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OAHE FEDERAL CREDIT UNION

Dec, 31, 2021 — OAHE FEDERAL CREDIT UNION is a federal credit union headquartered in PIERRE, SD with 1 branch location and about $36.88 million in total assets. Opened 67 years ago in 1955, OAHE FEDERAL CREDIT UNION has about 3,430 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)
221 E Pleasant Dr
PIERRE, SD 57501-3123
Phone:(605) 224-6264
Fax:(605) 224-7332
Website:http://www.oahefcu.coop
Branches:1 branch locations
Members:3,430
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:Nov 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$36,883,118
CEO/Manager:Dawn M Van Ash
Chairperson:Douglas Dix

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 12,990,954
TOTAL INVESTMENTS 1,718,593
Loans Held for Sale 0
 
 Real Estate Loans 1,485,948
 Unsecured Loans 1,566,199
 Other Loans 17,363,922
 TOTAL LOANS 20,416,069
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -98,759
 Land And Building 1,406,549
 Other Fixed Assets 33,523
 NCUSIF Deposit 284,855
 All Other Assets 131,334
  TOTAL ASSETS 36,883,118
LIABILITIES & CAPITAL:  
 Dividends Payable 1,628
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 133,051
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,778,952
 Regular shares 21,929,499
 All Other Shares & Deposits 2,997,487
  TOTAL SHARES & DEPOSITS 32,705,938
  TOTAL LIABILITIES 32,840,617
 Regular Reserve 280,772
 Other Reserves 0
 Undivided Earnings 3,761,729
  TOTAL EQUITY 4,042,501
  TOTAL LIABILITIES, SHARES, & EQUITY 36,883,118
INCOME & EXPENSE  
 Loan Income 1,060,455
 Investment Income 25,640
 Other Income 105,157
 Total Employee Compensation & Benefits 421,931
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 557,196
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 33,400
 Cost of Funds 26,951
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 392,042
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