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OAHE FEDERAL CREDIT UNION

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

Call Report

  • Credit Builder
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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