Dec, 31, 2023 — UTILITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in HOQUIAM, WA with 1 branch location and about $3.82 million in total assets. Opened 88 years ago in 1936, UTILITY EMPLOYEES FEDERAL CREDIT UNION has about 379 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | UTILITY EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 220 Myrtle St HOQUIAM, WA 98550-3011 |
Phone: | (360) 533-4191 |
Fax: | (360) 538-6399 |
Website: | https://uefcuonline.com |
Branches: | 1 branch locations |
Members: | 379 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1851 |
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Membership Type: | Service - Communications and Utilities |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,823,613 |
CEO/Manager: | Saundra M Leslie |
Chairperson: | Robert Evans |
ASSETS: | $ Amount |
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Cash & Equivalents | 596,823 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 238,183 |
Other Loans | 2,114,864 |
TOTAL LOANS | 2,353,047 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,061 |
Land And Building | 0 |
Other Fixed Assets | 159 |
NCUSIF Deposit | 36,723 |
All Other Assets | 0 |
TOTAL ASSETS | 3,823,613 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 7,271 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,614,293 |
All Other Shares & Deposits | 631,713 |
TOTAL SHARES & DEPOSITS | 3,246,006 |
TOTAL LIABILITIES | 3,253,277 |
Regular Reserve | 0 |
Other Reserves | 108,121 |
Undivided Earnings | 462,215 |
TOTAL EQUITY | 570,336 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,823,613 |
INCOME & EXPENSE | |
Loan Income | 95,534 |
Investment Income | 19,619 |
Other Income | 6,070 |
Total Employee Compensation & Benefits | 52,315 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 29,289 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 30,435 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 9,334 |
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» See also Statement of Financial Condition