Overview / Commentary
Richland Federal Credit Union is headquartered in Sidney and is the 16th largest credit union in the state of Montana. It is also the 1,810th largest credit union in the nation. It was established in 1939 and as of September of 2020, it had grown to 13 employees and 4,797 members at 2 locations. Richland Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Richland Federal Credit Union is open to those who live, work, worship, or attend school in, and businesses and other legal entities located in Richland or Roosevelt counties in Montana or within 25 miles of Sidney, Montana.
See current membership details
Health
A
Data as of Q3 2020
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. Richland Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 3391 |
| Year Chartered | 1939 |
| Employees | 13 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.87% |
| Return on Equity - YTD | 5.82% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $92.1MM$88.2MM |
| Loans | Q3 2020vs Q3 2019 | $39.1MM$41.3MM |
| Deposits | Q3 2020vs Q3 2019 | $77.6MM$74.6MM |
| Equity Capital | Q3 2020vs Q3 2019 | $14.0MM$13.1MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $355.00K$274.00K |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $406.00K$50.00K |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |