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 |
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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 |
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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 |
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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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