Montana Story Archive

Park Side CU Supports Local Nonprofits Through Ongoing Partner Program

February 3, 2021 – Park Side Credit Union (Park Side) is proud to announce the exclusive group of nonprofit organizations the credit union will be working with for their 2021 Park Side Partner Program. Through these strategic partnerships, each organization will receive cross-promotion, shared advertising, and a donation of $5,000 from the credit union.

This unique, innovative campaign is in its tenth year and Park Side has donated more than $225,000 to over forty nonprofit organizations through the Partner Program.

“We could never have dreamed of the cooperative network that this program has been able to create, but after a decade of uniquely connecting nonprofits to each other and to the credit union we are simply amazed at the depth of relationships and span of positive community impact” said Josh Kroll, Vice President of Marketing and Business Development at Park Side.

By way of careful consideration and an enlightening selection process, the credit union has established relationships with Missoula Education Foundation, Watershed Education Network, and Home Resource, all based in Missoula. In the Flathead Valley, the partnerships include the Ascent Program at Glacier High School, STEM for Flathead Valley Schools, and KALICO Art Center. Park Side is already working to increase exposure and awareness of these critical nonprofit organizations in our local communities through strategic philanthropy.

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Banking Commissioner Melanie Hall Named to FFIEC Committee

Jun 16, 2020 The Federal Financial Institutions Examination Council (FFIEC) today announced the selection of Melanie Hall to the FFIEC’s State Liaison Committee (SLC). Hall’s term runs from May 1, 2020, through April 30, 2022.

Hall is the commissioner of the Montana Division of Banking and Financial Institutions. As commissioner, Hall provides leadership to the Division which is responsible for the supervision of all state-chartered banks and state chartered credit unions, as well as licensing and examination of over 500 non-bank financial entities.

Hall is the current chair-elect of the Board of Directors of the Conference of State Bank Supervisors (CSBS) and the former chair of the CSBS Education Foundation Board of Trustees. Hall serves as the chair of the State Supervisory Committee which is the functional committee responsible for coordination of multistate examinations with the CFPB and is on the FDIC Advisory Committee of State Regulators. She also serves on the Board of the Montana Council on Economic Education.

Hall’s term runs from May 1, 2020, through April 30, 2022.

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Rocky Mountain CU converts from federal insurance
Oct. 4, 2018 — As of October 1, the $240 million Rocky Mountain Credit Union, based in Helena, Montana, converted from federal to private share insurance provided by American Share Insurance (ASI). Rocky Mountain Credit Union is the first credit union in Montana to convert from federal to private insurance since ASI was approved to do business in the state effective January 1, 2018.

Whitefish Credit Union Junior Board to Host Colors for a Cause 5K Fun Run
May 13, 2015 – Whitefish, Mont. – Whitefish Credit Union’s Junior Board of Directors will host a “Colors for a Cause” 5K Fun Run at the Kalispell Youth Athletic Complex on Sunday, May 17 at 1 p.m.

Montana Division of Banking & Financial Institutions Discusses Issues in Credit Union Supervision with Montana Credit Union Network and NCUA Region IV Leadership
June 12, 2014 – On June 12, the Montana Division of Banking & Financial Institutions participated in a biennial meeting with the Montana Credit Union Network (MCUN) and NCUA Region IV leadership to discuss current issues in credit union supervision. Hot topics were information security, interest rate risk, results from a survey of Montana credit unions concerning the exam and supervisory processes, and potential changes to the Montana Credit Union Act that are being considered by both the Division and Montana’s state-chartered credit unions.


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