What these figures mean
It is a legal maximum, not an appetite. No credit union writes a loan at its single-borrower ceiling. The figure bounds what an institution may have outstanding to one borrower, not what it will lend on your deal.
Each ceiling is the NCUA single-borrower commercial lending limit under 12 CFR 723.4(c): 15% of the institution's total net worth, taken from account 997 of its NCUA 5300 Call Report. It caps total exposure to one borrower or group of associated borrowers, not the size of any one loan, so a borrower who already owes that credit union has less room than the figure suggests. It is calculated, not published by the credit union, and it moves every quarter as net worth moves.
The column beside it is what the institution actually reported outstanding: commercial real estate secured loans to its own members, from the same call report. Read the two together. A credit union with a large ceiling and a small book has the regulatory room for your deal but little record of writing one.
Every figure on this page comes from the NCUA 5300 Call Report for the quarter ended June 30, 2026. A credit union is listed here if it has an office in this state, and the rows are ordered by the size of its commercial real estate book. Those balances are institution-wide and are not apportioned to this state, so a credit union headquartered elsewhere is tagged with its home state and its figure covers its whole book, not its lending here.
| Credit union | Location | CRE on the books | Construction | Regulatory lending ceiling |
|---|---|---|---|---|
| Mountain America Credit Union | SandyHQ UT | $2.33B | $149.1M | $327.3M |
| Black Hills Federal Credit Union | Rapid CityHQ SD | $325.7M | $43.0M | $37.7M |
| Clearwater Federal Credit Union | Missoula | $173.1M | None reported | $22.4M |
| Whitefish Credit Union Association | Whitefish | $120.7M | None reported | $39.2M |
| Frontier Credit Union | Idaho FallsHQ ID | $82.7M | $3.6M | $9.9M |
| Altana Federal Credit Union | Billings | $55.9M | $2.2M | $11.3M |
| Horizon Credit Union | Spokane ValleyHQ WA | $55.9M | $420,000 | $38.6M |
| Valley Financial Credit Union | Billings | $55.5M | $9.5M | $9.6M |
| Grasslands Federal Credit Union | Circle | $19.6M | None reported | $2.9M |
| Richland Federal Credit Union | Sidney | $16.3M | None reported | $2.7M |
| Sky Federal Credit Union | Livingston | $15.6M | None reported | $2.3M |
| Daniels-Sheridan Federal Credit Union | Scobey | $11.0M | None reported | $1.6M |
| Fergus Federal Credit Union | Lewistown | $10.7M | None reported | $2.5M |
| Rocky Mountain Credit Union | Helena | $6.5M | $131,494 | $5.6M |
| Intrepid Credit Union | Helena | $6.4M | None reported | $5.2M |
| Community 1st Federal Credit Union | Miles City | $4.1M | None reported | $721,238 |
| Park Side Financial Credit Union | Whitefish | $3.9M | None reported | $5.5M |
| Southwest Montana Community Federal Credit Union | Anaconda | $3.1M | $355,561 | $3.5M |
| Vocal Credit Union | Helena | $1.7M | None reported | $1.0M |
| Ravalli County Federal Credit Union | Hamilton | $429,871 | None reported | $1.9M |
The remaining 3 credit unions with an office in Montana that report commercial real estate lending:
- Lincoln County Credit Union — Libby
- Glendive BN Federal Credit Union — Glendive
- Montana Federal Credit Union — Great Falls