Overview / Commentary
Whitefish Credit Union Association is headquartered in Whitefish and is the largest credit union in the state of Montana. It is also the 237th largest credit union in the nation. It was established in 1934 and as of June of 2024, it had grown to 205 employees and 62,456 members at 7 locations. Whitefish Credit Union Association's savings rates are 3X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in Whitefish Credit Union is open to those who live in in the Montana counties of Broadwater, Flathead, Gallatin, Lake, Lewis and Clark, Lincoln, Missoula, Ravalli, or Sanders, or within 50 air miles of Whitefish, Montana. Immediate family of qualified applicants are also eligible for membership.
See current membership details
Health
B+
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61949 |
| Year Chartered | 1934 |
| Employees | 205 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.12% |
| Return on Equity - YTD | 1.61% |
| Annual Interest Income | $44.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $2.08B$2.17B |
| Loans | Q2 2024vs Q2 2023 | $1.26B$1.26B |
| Deposits | Q2 2024vs Q2 2023 | $1.71B$1.72B |
| Equity Capital | Q2 2024vs Q2 2023 | $150.2MM$139MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $1.7MM$1.5MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $1.3MM$359K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |