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CHHE FEDERAL CREDIT UNION

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
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
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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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