Daniels-Sheridan Federal Credit Union
Overview / Commentary
Daniels-Sheridan Federal Credit Union is headquartered in Scobey and is the 20th largest credit union in the state of Montana. It is also the 2,153rd largest credit union in the nation. It was established in 1943 and as of September of 2022, it had grown to 12 employees and 2,905 members at 2 locations. Daniels-Sheridan Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Daniels-Sheridan Federal Credit Union is open to those who live or work in Daniels, Sheridan, and North Valley Counties of Montana and to immediate family of existing members.
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Health
A
Data as of Q3 2022
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Daniels-Sheridan Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 5063 |
| Year Chartered | 1943 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.42% |
| Return on Equity - YTD | -3.26% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $73.3MM$63.5MM |
| Loans | Q3 2022vs Q3 2021 | $37.4MM$33.7MM |
| Deposits | Q3 2022vs Q3 2021 | $63.7MM$53.7MM |
| Equity Capital | Q3 2022vs Q3 2021 | $9.4MM$9.3MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $523.00K$423.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $71.00K$685.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$45.00K |