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H & H FEDERAL CREDIT UNION

Dec, 31, 2020 — H & H FEDERAL CREDIT UNION is a federal credit union headquartered in Stinnett, TX with 2 branch locations and about $46.89 million in total assets. Opened 58 years ago in 1963, H & H FEDERAL CREDIT UNION has about 3,370 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:H & H FEDERAL CREDIT UNION
Address:
(Main Office)
PO Box 1187
Stinnett, TX 79083
Phone:(806) 878-2452
Fax:(806) 878-3784
Website:http://www.myhhfcu.org
Branches:2 branch locations
Members:3,370
Credit Union Type:Federal Credit Union
Charter Number:15961
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1963
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$46,891,090
CEO/Manager:Tina Hunter
Chairperson:Mark Snider

Call Report

  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,867,686
TOTAL INVESTMENTS 21,142,402
Loans Held for Sale 0
 
 Real Estate Loans 1,941,972
 Unsecured Loans 1,512,035
 Other Loans 16,793,069
 TOTAL LOANS 20,247,076
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -83,723
 Land And Building 1,093,031
 Other Fixed Assets 20,980
 NCUSIF Deposit 370,064
 All Other Assets 233,574
  TOTAL ASSETS 46,891,090
LIABILITIES & CAPITAL:  
 Dividends Payable 9,220
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 228,797
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,841,639
 Regular shares 28,911,150
 All Other Shares & Deposits 6,038,041
  TOTAL SHARES & DEPOSITS 37,790,830
  TOTAL LIABILITIES 38,028,847
 Regular Reserve 819,070
 Other Reserves 0
 Undivided Earnings 8,043,173
  TOTAL EQUITY 8,862,243
  TOTAL LIABILITIES, SHARES, & EQUITY 46,891,090
INCOME & EXPENSE  
 Loan Income 1,069,494
 Investment Income 397,011
 Other Income 486,059
 Total Employee Compensation & Benefits 801,774
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 589,997
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,000
 Cost of Funds 178,776
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 377,017
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