Mar, 31, 2021 — MOUNTAIN WEST FEDERAL CREDIT UNION is a federal credit union headquartered in BUTTE, MT with 2 branch locations and about $17.92 million in total assets. Opened 69 years ago in 1952, MOUNTAIN WEST FEDERAL CREDIT UNION has about 2,729 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MOUNTAIN WEST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. BOX 4295 BUTTE, MT 59701 |
| Phone: | (406) 782-9760 |
| Fax: | (406) 782-0406 |
| Website: | http://mountainwestfcu.com |
| Branches: | 2 branch locations |
| Members: | 2,729 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8129 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Feb 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,917,731 |
| CEO/Manager: | Leah K Salazar |
| Chairperson: | Robert L Bristol |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,859,255 |
| TOTAL INVESTMENTS | 5,211,201 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 529,577 |
| Unsecured Loans | 936,514 |
| Other Loans | 7,750,774 |
| TOTAL LOANS | 9,216,865 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -91,784 |
| Land And Building | 514,020 |
| Other Fixed Assets | 8,036 |
| NCUSIF Deposit | 131,828 |
| All Other Assets | 68,310 |
| TOTAL ASSETS | 17,917,731 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 849 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 80,041 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,859,515 |
| Regular shares | 11,099,027 |
| All Other Shares & Deposits | 668,759 |
| TOTAL SHARES & DEPOSITS | 14,627,301 |
| TOTAL LIABILITIES | 14,708,191 |
| Regular Reserve | 325,948 |
| Other Reserves | 0 |
| Undivided Earnings | 2,883,592 |
| TOTAL EQUITY | 3,209,540 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,917,731 |
| INCOME & EXPENSE | |
| Loan Income | 157,124 |
| Investment Income | 7,771 |
| Other Income | 46,409 |
| Total Employee Compensation & Benefits | 104,798 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 84,995 |
| Non-operating Income & (Expense) | 1,050 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,153 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 53,790 |
| ↑ Back to Top | |