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 2,321st largest credit union in the nation. It was established in 1943 and as of September of 2019, it had grown to 14 employees and 2,976 members at 2 locations. Daniels-Sheridan Federal Credit Union's CD rates are 67% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
Membership is open to those who live or work in Daniels, Sheridan, and North Valley counties of Montana and to immediate family of existing members.
See current membership details
Health
B
Data as of Q3 2019
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 | 14 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.15% |
| Return on Equity - YTD | 6.5% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $50.4MM$50.4MM |
| Loans | Q3 2019vs Q3 2018 | $32.8MM$30.0MM |
| Deposits | Q3 2019vs Q3 2018 | $41.3MM$41.9MM |
| Equity Capital | Q3 2019vs Q3 2018 | $8.8MM$8.3MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $532.00K$654.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $591.00K$356.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $165.00K$96.00K |