Sep, 30, 2022 — FERGUS FEDERAL CREDIT UNION is a federal credit union headquartered in LEWISTOWN, MT with 1 branch location and about $101.18 million in total assets. Opened 70 years ago in 1953, FERGUS FEDERAL CREDIT UNION has about 6,207 members and employs 19 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FERGUS FEDERAL CREDIT UNION |
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Address: (Main Office) | 106 E Janeaux St LEWISTOWN, MT 59457-3033 |
Phone: | (406) 535-7478 |
Fax: | (406) 535-9790 |
Website: | https://www.fergusfcu.com |
Branches: | 1 branch locations |
Members: | 6,207 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 8881 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $101,180,018 |
CEO/Manager: | Jayme S Durbin |
Chairperson: | Tracy Bent |
ASSETS: | $ Amount |
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Cash & Equivalents | 8,906,468 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 14,735,550 |
Unsecured Loans | 1,818,902 |
Other Loans | 48,068,035 |
TOTAL LOANS | 64,622,487 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -230,038 |
Land And Building | 595,875 |
Other Fixed Assets | 97,978 |
NCUSIF Deposit | 809,970 |
All Other Assets | 32,085 |
TOTAL ASSETS | 101,180,018 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 380,192 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 17,865,609 |
Regular shares | 31,485,935 |
All Other Shares & Deposits | 40,876,501 |
TOTAL SHARES & DEPOSITS | 90,228,045 |
TOTAL LIABILITIES | 90,608,237 |
Regular Reserve | 0 |
Other Reserves | 704,841 |
Undivided Earnings | 9,866,940 |
TOTAL EQUITY | 10,571,781 |
TOTAL LIABILITIES, SHARES, & EQUITY | 101,180,018 |
INCOME & EXPENSE | |
Loan Income | 2,131,399 |
Investment Income | 244,452 |
Other Income | 275,222 |
Total Employee Compensation & Benefits | 950,937 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 941,952 |
Non-operating Income & (Expense) | -34 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 130,000 |
Cost of Funds | 235,682 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 655,092 |
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