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HANIN FEDERAL CREDIT UNION

Dec, 31, 2023 — HANIN FEDERAL CREDIT UNION is a federal credit union headquartered in LOS ANGELES, CA with 2 branch locations and about $36.69 million in total assets. Opened 29 years ago in 1995, HANIN FEDERAL CREDIT UNION has about 3,333 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:HANIN FEDERAL CREDIT UNION
Address:
(Main Office)
3700 Wilshire Blvd Ste 104
LOS ANGELES, CA 90010-2902
Phone:(213) 368-9000
Fax:(213) 388-0949
Website:https://www.haninfcu.org
Branches:2 branch locations
Members:3,333
Credit Union Type:Federal Credit Union
Charter Number:24549
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1995
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$36,687,817
CEO/Manager:James Lee
Chairperson:Bog S Lee

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,165,462
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 806,791
 Unsecured Loans 707,837
 Other Loans 27,506,047
 TOTAL LOANS 29,020,675
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -587,461
 Land And Building 0
 Other Fixed Assets 185,747
 NCUSIF Deposit 244,191
 All Other Assets 0
  TOTAL ASSETS 36,687,817
LIABILITIES & CAPITAL:  
 Dividends Payable 399,689
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 509,176
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,125,097
 Regular shares 2,068,344
 All Other Shares & Deposits 24,657,723
  TOTAL SHARES & DEPOSITS 31,851,164
  TOTAL LIABILITIES 32,760,029
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,927,788
  TOTAL EQUITY 3,927,788
  TOTAL LIABILITIES, SHARES, & EQUITY 36,687,817
INCOME & EXPENSE  
 Loan Income 2,619,834
 Investment Income 117,468
 Other Income 1,179,551
 Total Employee Compensation & Benefits 1,463,400
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 960,911
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 174,160
 Cost of Funds 966,122
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 352,260
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