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HUNTINGTONIZED FEDERAL CREDIT UNION

Dec, 31, 2021 — HUNTINGTONIZED FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 4 branch locations and about $43.09 million in total assets. Opened 83 years ago in 1939, HUNTINGTONIZED FEDERAL CREDIT UNION has about 5,079 members and employs 20 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:http://www.huntingtonized.com
Branches:4 branch locations
Members:5,079
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:$43,092,548
CEO/Manager:Angie Shumway
Chairperson:Garry Boothe

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 13,050,668
TOTAL INVESTMENTS 4,618,837
Loans Held for Sale 0
 
 Real Estate Loans 7,041,435
 Unsecured Loans 1,330,916
 Other Loans 14,261,622
 TOTAL LOANS 22,633,973
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -154,300
 Land And Building 2,256,329
 Other Fixed Assets 117,469
 NCUSIF Deposit 312,955
 All Other Assets 256,617
  TOTAL ASSETS 43,092,548
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 73,253
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,256,292
 Regular shares 22,981,241
 All Other Shares & Deposits 4,522,925
  TOTAL SHARES & DEPOSITS 36,760,458
  TOTAL LIABILITIES 36,833,711
 Regular Reserve 842,975
 Other Reserves 0
 Undivided Earnings 5,415,862
  TOTAL EQUITY 6,258,837
  TOTAL LIABILITIES, SHARES, & EQUITY 43,092,548
INCOME & EXPENSE  
 Loan Income 1,838,565
 Investment Income 61,391
 Other Income 468,278
 Total Employee Compensation & Benefits 1,172,646
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 686,612
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 125,000
 Cost of Funds 50,052
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 379,990
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