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 3,275th largest credit union in the nation. It was established in 1951 and as of March of 2022, it had grown to 4 employees and 1,857 members at 1 location. SEG Federal Credit Union has a B health rating.
Field of Membership Restrictions
SEG Federal Credit Union is open to anyone who lives, works, worships, or goes to school in Carbon or Stillwater County. Employees of any SEG located in Laurel, MT, and family of credit union members also qualify for membership.
See current membership details
Health
B
Data as of Q1 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. SEG Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 7405 |
| Year Chartered | 1951 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.05% |
| Return on Equity - YTD | -0.48% |
| Annual Interest Income | $165.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $24.0MM$21.6MM |
| Loans | Q1 2022vs Q1 2021 | $13.6MM$12.2MM |
| Deposits | Q1 2022vs Q1 2021 | $21.5MM$19.2MM |
| Equity Capital | Q1 2022vs Q1 2021 | $2.3MM$2.2MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $62.00K$71.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $22.00K$15.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |