Credit Unions
Credit Unions
This page has information and resources for Montana state-chartered credit unions, including a charter list, applications and forms, consent letter requests for Secretary of State registration, and applicable statutes and rules.
Quick Links
Institution Lists
State-Chartered Credit Unions As of October 2, 2023
| Name | Address | City |
|---|---|---|
| Intrepid Credit Union | 915 Kessler Street | Helena |
| Lincoln County Credit Union | 714 West 6th Street | Libby |
| Montana Educators' Credit Union | 2000 South Russell Street, Suite 1 | Missoula |
| Park Side Financial Credit Union | 1300 Baker Avenue | Whitefish |
| Rimrock Credit Union | 952 Central Avenue | Billings |
| Rocky Mountain Credit Union | 3400 North Montana Avenue | Helena |
| Valley Financial Credit Union | 207 North Broadway | Billings |
| Vocal Credit Union | 2910 Prospect Avenue | Helena |
| Whitefish Credit Union | 300 Baker Avenue | Whitefish |
Credit Union Topics
Application
Reporting Forms
- Report of Credit Union Management
- Liabilities of Directors and Committee Members
- Assessment Report Form
Organizational Documents
- Model Bylaws
- Please provide the following to the Division when submitting amended bylaws for approval.
- Clean version of new bylaws
- Copy of old bylaws
- Redlined version - Provide source for amended language (i.e. DBFI model bylaws, NCUA model bylaws, etc.)
- Please provide the following to the Division when submitting amended bylaws for approval.
- Bylaw Statutory Reference
- Model Articles of Incorporation
Record Retention
Examination Survey
When registering the name of a business with the Secretary of State (SOS), the words "credit union" are restricted from use without a consent letter from the Montana Division of Banking and Financial Institutions (Division). These restrictions are in place to protect citizens from being misled into thinking a business is a financial institution when it is not and to prevent confusion between similar names.
What are the Restricted Words?
Pursuant to Mont. Code Ann. § 32-3-103(2) (Use of Name Exclusive), the restricted words are "credit union."
Under Mont. Code Ann. § 1-2-105(3) (General Definitional Rules — Verb Tense, Gender, and Number), the restriction includes the plural of these words.
How Will I Know if I Need a Consent Letter from the Division?
If the SOS receives a registration for a business name containing restricted words, a message will appear stating that a consent letter from the Division must be uploaded before the registration can be completed.
How do I Request a Consent Letter from the Division?
Send an email to the Division office at banking@mt.gov and provide the proposed name of the business and a brief description of activities the business intends to perform in Montana.
- Administrative Rule Notices
- Title 2, Chapter 59 All Division Rules
- Subchapter 4 Credit Unions
- ARM 2.59.405 Appendix A Credit Union Record Retention Schedule (effective 08/11/2014)
- Subchapter 4 Credit Unions