2025-04-15T14:29:39-07:00 2024-12-31 990 2024-01-01 810504125 MONTANA EDUCATORS CREDIT UNION MONT 4067281034 PO Box 2668 Missoula MT 59806 John Dorsey Volunteer 2537203683 2025-04-07 1 2024 2025-03-06 01:10:19Z Leslie Womack PO Box 2668 Missoula MT 59806 1810852 0 X www.mtedcu.org X 1996 MT Consumer (member) financial services 7 7 7 10 0 0 0 0 1234402 1623103 104135 137174 11612 8958 1350149 1769235 0 0 0 0 452522 505702 0 0 0 708264 976580 1160786 1482282 189363 286953 26980655 30724624 0 0 26980655 30724624 Consumer (member) financial services 0 0 During 2024 the credit union served over 1400 members with a wide variety of financial services. At year-end there were $27.7 million in savings accounts and $21 million in loans outstanding. Additional services provided include financial education and newsletters. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 444 0 1 7 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 1 1 1 1 0 X Leslie Womack 4067281034 2000 South Russell St Suite 1 Missoula MT 59801 John Frederickson Board Member 2 0 X 0 0 0 Beth C Huguet Board Member 2 0 X 0 0 0 Carla Getz Board member 2 0 X 0 0 0 Pamela F Diamond Chair 3 0 X 0 0 0 Torry Holmquist Vice Chairman 3 0 X 0 0 0 Kathryn K Shepherd Treasurer 3 0 X 0 0 0 Dan Schmauch Secretary 2 0 X 0 0 0 0 0 0 0 0 0 0 0 0 Interest on loans 522130 1398639 1398639 0 0 Fees and charges 522130 147763 147763 0 0 76701 76701 0 0 1623103 137174 137174 0 0 0 0 0 0 0 0 0 0 50575 0 41617 0 8958 0 8958 8958 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1769235 1769235 0 0 X 0 0 0 0 0 0 418099 11322 42663 33618 0 0 0 0 0 0 148906 24841 146842 70934 0 18770 0 0 10426 3423 0 16937 0 Loan Servicing 80451 Provision for Loan Loss 4902 Association Dues 21085 Dividends Paid on Shares 424137 4926 1482282 0 0 0 34046 53278 5713126 8580178 0 0 0 0 0 0 0 0 20516441 20949208 0 0 76640 32977 1416226 648441 317273 767785 0 0 0 0 0 0 0 0 323129 341198 26980655 30724624 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 26980655 30724624 26980655 30724624 26980655 30724624 X 286953 0 0 0 0 3457016 X 0 0 0 0 263762 263762 0 794093 327145 466948 0 20561 20561 0 0 337810 300735 37075 0 0 0 0 767785 Form 990, Part VI, Section A, Line 6 The credit union is composed of members as authorized by MCA 32-3-304 Form 990, Part VI, Section A, Line 7a Each member has one vote to cast for each position on the board of directors. Form 990, Part VI, Section A, Line 8b No committees are authorized to act on behalf of the board of directors. Form 990, Part VI, Section B, Line 11b Form 990 is available to the board of directors, Form 990, Part VI, Section B, Line 12c Officers, directors and key employees are well known to each other and would be aware of any conflicts of interest. Form 990, Part VI, Section B, Line 15 The president's salary is determined by the board of directors. The president sets the salaries for the other employees. Form 990, Part VI, Section C, Line 18 On request in the credit union office during regular business hours. Form 990, Part VI, Section C, Line 19 On request in the credit union office during regular business hours. Form 990, Part IX, Line 11g Professional and outside services Form 990, Part XI, Line 9 Changes in loans and shares