Overview / Commentary
Seg Federal Credit Union is headquartered in Laurel and is the 33rd largest credit union in the state of Montana. It is also the 3,444th largest credit union in the nation. It was established in 1951 and as of September of 2020, it had grown to 5 employees and 1,552 members at 1 location. Seg Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in Stillwater or Carbon Counties in Montana. Membership is also open to employees of City of Laurel, Walmart of Laurel, Chemtron Company and over 25 other area employer groups.
See current membership details
Health
B+
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. Seg Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 7405 |
| Year Chartered | 1951 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.6% |
| Return on Equity - YTD | 5.32% |
| Annual Interest Income | $566.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $19.2MM$16.5MM |
| Loans | Q3 2020vs Q3 2019 | $12.8MM$12.1MM |
| Deposits | Q3 2020vs Q3 2019 | $16.8MM$14.2MM |
| Equity Capital | Q3 2020vs Q3 2019 | $2.2MM$2.1MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $81.00K$121.00K |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $0$138.00K |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |