL LIABILITIES 303,415,403
 Regular Reserve 0
 Other Reserves -1,728,436
 Undivided Earnings 42,386,083
  TOTAL EQUITY 40,657,647
  TOTAL LIABILITIES, SHARES, & EQUITY 344,073,050
INCOME & EXPENSE  
 Loan Income 10,000,763
 Investment Income 1,896,015
 Other Income 1,083,416
 Total Employee Compensation & Benefits 4,208,275
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 5,615,168
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 375,000
 Cost of Funds 1,607,767
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,123,817
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