Overview / Commentary
Montana Educators' Credit Union is headquartered in Missoula and is the 30th largest credit union in the state of Montana. It is also the 3,091st largest credit union in the nation. It was established in 1995 and as of June of 2023, it had grown to 5 employees and 1,518 members at 2 locations. Montana Educators' Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Montana Educators' Credit Union is open to those who live in the Montana counties of Granite, Lake, Mineral, Missoula, Ravalli, or Sanders. Family members of current members are also eligible to join.
See current membership details
Health
B
Data as of Q2 2023
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 | 0.58% |
| Return on Equity - YTD | 6.89% |
| Annual Interest Income | $516.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $26.7MM$26.7MM |
| Loans | Q2 2023vs Q2 2022 | $19.3MM$15.5MM |
| Deposits | Q2 2023vs Q2 2022 | $24.3MM$23.2MM |
| Equity Capital | Q2 2023vs Q2 2022 | $2.2MM$2.1MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$68.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $0$11.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |