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Mountain West Credit Union

Overview
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Mountain West Credit Union is a federal credit union based in Butte, Montana. It has been opened since 1952, for 68 years.

With around $8,700,000 in assets, Mountain West Credit Union is considered to be a medium size credit union. It has 1 branches and 1 ATM locations.

About
Address P.O. Box 4295
Butte, Montana 59701
Website http://mountainwestfcu.com
Phone (406) 782-9760
Fax (406) 782-0406
CEO Leah K. Salazar
President of the Board Robert Bristol
Services Offered
Map
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Score Card
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68 years
Years in business
Opened in 1952
Well Capitalized
Net worth classification
Source: NCUA
1,321 members
Membership type: Community credit union
Below average number of members
264:1
Credit union member to staff ratio
264 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$8,695,497
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
13.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 2 in Montana
Average number of branches
Mountain West Credit Union Branch Locations

Mountain West Federal Credit Union
400 E. Park Street
Butte, Montana 59701
ATM Available
Members
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1,321 members
Membership type: Community credit union
Below average number of members

With 1,321 members, the Mountain West Credit Union is considered to be a small credit union. It is smaller than 75% of credit unions.

Fees
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$117
Average fee per member
The average fee per member at the Mountain West Credit Union is $117, 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 Mountain West Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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264:1
Credit union member to staff ratio
264 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
5 staff members
FTE (full-time equivalent)
33% of employees are part-time
4 full-time, 2 part-time

Mountain West Credit Union has 4 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 67% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Mountain West Credit Union has around 264 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets
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$8,695,497
Total assets
Below 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.
27.2%
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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$5,494
Average loan and lease size
Loan & lease sizes are very small. They are smaller than at 88% of credit unions.

Mountain West Credit Union holds a total of $5,580,000 in loans and leases, which is about $5,494 per member on average.

Savings interest rate
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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. Mountain West Credit Union pays 0.10%.

Loan rates
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13.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
12.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.25%
New car loan rate
Compared to 4.0% nationally
5.00%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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8.75%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
8.75%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
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