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M D U EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — M D U EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in GLENDIVE, MT with 1 branch location and about $4.11 million in total assets. Opened 68 years ago in 1956, M D U EMPLOYEES FEDERAL CREDIT UNION has about 504 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:M D U EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
210 S Merrill Ave
GLENDIVE, MT 59330
Phone:(406) 377-8883
Fax:(406) 377-3978
Website:https://www.mdufcu.com
Branches:1 branch locations
Members:504
Credit Union Type:Federal Credit Union
Charter Number:11331
Membership Type:Service - Communications and Utilities
Corporate Credit Union:No
Year Opened:1956
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$4,106,053
CEO/Manager:Michelle Sickler
Chairperson:Andrew Helm

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 170,307
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 12,871
 Other Loans 2,722,908
 TOTAL LOANS 2,735,778
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,873
 Land And Building 35,897
 Other Fixed Assets 61
 NCUSIF Deposit 37,408
 All Other Assets 0
  TOTAL ASSETS 4,106,053
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 36,566
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,177,192
 All Other Shares & Deposits 264,629
  TOTAL SHARES & DEPOSITS 3,441,821
  TOTAL LIABILITIES 3,478,387
 Regular Reserve 0
 Other Reserves 100,273
 Undivided Earnings 527,393
  TOTAL EQUITY 627,666
  TOTAL LIABILITIES, SHARES, & EQUITY 4,106,053
INCOME & EXPENSE  
 Loan Income 106,824
 Investment Income 39,816
 Other Income 432
 Total Employee Compensation & Benefits 71,669
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 45,107
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 12,641
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 17,655
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