Mar, 31, 2021 — CU HAWAII FEDERAL CREDIT UNION is a federal credit union headquartered in Hilo, HI with 8 branch locations and about $384.21 million in total assets. Opened 66 years ago in 1955, CU HAWAII FEDERAL CREDIT UNION has about 28,310 members and employs 85 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CU HAWAII FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 476 Hinano St Hilo, HI 96720 |
| Phone: | (808) 933-6700 |
| Fax: | (808) 935-7793 |
| Website: | http://www.cuhawaii.com |
| Branches: | 8 branch locations |
| Members: | 28,310 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24630 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Mar 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $384,214,973 |
| CEO/Manager: | James Takamine |
| Chairperson: | Eric Tanouye |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 51,939,237 |
| TOTAL INVESTMENTS | 159,196,853 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 82,208,582 |
| Unsecured Loans | 18,022,489 |
| Other Loans | 54,368,411 |
| TOTAL LOANS | 154,599,482 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -943,434 |
| Land And Building | 7,105,212 |
| Other Fixed Assets | 500,180 |
| NCUSIF Deposit | 2,936,306 |
| All Other Assets | 8,881,137 |
| TOTAL ASSETS | 384,214,973 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6,837,794 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 100,104,265 |
| Regular shares | 196,675,525 |
| All Other Shares & Deposits | 43,251,287 |
| TOTAL SHARES & DEPOSITS | 340,031,077 |
| TOTAL LIABILITIES | 346,868,871 |
| Regular Reserve | 6,795,220 |
| Other Reserves | 5,117,315 |
| Undivided Earnings | 25,433,567 |
| TOTAL EQUITY | 37,346,102 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 384,214,973 |
| INCOME & EXPENSE | |
| Loan Income | 1,624,302 |
| Investment Income | 582,028 |
| Other Income | 273,375 |
| Total Employee Compensation & Benefits | 1,389,277 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,026,807 |
| Non-operating Income & (Expense) | 427 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 70,655 |
| Cost of Funds | 87,894 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 597,892 |
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