Sep, 30, 2022 — MOUNTAIN WEST FEDERAL CREDIT UNION is a federal credit union headquartered in BUTTE, MT with 2 branch locations and about $20.50 million in total assets. Opened 71 years ago in 1952, MOUNTAIN WEST FEDERAL CREDIT UNION has about 2,931 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) | 400 E Park St BUTTE, MT 59701-1923 |
| Phone: | (406) 782-9760 |
| Fax: | (406) 782-0406 |
| Website: | https://mountainwestfcu.com |
| Branches: | 2 branch locations |
| Members: | 2,931 |
| 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: | May 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $20,497,840 |
| CEO/Manager: | Whitney L Johnson |
| Chairperson: | Robert L Bristol |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 901,630 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 667,144 |
| Unsecured Loans | 1,113,313 |
| Other Loans | 11,411,284 |
| TOTAL LOANS | 13,191,741 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -81,998 |
| Land And Building | 520,304 |
| Other Fixed Assets | 16,399 |
| NCUSIF Deposit | 158,846 |
| All Other Assets | 0 |
| TOTAL ASSETS | 20,497,840 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 117,823 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,905,706 |
| Regular shares | 13,142,652 |
| All Other Shares & Deposits | 744,985 |
| TOTAL SHARES & DEPOSITS | 16,793,343 |
| TOTAL LIABILITIES | 16,911,166 |
| Regular Reserve | 0 |
| Other Reserves | 325,948 |
| Undivided Earnings | 3,260,726 |
| TOTAL EQUITY | 3,586,674 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 20,497,840 |
| INCOME & EXPENSE | |
| Loan Income | 533,323 |
| Investment Income | 32,509 |
| Other Income | 152,784 |
| Total Employee Compensation & Benefits | 307,422 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 282,457 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,000 |
| Cost of Funds | 3,717 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 135,650 |
| ↑ Back to Top | |