Credit unions in Montana

Credit union: In Montana, there are 47 headquartered credit unions that operate more than 100 active branch offices for their customers. In the state, over 405,000 residents get their financial services from credit unions. In a state that has a population slightly above a million people, that means close to half of the state enjoys the benefits of credit union membership. The largest credit union in the state is Whitefish Credit Union. This cooperative serves over 57,000 members. It has been in existence since 1934. This is a community-based cooperative open to those who live in their geographic region and their immediate family members. 

Like most other credit unions, there are membership requirements you must meet to join a cooperative in Montana. There are credit unions who limit their membership to those who work in certain professions, like health care workers. Others limit their membership to those employed by certain companies. Many, however, are community-based cooperatives.

Car insurance: Car insurance in Montana can be considered expensive. Drivers pay 13% more than the national average. Anytime you live in a state that has higher rates, you should be on the lookout for a way to reduce your bill. Check with your credit union to see what discounts on car insurance they will offer you for being a member. 

It does not appear that credit unions in Montana underwrite their own car insurance policies. However, it does appear that several partner with TruStage to find discounts for their members on policies. TruStage is a national company that works with several credit unions to provide discounts for their members. If your cooperative doesn’t work with TruStage, see what other partnerships they have. They may have arrangements with local agencies to provide members with discounted policies. 

To operate your vehicle in Montana, you are required to have car insurance. Utilize your credit union to help you maximize your money.