Dec, 31, 2021 — CHHE FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 2 branch locations and about $25.65 million in total assets. Opened 43 years ago in 1979, CHHE FEDERAL CREDIT UNION has about 3,785 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: | 3,785 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,653,773 |
| CEO/Manager: | Brent Patton |
| Chairperson: | Joshua Sova |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,498,753 |
| TOTAL INVESTMENTS | 9,054,348 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 3,750,527 |
| Other Loans | 5,945,355 |
| TOTAL LOANS | 9,695,882 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -63,476 |
| Land And Building | 0 |
| Other Fixed Assets | 107,826 |
| NCUSIF Deposit | 215,353 |
| All Other Assets | 145,087 |
| TOTAL ASSETS | 25,653,773 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -278,281 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,454,565 |
| Regular shares | 16,869,131 |
| All Other Shares & Deposits | 1,011,838 |
| TOTAL SHARES & DEPOSITS | 23,335,534 |
| TOTAL LIABILITIES | 23,057,253 |
| Regular Reserve | 286,655 |
| Other Reserves | 0 |
| Undivided Earnings | 2,309,865 |
| TOTAL EQUITY | 2,596,520 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,653,773 |
| INCOME & EXPENSE | |
| Loan Income | 715,046 |
| Investment Income | 109,010 |
| Other Income | 382,667 |
| Total Employee Compensation & Benefits | 416,324 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 603,330 |
| 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 | 63,360 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 138,474 |
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