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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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