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HANIN FEDERAL CREDIT UNION

Mar, 31, 2022 — HANIN FEDERAL CREDIT UNION is a federal credit union headquartered in LOS ANGELES, CA with 3 branch locations and about $28.79 million in total assets. Opened 27 years ago in 1995, HANIN FEDERAL CREDIT UNION has about 3,478 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:HANIN FEDERAL CREDIT UNION
Address:
(Main Office)
3700 Wilshire Blvd Ste 104
LOS ANGELES, CA 90010-2902
Phone:(213) 368-9000
Fax:(213) 388-0949
Website:http://www.haninfcu.org
Branches:3 branch locations
Members:3,478
Credit Union Type:Federal Credit Union
Charter Number:24549
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1995
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$28,787,481
CEO/Manager:James Lee
Chairperson:Bog S Lee

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,159,122
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 887,065
 Unsecured Loans 1,101,511
 Other Loans 21,277,296
 TOTAL LOANS 23,265,872
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -467,509
 Land And Building 0
 Other Fixed Assets 251,675
 NCUSIF Deposit 256,498
 All Other Assets 0
  TOTAL ASSETS 28,787,481
LIABILITIES & CAPITAL:  
 Dividends Payable 16,444
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 572,432
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,231,100
 Regular shares 4,717,693
 All Other Shares & Deposits 10,885,105
  TOTAL SHARES & DEPOSITS 24,833,898
  TOTAL LIABILITIES 25,422,774
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,364,707
  TOTAL EQUITY 3,364,707
  TOTAL LIABILITIES, SHARES, & EQUITY 28,787,481
INCOME & EXPENSE  
 Loan Income 517,194
 Investment Income 221
 Other Income 229,364
 Total Employee Compensation & Benefits 384,201
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 203,776
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 60,000
 Cost of Funds 32,441
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 162,861
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