Mar, 31, 2021 — CHHE FEDERAL CREDIT UNION is a federal credit union headquartered in Huntington, WV with 2 branch locations and about $25.81 million in total assets. Opened 42 years ago in 1979, CHHE FEDERAL CREDIT UNION has about 3,535 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CHHE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1204 Hal Greer Blvd Huntington, WV 25701 |
| Phone: | (304) 525-4145 |
| Fax: | (304) 525-5505 |
| Website: | http://www.chhe.org |
| Branches: | 2 branch locations |
| Members: | 3,535 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23545 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1979 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,814,398 |
| CEO/Manager: | Gregg E Walker |
| Chairperson: | Joshua Sova |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,635,851 |
| TOTAL INVESTMENTS | 8,062,348 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,890,837 |
| Other Loans | 6,881,890 |
| TOTAL LOANS | 9,772,727 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -100,000 |
| Land And Building | 0 |
| Other Fixed Assets | 180,996 |
| NCUSIF Deposit | 168,698 |
| All Other Assets | 93,778 |
| TOTAL ASSETS | 25,814,398 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 952 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,625 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,630,992 |
| Regular shares | 16,787,852 |
| All Other Shares & Deposits | 919,281 |
| TOTAL SHARES & DEPOSITS | 23,338,125 |
| TOTAL LIABILITIES | 23,341,702 |
| Regular Reserve | 286,655 |
| Other Reserves | 0 |
| Undivided Earnings | 2,186,041 |
| TOTAL EQUITY | 2,472,696 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,814,398 |
| INCOME & EXPENSE | |
| Loan Income | 179,466 |
| Investment Income | 34,797 |
| Other Income | 86,209 |
| Total Employee Compensation & Benefits | 111,031 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 155,254 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -4,482 |
| Cost of Funds | 19,061 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 22,494 |
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