Dec, 31, 2023 — DANIELS-SHERIDAN FEDERAL CREDIT UNION is a federal credit union headquartered in SCOBEY, MT with 2 branch locations and about $67.04 million in total assets. Opened 81 years ago in 1943, DANIELS-SHERIDAN FEDERAL CREDIT UNION has about 3,075 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DANIELS-SHERIDAN FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 404 Main Street SCOBEY, MT 59263-1160 |
| Phone: | (406) 487-5391 |
| Fax: | (406) 487-5400 |
| Website: | https://www.dsfcu.net |
| Branches: | 2 branch locations |
| Members: | 3,075 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5063 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1943 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $67,037,900 |
| CEO/Manager: | Timothy Rask |
| Chairperson: | MICHAEL THIEVIN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,650,953 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 18,039,213 |
| Unsecured Loans | 5,158,854 |
| Other Loans | 26,341,272 |
| TOTAL LOANS | 49,539,340 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -539,226 |
| Land And Building | 416,872 |
| Other Fixed Assets | 189,093 |
| NCUSIF Deposit | 475,367 |
| All Other Assets | 45,158 |
| TOTAL ASSETS | 67,037,900 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 34,856 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,488,361 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 13,777,746 |
| Regular shares | 32,493,414 |
| All Other Shares & Deposits | 9,182,175 |
| TOTAL SHARES & DEPOSITS | 55,453,335 |
| TOTAL LIABILITIES | 56,976,552 |
| Regular Reserve | 0 |
| Other Reserves | 7,243,180 |
| Undivided Earnings | 2,818,168 |
| TOTAL EQUITY | 10,061,348 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 67,037,900 |
| INCOME & EXPENSE | |
| Loan Income | 2,154,724 |
| Investment Income | 511,665 |
| Other Income | 109,039 |
| Total Employee Compensation & Benefits | 1,061,361 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 861,431 |
| Non-operating Income & (Expense) | -2 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 125,000 |
| Cost of Funds | 240,586 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 508,804 |
| ↑ Back to Top | |