Dec, 31, 2023 — BIG ISLAND FEDERAL CREDIT UNION is a federal credit union headquartered in HILO, HI with 3 branch locations and about $160.95 million in total assets. Opened 88 years ago in 1936, BIG ISLAND FEDERAL CREDIT UNION has about 9,929 members and employs 30 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BIG ISLAND FEDERAL CREDIT UNION |
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Address: (Main Office) | 66 Lono St HILO, HI 96720-4144 |
Phone: | (808) 935-9778 |
Fax: | (808) 934-7572 |
Website: | https://www.bigislandfcu.com |
Branches: | 3 branch locations |
Members: | 9,929 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1607 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $160,950,032 |
CEO/Manager: | Nicole Aguinaldo |
Chairperson: | Henry Kaaihue, Jr. |
ASSETS: | $ Amount |
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Cash & Equivalents | 8,545,960 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 23,907,233 |
Unsecured Loans | 13,874,201 |
Other Loans | 14,816,288 |
TOTAL LOANS | 52,597,724 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -471,777 |
Land And Building | 1,287,772 |
Other Fixed Assets | 42,965 |
NCUSIF Deposit | 1,389,109 |
All Other Assets | 12,774 |
TOTAL ASSETS | 160,950,032 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,609,696 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 23,917,828 |
Regular shares | 74,030,624 |
All Other Shares & Deposits | 45,738,083 |
TOTAL SHARES & DEPOSITS | 143,686,537 |
TOTAL LIABILITIES | 145,296,233 |
Regular Reserve | 0 |
Other Reserves | 1,155,010 |
Undivided Earnings | 14,498,789 |
TOTAL EQUITY | 15,653,799 |
TOTAL LIABILITIES, SHARES, & EQUITY | 160,950,032 |
INCOME & EXPENSE | |
Loan Income | 2,789,082 |
Investment Income | 2,782,865 |
Other Income | 590,746 |
Total Employee Compensation & Benefits | 2,456,357 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,000,358 |
Non-operating Income & (Expense) | -9 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 210,786 |
Cost of Funds | 803,543 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,360,954 |
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