Dec, 31, 2023 — INTREPID CREDIT UNION is a federally insured state chartered credit union headquartered in HELENA, MT with 6 branch locations and about $314.87 million in total assets. Opened 88 years ago in 1936, INTREPID CREDIT UNION has about 20,521 members and employs 83 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | INTREPID CREDIT UNION |
|---|---|
| Address: (Main Office) | 915 Kessler St HELENA, MT 59601 |
| Phone: | (406) 443-5400 |
| Fax: | (406) 443-6158 |
| Website: | https://www.intrepidcu.org |
| Branches: | 6 branch locations |
| Members: | 20,521 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68495 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $314,868,160 |
| CEO/Manager: | Greg Strizich |
| Chairperson: | Donald W Polly |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,141,862 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 85,578,963 |
| Unsecured Loans | 7,610,498 |
| Other Loans | 161,322,870 |
| TOTAL LOANS | 254,512,331 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,079,500 |
| Land And Building | 16,953,223 |
| Other Fixed Assets | 1,628,769 |
| NCUSIF Deposit | 2,629,016 |
| All Other Assets | 108,414 |
| TOTAL ASSETS | 314,868,160 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 16,952,658 |
| Accounts Payable & Other Liabilities | 2,554,220 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 58,148,723 |
| Regular shares | 109,528,395 |
| All Other Shares & Deposits | 96,213,533 |
| TOTAL SHARES & DEPOSITS | 263,890,651 |
| TOTAL LIABILITIES | 283,397,529 |
| Regular Reserve | 0 |
| Other Reserves | 1,009,273 |
| Undivided Earnings | 30,461,358 |
| TOTAL EQUITY | 31,470,631 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 314,868,160 |
| INCOME & EXPENSE | |
| Loan Income | 12,666,819 |
| Investment Income | 590,836 |
| Other Income | 3,878,921 |
| Total Employee Compensation & Benefits | 6,469,920 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 6,099,422 |
| Non-operating Income & (Expense) | 348,149 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 201,033 |
| Cost of Funds | 3,193,857 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,520,493 |
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