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CHHE FEDERAL CREDIT UNION

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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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