Dec, 31, 2023 — HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in HUNTINGTON BEACH, CA with 1 branch location and about $54.62 million in total assets. Opened 71 years ago in 1953, HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION has about 2,016 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION |
---|---|
Address: (Main Office) | 2000 Main St # B272 HUNTINGTON BEACH, CA 92648-2702 |
Phone: | (714) 536-6517 |
Fax: | (714) 969-0817 |
Website: | https://www.huntingtonbeachcu.org |
Branches: | 1 branch locations |
Members: | 2,016 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60967 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $54,617,362 |
CEO/Manager: | Angela K Clitherow |
Chairperson: | Paul D'Alessandro |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 4,111,218 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 6,666,634 |
Unsecured Loans | 2,211,566 |
Other Loans | 5,976,139 |
TOTAL LOANS | 14,854,340 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -219,482 |
Land And Building | 0 |
Other Fixed Assets | 217,804 |
NCUSIF Deposit | 498,111 |
All Other Assets | 0 |
TOTAL ASSETS | 54,617,362 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 379,676 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 7,170,264 |
Regular shares | 30,659,196 |
All Other Shares & Deposits | 9,984,324 |
TOTAL SHARES & DEPOSITS | 47,813,784 |
TOTAL LIABILITIES | 48,193,460 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 6,423,902 |
TOTAL EQUITY | 6,423,902 |
TOTAL LIABILITIES, SHARES, & EQUITY | 54,617,362 |
INCOME & EXPENSE | |
Loan Income | 801,494 |
Investment Income | 1,034,933 |
Other Income | 46,557 |
Total Employee Compensation & Benefits | 622,507 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 960,036 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 237,704 |
Cost of Funds | 262,987 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -55,257 |
↑ Back to Top |