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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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