Montana currently boasts 55 credit unions, with 120 branches in communities across the state. Those credit unions currently serve more than 382,000 Montanans -- who are members. As financial cooperatives, credit union are owned and controlled by their members.
Financially, this means that -- on average -- credit unions provide lower loan rates and higher dividends than most for-profit financial institutions in the state. In fact, the Credit Union National Association estimates that Montana credit unions provided more than $8.45 million in direct financial benefits to their members between September 2013 and September 2014. Members know this and use their credit unions: total credit union assets in the state top $4.46 billion.
Montana's credit unions are also a source of good jobs for many Montanans. As of the end of 2014, credit unions employed 1,230 people -- 1,141 full time and 86 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.