Dec, 31, 2023 — HUNTINGTONIZED FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 4 branch locations and about $45.57 million in total assets. Opened 85 years ago in 1939, HUNTINGTONIZED FEDERAL CREDIT UNION has about 5,213 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: | 5,213 |
| 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: | Sep 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $45,569,892 |
| CEO/Manager: | Angie Shumway |
| Chairperson: | Garry Boothe |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,925,746 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 7,454,873 |
| Unsecured Loans | 1,737,345 |
| Other Loans | 21,006,298 |
| TOTAL LOANS | 30,198,516 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -361,852 |
| Land And Building | 2,136,406 |
| Other Fixed Assets | 124,796 |
| NCUSIF Deposit | 368,386 |
| All Other Assets | 0 |
| TOTAL ASSETS | 45,569,892 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 71,215 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 10,988,173 |
| Regular shares | 22,104,493 |
| All Other Shares & Deposits | 5,488,337 |
| TOTAL SHARES & DEPOSITS | 38,581,004 |
| TOTAL LIABILITIES | 38,652,219 |
| Regular Reserve | 0 |
| Other Reserves | 842,975 |
| Undivided Earnings | 6,074,698 |
| TOTAL EQUITY | 6,917,673 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 45,569,892 |
| INCOME & EXPENSE | |
| Loan Income | 1,964,566 |
| Investment Income | 388,844 |
| Other Income | 577,875 |
| Total Employee Compensation & Benefits | 1,402,468 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 759,968 |
| Non-operating Income & (Expense) | 50,000 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 396,500 |
| Cost of Funds | 114,945 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 356,855 |
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