Sep, 30, 2025 — SOUTHWEST MONTANA COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in ANACONDA, MT with 5 branch locations and about $205.71 million in total assets. Opened 85 years ago in 1941, SOUTHWEST MONTANA COMMUNITY FEDERAL CREDIT UNION has about 11,715 members and employs 38 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SOUTHWEST MONTANA COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1035 W Park Ave ANACONDA, MT 59711 |
| Phone: | (406) 563-8484 |
| Fax: | (406) 563-7122 |
| Website: | https://www.swmcfcu.org |
| Branches: | 5 branch locations |
| Members: | 11,715 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4401 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Jun 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $205,713,399 |
| CEO/Manager: | Teri Krakowka |
| Chairperson: | Con Malee |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 22,147,297 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 68,842,066 |
| Unsecured Loans | 3,323,373 |
| Other Loans | 47,417,603 |
| TOTAL LOANS | 119,583,042 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,477,160 |
| Land And Building | 5,167,289 |
| Other Fixed Assets | 156,218 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,797,369 |
| All Other Assets | 0 |
| TOTAL ASSETS | 205,713,399 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 90 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,613,316 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 40,799,591 |
| Regular shares | 83,535,602 |
| All Other Shares & Deposits | 62,319,473 |
| TOTAL SHARES & DEPOSITS | 186,654,666 |
| TOTAL LIABILITIES | 188,268,072 |
| Regular Reserve | 0 |
| Other Reserves | -3,152,742 |
| Undivided Earnings | 20,598,069 |
| TOTAL EQUITY | 17,445,327 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 205,713,399 |
| INCOME & EXPENSE | |
| Loan Income | 4,995,137 |
| Investment Income | 1,708,052 |
| Other Income | 1,297,181 |
| Total Employee Compensation & Benefits | 1,959,570 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,387,389 |
| Non-operating Income & (Expense) | -46,059 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,079,854 |
| Cost of Funds | 1,507,925 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 40,243 |
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