Overview / Commentary
Montana Educators' Credit Union is headquartered in Missoula and is the 31st largest credit union in the state of Montana. It is also the 3,173rd largest credit union in the nation. It was established in 1995 and as of September of 2022, it had grown to 5 employees and 1,463 members at 2 locations. Montana Educators' Credit Union's CD rates are 4X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Montana Educators' Credit Union is open to: (1) those who live in Missoula County; (2) active and retired school employees in Sanders, Mineral, and Granite counties; (3) family of current credit union members.
See current membership details
Health
B+
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. Montana Educators' Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68190 |
| Year Chartered | 1995 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.64% |
| Return on Equity - YTD | 8.02% |
| Annual Interest Income | $565.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $26.4MM$24.1MM |
| Loans | Q3 2022vs Q3 2021 | $16.3MM$13.1MM |
| Deposits | Q3 2022vs Q3 2021 | $23.9MM$21.9MM |
| Equity Capital | Q3 2022vs Q3 2021 | $2.1MM$2.0MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $71.00K$68.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $7.00K$0 |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |