Montana
REGULATING AGENCY: Montana Department of Administration; Division of Banking & Financial Institutions
Montana State Capitol
- Melanie Hall, Commissioner
- Rick Christianson, Credit Union Bureau Chief
- Website: banking.mt.gov
LEAGUE: Montana Credit Union Network
- Gerry Singleton, President/CEO
- Website: mcun.coop
PRIVATE SHARE INSURANCE: YES
2023 STATS
- Largest SCU: WHITEFISH CU $2.17B in assets
- Largest FCU: CLEARWATER FCU $974.9M in assets
| Second Quarter 2023 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 9 | 36 | 45 | 20.00% |
| Credit Union Members | 185,905 | 239,783 | 425,688 | 43.67% |
| Credit Union Assets | $3.97B | $3.62B | $7.59B | 52.28% |
FUN FACT
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.
RECENT NEWS
Montana Becomes First US State to Pass TikTok Ban
Apr. 21, 2023 — The state of Montana in the US has become the first to pass legislation banning TikTok on personal devices. The bill, SB 419, passed by a vote of 54 to 43, mentions several concerns about TikTok, such as alleged surveillance from the Chinese government as well as the encouragement of “dangerous activities” among youth using the app. Read more
STORY ARCHIVE
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