Sep, 30, 2025 — ALTANA FEDERAL CREDIT UNION is a federal credit union headquartered in BILLINGS, MT with 11 branch locations and about $615.10 million in total assets. Opened 77 years ago in 1949, ALTANA FEDERAL CREDIT UNION has about 39,710 members and employs 132 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALTANA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3212 Central Ave BILLINGS, MT 59102-6646 |
| Phone: | (406) 651-2328 |
| Fax: | (406) 651-2359 |
| Website: | https://www.altanafcu.org |
| Branches: | 11 branch locations |
| Members: | 39,710 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6275 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Apr 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $615,096,046 |
| CEO/Manager: | Jason Hagadone |
| Chairperson: | William M Pedersen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 52,383,235 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 234,118,354 |
| Unsecured Loans | 18,258,935 |
| Other Loans | 223,245,418 |
| TOTAL LOANS | 475,622,707 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,758,264 |
| Land And Building | 12,269,390 |
| Other Fixed Assets | 863,039 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,887,066 |
| All Other Assets | 50,025 |
| TOTAL ASSETS | 615,096,046 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 267 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,850,498 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 113,227,194 |
| Regular shares | 170,774,990 |
| All Other Shares & Deposits | 257,995,461 |
| TOTAL SHARES & DEPOSITS | 541,997,645 |
| TOTAL LIABILITIES | 545,848,410 |
| Regular Reserve | 0 |
| Other Reserves | 8,850,695 |
| Undivided Earnings | 60,396,941 |
| TOTAL EQUITY | 69,247,636 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 615,096,046 |
| INCOME & EXPENSE | |
| Loan Income | 22,433,375 |
| Investment Income | 2,815,184 |
| Other Income | 1,992,907 |
| Total Employee Compensation & Benefits | 10,057,715 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 7,786,356 |
| Non-operating Income & (Expense) | -57,830 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,241,415 |
| Cost of Funds | 7,015,165 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,347,808 |
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