|Located in Harlowton, Tricounty FCU has 380 members and is one of the smallest credit unions in Montana. It was chartered January 1, 1952.|
Montana currently boasts 51 credit unions, with 115 branches in communities across the state. Those credit unions currently serve more than 382,800 Montanans -- who are members. As financial cooperatives, credit unions are owned and controlled by their members.
Financially, this means that credit unions provide lower loan rates and higher dividends than most for-profit financial institutions in the state on average. In fact, the Credit Union National Association estimates that Montana credit unions provided more than $13.1 million in direct financial benefits to their members between June 2015 and June 2016. Members know this and use their credit unions: total credit union assets in the state top $4.67 billion.
Montana's credit unions are also a source of good jobs for many Montanans. As of June 30, credit unions employed 1,245 people -- 1,164 full time and 84 part time.
For more specific information about Montana Credit Unions ...
Anyone can join a credit union. More and more credit unions are broadening their ''fields of membership'' which can be an employer, church, or one or multiple communities. To find a credit union (and it's various branches) near you, www.aSmarterChoice.org is the place to go. The website also has member testimonials and information about the value of joining a credit union. On September 1, NCUA released its Credit Union Locator -- an "improved online research tool" -- that provides some detailed information (and location maps) about federally insured credit unions.