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1st Liberty Credit Union

Overview
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1st Liberty Credit Union is a federal credit union based in Great Falls, Montana. It has been opened since 1955, for 65 years.

With around $171,540,000 in assets, 1st Liberty Credit Union is considered to be a large credit union. It has 7 branches and 9 ATM locations.

About
Address P. O. Box 5002
Great Falls, Montana 59403
Website http://www.1stliberty.org
Phone (406) 761-8300
Fax (406) 761-8305
CEO Steven Grooms
President of the Board Warren O'Keefe
Services Offered
Map
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Score Card
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65 years
Years in business
Opened in 1955
Well Capitalized
Net worth classification
Source: NCUA
16,733 members
Membership type: Multiple common bond – primary military
Above average number of members
307:1
Credit union member to staff ratio
307 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$171,543,458
Total assets
Above average
7 branches
Compared with an average of 4 nationally and 2 in Montana
Above average number of branches
0.20%
Savings interest rate
Compared to 0.3% nationally
11.25%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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7 branches
Compared with an average of 4 nationally and 2 in Montana
Above average number of branches
1st Liberty Credit Union Branch Locations

1st Liberty Credit Union: 10th Avenue South Branch
505 10th Avenue S.
Great Falls, Montana 59405
ATM Available
1st Liberty Credit Union: Malmstrom Afb Branch
228 75th Street North Building 1082
Malmstrom Afb, Montana 59402
No ATM
1st Liberty Credit Union: Riverview Branch
401 Smelter Avenue NE
Great Falls, Montana 59404
ATM Available
1st Liberty Credit Union: Cut Bank
310 W. Main Street
Cut Bank, Montana 59427
ATM Available
1st Liberty Credit Union: Conrad
202 S. Main Street
Conrad, Montana 59425
ATM Available
1st Liberty Credit Union: Grand Forks Downtown Branch
3197 S. 17th Street
Grand Forks, North Dakota 58201
ATM Available
1st Liberty Credit Union: Robert H. Scott Branch
6200 3rd Avenue North
Great Falls, Montana 59405
ATM Available
Members
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16,733 members
Membership type: Multiple common bond – primary military
Above average number of members

With 16,733 members, the 1st Liberty Credit Union is considered to be a large credit union. It is larger than 79% of credit unions.

Fees
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$111
Average fee per member
The average fee per member at the 1st Liberty Credit Union is $111, which is very high compared to most credit unions. This rate is higher than 89% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the 1st Liberty Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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307:1
Credit union member to staff ratio
307 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
54 staff members
FTE (full-time equivalent)
15% of employees are part-time
50 full-time, 9 part-time

1st Liberty Credit Union has 50 full-time staff members and 9 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 85% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. 1st Liberty Credit Union has around 307 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets
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$171,543,458
Total assets
Above average
Net worth
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
11.2%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
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$11,357
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 60% of credit unions.

1st Liberty Credit Union holds a total of $99,800,000 in loans and leases, which is about $11,357 per member on average.

Savings interest rate
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0.20%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. 1st Liberty Credit Union pays 0.20%.

Loan rates
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11.25%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
11.25%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.53%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.34%
New car loan rate
Compared to 4.0% nationally
3.60%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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4.96%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
3.74%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
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