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H & H FEDERAL CREDIT UNION

Jun, 30, 2021 — H & H FEDERAL CREDIT UNION is a federal credit union headquartered in Stinnett, TX with 2 branch locations and about $48.39 million in total assets. Opened 58 years ago in 1963, H & H FEDERAL CREDIT UNION has about 3,286 members and employs 11 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:3,286
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$48,387,495
CEO/Manager:Tina Hunter
Chairperson:Mark Snider

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,741,278
TOTAL INVESTMENTS 25,127,036
Loans Held for Sale 0
 
 Real Estate Loans 2,331,432
 Unsecured Loans 1,335,532
 Other Loans 16,260,638
 TOTAL LOANS 19,927,602
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -57,000
 Land And Building 1,078,041
 Other Fixed Assets 16,981
 NCUSIF Deposit 375,252
 All Other Assets 178,305
  TOTAL ASSETS 48,387,495
LIABILITIES & CAPITAL:  
 Dividends Payable 8,117
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 276,230
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,756,109
 Regular shares 30,350,497
 All Other Shares & Deposits 5,981,904
  TOTAL SHARES & DEPOSITS 39,088,510
  TOTAL LIABILITIES 39,372,857
 Regular Reserve 819,070
 Other Reserves 0
 Undivided Earnings 8,195,568
  TOTAL EQUITY 9,014,638
  TOTAL LIABILITIES, SHARES, & EQUITY 48,387,495
INCOME & EXPENSE  
 Loan Income 500,627
 Investment Income 127,051
 Other Income 48,777
 Total Employee Compensation & Benefits 382,833
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 253,172
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -29,500
 Cost of Funds 50,643
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 152,395
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