Dec, 31, 2020 — OAHE FEDERAL CREDIT UNION is a federal credit union headquartered in Pierre, SD with 1 branch location and about $32.26 million in total assets. Opened 66 years ago in 1955, OAHE FEDERAL CREDIT UNION has about 3,322 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: | OAHE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 818 Pierre, SD 57501 |
| Phone: | (605) 224-6264 |
| Fax: | (605) 224-7332 |
| Website: | http://www.oahefcu.coop |
| Branches: | 1 branch locations |
| Members: | 3,322 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10243 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $32,256,771 |
| CEO/Manager: | Dawn M Van Ash |
| Chairperson: | Douglas Dix |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,395,816 |
| TOTAL INVESTMENTS | 1,126,195 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,904,062 |
| Unsecured Loans | 1,688,525 |
| Other Loans | 15,385,340 |
| TOTAL LOANS | 18,977,927 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -98,254 |
| Land And Building | 1,418,953 |
| Other Fixed Assets | 46,757 |
| NCUSIF Deposit | 221,774 |
| All Other Assets | 167,603 |
| TOTAL ASSETS | 32,256,771 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,387 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 117,386 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,051,665 |
| Regular shares | 18,252,233 |
| All Other Shares & Deposits | 3,181,641 |
| TOTAL SHARES & DEPOSITS | 28,485,539 |
| TOTAL LIABILITIES | 28,606,312 |
| Regular Reserve | 280,772 |
| Other Reserves | 0 |
| Undivided Earnings | 3,369,687 |
| TOTAL EQUITY | 3,650,459 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 32,256,771 |
| INCOME & EXPENSE | |
| Loan Income | 1,036,892 |
| Investment Income | 31,978 |
| Other Income | 225,296 |
| Total Employee Compensation & Benefits | 424,367 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 476,340 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 33,950 |
| Cost of Funds | 61,364 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 298,145 |
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