Dec, 31, 2021 — SELF-HELP FEDERAL CREDIT UNION is a federal credit union headquartered in DURHAM, NC with 32 branch locations and about $1.79 billion in total assets. Opened 14 years ago in 2008, SELF-HELP FEDERAL CREDIT UNION has about 94,412 members and employs 366 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SELF-HELP FEDERAL CREDIT UNION |
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Address: (Main Office) | 301 W Main St DURHAM, NC 27701-3215 |
Phone: | (919) 956-4600 |
Fax: | |
Website: | http://www.self-helpfcu.org |
Branches: | 32 branch locations |
Members: | 94,412 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24802 |
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Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 2008 |
Last Audited: | Dec 01, 2020 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $1,788,207,889 |
CEO/Manager: | Martin D Eakes |
Chairperson: | Raul Raymundo |
ASSETS: | $ Amount |
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Cash & Equivalents | 509,165,020 |
TOTAL INVESTMENTS | 10,016,627 |
Loans Held for Sale | 0 |
Real Estate Loans | 984,523,475 |
Unsecured Loans | 85,281,943 |
Other Loans | 134,707,539 |
TOTAL LOANS | 1,204,751,552 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,181,427 |
Land And Building | 31,735,789 |
Other Fixed Assets | 18,816,831 |
NCUSIF Deposit | 12,094,409 |
All Other Assets | 21,809,088 |
TOTAL ASSETS | 1,788,207,889 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 42,033 |
Notes & Interest Payable | 13,999,353 |
Accounts Payable & Other Liabilities | 33,076,361 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 159,000,000 |
Share Drafts | 241,986,451 |
Regular shares | 396,879,576 |
All Other Shares & Deposits | 841,666,249 |
TOTAL SHARES & DEPOSITS | 1,480,532,276 |
TOTAL LIABILITIES | 1,686,650,023 |
Regular Reserve | 1,000,000 |
Other Reserves | -5,141,730 |
Undivided Earnings | 105,699,596 |
TOTAL EQUITY | 101,557,866 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,788,207,889 |
INCOME & EXPENSE | |
Loan Income | 67,297,772 |
Investment Income | 563,794 |
Other Income | 11,172,375 |
Total Employee Compensation & Benefits | 27,839,631 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 23,625,621 |
Non-operating Income & (Expense) | 2,970,359 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,394,917 |
Cost of Funds | 15,652,983 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 21,073,913 |
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