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Homestead Credit Union Share
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Overview Share
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Homestead Credit Union is a federal credit union based in Billings, Montana. It has been opened since 1957, for 65 years.

With around $5,250,000 in assets, Homestead Credit Union is considered to be a small credit union.

About Share
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Address 302 North 11th Street
Billings, Montana 59101
Website http://www.homesteadfcu.com
Phone (406) 259-7052
Fax (406) 259-6385
CEO Jasmine M. Frank
President of the Board Jason Hamrick
Services Offered
Score Card Share
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65 years
Years in business
Opened in 1957
Well Capitalized
Net worth classification
Source: NCUA
647 members
Membership type: Multiple common bond – primary transportation
Below average number of members
216:1
Credit union member to staff ratio
216 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$5,248,664
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 2 in Montana
Average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
10.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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1 branch
Compared with an average of 4 nationally and 2 in Montana
Average number of branches
Homestead Credit Union Branch Locations

Homestead Federal Credit Union
302 North 11th Street
Billings, Montana 59101
No ATM
Members Share
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647 members
Membership type: Multiple common bond – primary transportation
Below average number of members

With 647 members, the Homestead Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 87% of credit unions.

Fees Share
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$116
Average fee per member
The average fee per member at the Homestead Credit Union is $116, which is very high compared to most credit unions. This rate is higher than 90% 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 Homestead Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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216:1
Credit union member to staff ratio
216 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
3 staff members
FTE (full-time equivalent)
0% of employees are part-time
3 full-time, 0 part-time

Homestead Credit Union has 3 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Homestead Credit Union has around 216 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets Share
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$5,248,664
Total assets
Below average
Net worth Share
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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.
7.3%
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 Share
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$7,428
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 74% of credit unions.

Homestead Credit Union holds a total of $4,700,000 in loans and leases, which is about $7,428 per member on average.

Savings interest rate Share
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0.10%
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. Homestead Credit Union pays 0.10%.

Loan rates Share
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10.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
15.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
8.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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6.49%
New car loan rate
Compared to 4.0% nationally
4.98%
Used car loan rate
Compared to 5.2% nationally

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Service Credit Union Routing Number
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