Mar, 31, 2022 — BIG ISLAND FEDERAL CREDIT UNION is a federal credit union headquartered in HILO, HI with 3 branch locations and about $160.17 million in total assets. Opened 86 years ago in 1936, BIG ISLAND FEDERAL CREDIT UNION has about 11,889 members and employs 32 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 |
|---|---|
| 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: | 11,889 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1607 |
|---|---|
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $160,168,211 |
| CEO/Manager: | Nicole Aguinaldo |
| Chairperson: | Henry Kaaihue, Jr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 21,659,385 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 18,442,909 |
| Unsecured Loans | 11,867,729 |
| Other Loans | 13,683,614 |
| TOTAL LOANS | 43,994,252 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -267,076 |
| Land And Building | 1,441,563 |
| Other Fixed Assets | 85,492 |
| NCUSIF Deposit | 1,307,693 |
| All Other Assets | 1,641 |
| TOTAL ASSETS | 160,168,211 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 973,474 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 24,091,035 |
| Regular shares | 85,671,035 |
| All Other Shares & Deposits | 35,771,191 |
| TOTAL SHARES & DEPOSITS | 145,533,261 |
| TOTAL LIABILITIES | 146,506,735 |
| Regular Reserve | 0 |
| Other Reserves | 1,155,010 |
| Undivided Earnings | 12,506,466 |
| TOTAL EQUITY | 13,661,476 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 160,168,211 |
| INCOME & EXPENSE | |
| Loan Income | 622,381 |
| Investment Income | 371,166 |
| Other Income | 124,367 |
| Total Employee Compensation & Benefits | 532,840 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 467,690 |
| Non-operating Income & (Expense) | -2 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -23,717 |
| Cost of Funds | 64,601 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 241,103 |
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