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Cooperative Successes Show Off in the Bitterroot

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Missoula Federal Credit Union expands to 20 counties in western, central Montana

The new geographic expansion opens membership to individuals, businesses and organizations in Beaverhead, Broadwater, Cascade, Deer Lodge, Flathead, Gallatin, Granite, Jefferson, Lake, Lewis and Clark, Lincoln, Madison, Meagher, Mineral, Missoula, Park, Powell, Ravalli, Sanders, and Silver Bow counties.

It is not without challenges, Lawson said, but the credit union’s leadership intends to move forward “thoughtfully and transparently,” and in consultation with its member-owners. That includes a membership survey asking for feedback on the expansion, concerns the move creates for existing members and the possibility of a name change to better reflect the larger geographic area.

“While we are incredibly excited to reach more people with our approach to values-based banking, we also recognize that some important questions lie ahead,” Lawson said in a letter to MFCU members. “In answering them, we want to make sure we’re living out our principles of cooperative ownership, inclusion and empowerment. That starts with hearing from you.”