Sep, 30, 2025 — BILLINGS FEDERAL CREDIT UNION is a federal credit union headquartered in BILLINGS, MT with 4 branch locations and about $213.90 million in total assets. Opened 91 years ago in 1935, BILLINGS FEDERAL CREDIT UNION has about 12,931 members and employs 48 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BILLINGS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2522 4th Ave N BILLINGS, MT 59101-1316 |
| Phone: | (406) 248-1127 |
| Fax: | (406) 248-2704 |
| Website: | https://www.billingsfcu.org |
| Branches: | 4 branch locations |
| Members: | 12,931 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 887 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $213,901,567 |
| CEO/Manager: | Tom Boos |
| Chairperson: | Patrick J Erger |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 14,764,720 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 505,516 |
| Real Estate Loans | 128,935,481 |
| Unsecured Loans | 10,807,530 |
| Other Loans | 38,090,386 |
| TOTAL LOANS | 177,833,398 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,312,417 |
| Land And Building | 11,304,380 |
| Other Fixed Assets | 2,043,385 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,614,667 |
| All Other Assets | 268,412 |
| TOTAL ASSETS | 213,901,567 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,031,082 |
| Notes & Interest Payable | 3,000,000 |
| Accounts Payable & Other Liabilities | 3,247,108 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 28,140,912 |
| Regular shares | 51,499,945 |
| All Other Shares & Deposits | 101,495,557 |
| TOTAL SHARES & DEPOSITS | 181,136,414 |
| TOTAL LIABILITIES | 188,414,604 |
| Regular Reserve | 0 |
| Other Reserves | 1,901,906 |
| Undivided Earnings | 23,585,057 |
| TOTAL EQUITY | 25,486,963 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 213,901,567 |
| INCOME & EXPENSE | |
| Loan Income | 7,696,578 |
| Investment Income | 611,554 |
| Other Income | 1,653,868 |
| Total Employee Compensation & Benefits | 3,608,047 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,533,181 |
| Non-operating Income & (Expense) | 2,110 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 477,978 |
| Cost of Funds | 3,026,827 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 441,089 |
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