REGULATING AGENCY: Montana Department of Administration; Division of Banking & Financial Institutions
- Melanie Hall, Commissioner
- Rick Christianson, Credit Union Bureau Chief
- Website: banking.mt.gov
LEAGUE: Montana Credit Union Network
- Tracie Kenyon, President/CEO
- Website: mcun.coop
PRIVATE SHARE INSURANCE: YES
- Largest SCU: WHITEFISH CU $2.1B in assets
- Largest FCU: CLEARWATER FCU $920M in assets
|Second Quarter 2022||SCUs||FCUs||Total CUs||% of SCUs/Total|
|Total Credit Unions||10||36||46||22%|
|Credit Union Members||194,718||232,967||427,685||46%|
|Credit Union Assets||$4B||$3.5B||$7.6B||53%|
The only state in the US with a Triple Divide, which allows waters to flow to Hudson Bay, the Atlantic Ocean, and the Pacific Ocean.
This video is courtesy of CreditUnions.com
Sept. 2022 — Leaders of the Montana cooperative discuss the importance of the credit union’s certification as a community development financial institution and how that status dovetails with the institution’s broader mission.
We hope you enjoyed this bonus content from Callahan’s “Anatomy Of A Credit Union” series, a quarterly profile that explores the strategies and analyzes the performance of an exemplary credit union. Check out the full feature “Anatomy Of Clearwater Credit Union” on CreditUnions.com.
Click here to take a look at the stories that have been collected over the years in Montana.
What’s new in your state?
Click here to submit your state-chartered credit union news stories to NASCUS today!