Dec, 31, 2023 — BADLANDS FEDERAL CREDIT UNION is a federal credit union headquartered in GLENDIVE, MT with 1 branch location and about $37.54 million in total assets. Opened 83 years ago in 1941, BADLANDS FEDERAL CREDIT UNION has about 2,188 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BADLANDS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 302 W Towne St GLENDIVE, MT 59330-1744 |
Phone: | (406) 377-4442 |
Fax: | (406) 377-6878 |
Website: | https://badlandsfcu.org |
Branches: | 1 branch locations |
Members: | 2,188 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 4227 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1941 |
Last Audited: | Aug 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $37,542,395 |
CEO/Manager: | Shiloh Smeltzer |
Chairperson: | Dean Oellermann |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,285,321 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,484,495 |
Unsecured Loans | 1,043,353 |
Other Loans | 8,669,512 |
TOTAL LOANS | 11,197,360 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -104,454 |
Land And Building | 411,678 |
Other Fixed Assets | 5,042 |
NCUSIF Deposit | 273,770 |
All Other Assets | 0 |
TOTAL ASSETS | 37,542,395 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 12,134 |
Notes & Interest Payable | 141,161 |
Accounts Payable & Other Liabilities | 22,236 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 9,365,106 |
Regular shares | 18,286,058 |
All Other Shares & Deposits | 6,902,023 |
TOTAL SHARES & DEPOSITS | 34,553,187 |
TOTAL LIABILITIES | 34,728,718 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,813,677 |
TOTAL EQUITY | 2,813,677 |
TOTAL LIABILITIES, SHARES, & EQUITY | 37,542,395 |
INCOME & EXPENSE | |
Loan Income | 573,604 |
Investment Income | 494,966 |
Other Income | 94,319 |
Total Employee Compensation & Benefits | 430,939 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 629,176 |
Non-operating Income & (Expense) | 4,922 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 50,708 |
Cost of Funds | 212,940 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -42,226 |
↑ Back to Top |