Dec, 31, 2023 — KAUAI GOVERNMENT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in LIHUE, HI with 3 branch locations and about $169.19 million in total assets. Opened 77 years ago in 1947, KAUAI GOVERNMENT EMPLOYEES FEDERAL CREDIT UNION has about 7,444 members and employs 43 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KAUAI GOVERNMENT EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 2976 Ewalu St LIHUE, HI 96766 |
Phone: | (808) 245-2463 |
Fax: | (808) 246-9709 |
Website: | https://www.kauaicreditunion.org |
Branches: | 3 branch locations |
Members: | 7,444 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 5487 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1947 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $169,189,362 |
CEO/Manager: | Monica Belz |
Chairperson: | Byron Watanabe |
ASSETS: | $ Amount |
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Cash & Equivalents | 8,545,193 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 89,439,153 |
Unsecured Loans | 29,375,736 |
Other Loans | 11,120,814 |
TOTAL LOANS | 129,935,703 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -951,442 |
Land And Building | 5,073,881 |
Other Fixed Assets | 823,866 |
NCUSIF Deposit | 1,077,702 |
All Other Assets | 82,999 |
TOTAL ASSETS | 169,189,362 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 29,000,000 |
Accounts Payable & Other Liabilities | 2,008,045 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 4,000,000 |
Share Drafts | 14,086,421 |
Regular shares | 39,940,549 |
All Other Shares & Deposits | 66,582,231 |
TOTAL SHARES & DEPOSITS | 120,609,201 |
TOTAL LIABILITIES | 155,618,758 |
Regular Reserve | 0 |
Other Reserves | -826,965 |
Undivided Earnings | 14,397,569 |
TOTAL EQUITY | 13,570,604 |
TOTAL LIABILITIES, SHARES, & EQUITY | 169,189,362 |
INCOME & EXPENSE | |
Loan Income | 5,387,405 |
Investment Income | 1,007,565 |
Other Income | 1,020,086 |
Total Employee Compensation & Benefits | 4,157,871 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,452,189 |
Non-operating Income & (Expense) | 1,182 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 573,414 |
Cost of Funds | 1,672,471 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -2,228,524 |
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