Mar, 31, 2022 — HAWAIIAN ELECTRIC EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in HONOLULU, HI with 1 branch location and about $37.06 million in total assets. Opened 85 years ago in 1937, HAWAIIAN ELECTRIC EMPLOYEES FEDERAL CREDIT UNION has about 2,011 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HAWAIIAN ELECTRIC EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 770 KAPIOLANI BLVD STE 514 HONOLULU, HI 96813 |
| Phone: | (808) 543-7581 |
| Fax: | (808) 543-7229 |
| Website: | http://www.hecoefcu.org |
| Branches: | 1 branch locations |
| Members: | 2,011 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1869 |
|---|---|
| Membership Type: | Service - Communications and Utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Mar 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $37,061,685 |
| CEO/Manager: | Pam Sumimoto |
| Chairperson: | Kenneth H Pang |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,763,469 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,320,069 |
| Unsecured Loans | 2,150,459 |
| Other Loans | 2,685,624 |
| TOTAL LOANS | 10,156,152 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -115,718 |
| Land And Building | 0 |
| Other Fixed Assets | 1,197 |
| NCUSIF Deposit | 299,613 |
| All Other Assets | 0 |
| TOTAL ASSETS | 37,061,685 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 42,428 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,179,851 |
| Regular shares | 24,096,524 |
| All Other Shares & Deposits | 4,908,202 |
| TOTAL SHARES & DEPOSITS | 31,184,577 |
| TOTAL LIABILITIES | 31,227,005 |
| Regular Reserve | 0 |
| Other Reserves | 5,401,629 |
| Undivided Earnings | 433,051 |
| TOTAL EQUITY | 5,834,680 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 37,061,685 |
| INCOME & EXPENSE | |
| Loan Income | 113,888 |
| Investment Income | 72,588 |
| Other Income | 6,325 |
| Total Employee Compensation & Benefits | 74,290 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 130,040 |
| Non-operating Income & (Expense) | -1 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,862 |
| Cost of Funds | 14,841 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -18,233 |
| ↑ Back to Top | |