BEAR PAW CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.bearpawcu.org for more information.
Dec, 31, 2023 — BEAR PAW CREDIT UNION is a federally insured state chartered credit union headquartered in Havre, MT with 5 branch locations and about $148.49 million in total assets. Opened 82 years ago in 1942, BEAR PAW CREDIT UNION has about 11,843 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: | BEAR PAW CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 471 Havre, MT 59501 |
| Phone: | (406) 265-9626 |
| Fax: | (406) 265-8818 |
| Website: | https://www.bearpawcu.org |
| Branches: | 5 branch locations |
| Members: | 11,843 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62658 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1942 |
| Last Audited: | Oct 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $148,491,884 |
| CEO/Manager: | Albert J Vukasin, Jr. |
| Chairperson: | Lowell Swenson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 19,854,430 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 16,677,907 |
| Unsecured Loans | 5,045,749 |
| Other Loans | 31,493,075 |
| TOTAL LOANS | 53,216,731 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,197,081 |
| Land And Building | 1,436,193 |
| Other Fixed Assets | 391,218 |
| NCUSIF Deposit | 1,330,146 |
| All Other Assets | 0 |
| TOTAL ASSETS | 148,491,884 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 771,541 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 33,205,081 |
| Regular shares | 77,679,739 |
| All Other Shares & Deposits | 27,512,553 |
| TOTAL SHARES & DEPOSITS | 138,397,373 |
| TOTAL LIABILITIES | 139,168,914 |
| Regular Reserve | 0 |
| Other Reserves | 3,360,747 |
| Undivided Earnings | 5,962,223 |
| TOTAL EQUITY | 9,322,970 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 148,491,884 |
| INCOME & EXPENSE | |
| Loan Income | 1,845,754 |
| Investment Income | 604,034 |
| Other Income | 1,226,721 |
| Total Employee Compensation & Benefits | 1,928,801 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,411,408 |
| Non-operating Income & (Expense) | -7,053 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 172,152 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -111,252 |
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