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MOUNTAIN WEST FEDERAL CREDIT UNION

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

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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