Dec, 31, 2023 — CHHE FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 3 branch locations and about $26.83 million in total assets. Opened 45 years ago in 1979, CHHE FEDERAL CREDIT UNION has about 4,028 members and employs 9 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 |
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Address: (Main Office) | 1204 Hal Greer Blvd HUNTINGTON, WV 25701 |
Phone: | (304) 525-4145 |
Fax: | (304) 525-5505 |
Website: | https://www.chhe.org |
Branches: | 3 branch locations |
Members: | 4,028 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 23545 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1979 |
Last Audited: | Jul 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $26,827,285 |
CEO/Manager: | Brent Patton |
Chairperson: | Joshua Sova |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,818,560 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 4,349,902 |
Other Loans | 9,972,510 |
TOTAL LOANS | 14,322,411 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -63,957 |
Land And Building | 0 |
Other Fixed Assets | 19,859 |
NCUSIF Deposit | 251,346 |
All Other Assets | 0 |
TOTAL ASSETS | 26,827,285 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 157 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 16,525 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,286,591 |
Regular shares | 15,224,613 |
All Other Shares & Deposits | 3,475,842 |
TOTAL SHARES & DEPOSITS | 23,987,046 |
TOTAL LIABILITIES | 24,003,728 |
Regular Reserve | 0 |
Other Reserves | 286,655 |
Undivided Earnings | 2,536,902 |
TOTAL EQUITY | 2,823,557 |
TOTAL LIABILITIES, SHARES, & EQUITY | 26,827,285 |
INCOME & EXPENSE | |
Loan Income | 948,345 |
Investment Income | 198,453 |
Other Income | 241,085 |
Total Employee Compensation & Benefits | 475,861 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 620,213 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 82,000 |
Cost of Funds | 119,742 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 90,067 |
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