Mar, 31, 2022 — MOUNTAIN WEST FEDERAL CREDIT UNION is a federal credit union headquartered in BUTTE, MT with 2 branch locations and about $18.89 million in total assets. Opened 70 years ago in 1952, MOUNTAIN WEST FEDERAL CREDIT UNION has about 2,844 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: | http://mountainwestfcu.com |
| Branches: | 2 branch locations |
| Members: | 2,844 |
| 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: | $18,891,952 |
| CEO/Manager: | Whitney L Johnson |
| Chairperson: | Robert L Bristol |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 719,115 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 520,095 |
| Unsecured Loans | 1,016,523 |
| Other Loans | 9,547,995 |
| TOTAL LOANS | 11,084,613 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -68,126 |
| Land And Building | 507,699 |
| Other Fixed Assets | 11,310 |
| NCUSIF Deposit | 131,828 |
| All Other Assets | 0 |
| TOTAL ASSETS | 18,891,952 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,148 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 75,027 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,524,217 |
| Regular shares | 12,171,335 |
| All Other Shares & Deposits | 685,257 |
| TOTAL SHARES & DEPOSITS | 15,380,809 |
| TOTAL LIABILITIES | 15,456,984 |
| Regular Reserve | 0 |
| Other Reserves | 325,948 |
| Undivided Earnings | 3,109,020 |
| TOTAL EQUITY | 3,434,968 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,891,952 |
| INCOME & EXPENSE | |
| Loan Income | 166,252 |
| Investment Income | 9,815 |
| Other Income | 45,784 |
| Total Employee Compensation & Benefits | 114,064 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 93,595 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,334 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 31,510 |
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