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 |
| 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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