Dec, 31, 2022 — HUNTINGTONIZED FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 4 branch locations and about $45.44 million in total assets. Opened 84 years ago in 1939, HUNTINGTONIZED FEDERAL CREDIT UNION has about 5,075 members and employs 18 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HUNTINGTONIZED FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 481 8th Ave W HUNTINGTON, WV 25701 |
| Phone: | (304) 528-2400 |
| Fax: | (304) 528-2404 |
| Website: | https://www.huntingtonized.com |
| Branches: | 4 branch locations |
| Members: | 5,075 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3438 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Feb 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $45,436,511 |
| CEO/Manager: | Angie Shumway |
| Chairperson: | Garry Boothe |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,316,313 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,720,426 |
| Unsecured Loans | 1,349,775 |
| Other Loans | 15,995,421 |
| TOTAL LOANS | 24,065,622 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -186,397 |
| Land And Building | 2,212,607 |
| Other Fixed Assets | 107,430 |
| NCUSIF Deposit | 367,605 |
| All Other Assets | 0 |
| TOTAL ASSETS | 45,436,511 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 176,731 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 10,919,626 |
| Regular shares | 23,464,959 |
| All Other Shares & Deposits | 4,383,041 |
| TOTAL SHARES & DEPOSITS | 38,767,626 |
| TOTAL LIABILITIES | 38,944,357 |
| Regular Reserve | 0 |
| Other Reserves | 842,975 |
| Undivided Earnings | 5,649,179 |
| TOTAL EQUITY | 6,492,154 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 45,436,511 |
| INCOME & EXPENSE | |
| Loan Income | 1,305,970 |
| Investment Income | 140,098 |
| Other Income | 381,947 |
| Total Employee Compensation & Benefits | 926,808 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 567,861 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 110,000 |
| Cost of Funds | 39,311 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 233,316 |
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