Altana Federal Credit Union (then Laurel Federal Credit Union) started in 1949 out of an empty railcar in Laurel, Montana. Several refinery workers joined together and started the credit union as a way to safeguard themselves from the high cost of banking services. The first loan given was to purchase a sewing machine. Altana has grown to offer seven locations, a wide range of products and services and a nationwide free ATM network.
Altana serves residents throughout Yellowstone, Carbon, Stillwater, Sweet Grass, Golden Valley, Wheatland and Musselshell counties in Montana. We are proud to have served our members for over 60 years.
Credit Unions are Cooperatives
The story of Montana cooperatives began on the dusty dangerous trails when families who were heading west joined together in wagon trains to help one another. By working together, they ensured the safety and security of all. Since the wagon trains, Montanans have learned that much can be accomplished by working together. The barn-building, quilting bees, and crop harvesting of the early days ensured that Montana was settled rapidly through cooperative action. Our first schools came from cooperating, and rural areas received electricity and telephones as the result of cooperatives.
Today the cooperative spirit has spread far beyond these rural or agricultural levels. Montana can be proud of its heritage of cooperative growth. Our future will remain bright as long as its people continue to hold sacred this spirit of cooperation.