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HUNTINGTONIZED FEDERAL CREDIT UNION

Mar, 31, 2022 — HUNTINGTONIZED FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 4 branch locations and about $44.85 million in total assets. Opened 83 years ago in 1939, HUNTINGTONIZED FEDERAL CREDIT UNION has about 5,016 members and employs 19 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:5,016
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:$44,853,365
CEO/Manager:Angie Shumway
Chairperson:Garry Boothe

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 14,763,619
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 6,990,243
 Unsecured Loans 1,191,500
 Other Loans 14,277,756
 TOTAL LOANS 22,459,499
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -118,875
 Land And Building 2,239,934
 Other Fixed Assets 109,534
 NCUSIF Deposit 312,955
 All Other Assets 0
  TOTAL ASSETS 44,853,365
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 89,893
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 10,598,046
 Regular shares 23,274,746
 All Other Shares & Deposits 4,557,829
  TOTAL SHARES & DEPOSITS 38,430,621
  TOTAL LIABILITIES 38,520,514
 Regular Reserve 0
 Other Reserves 842,975
 Undivided Earnings 5,489,876
  TOTAL EQUITY 6,332,851
  TOTAL LIABILITIES, SHARES, & EQUITY 44,853,365
INCOME & EXPENSE  
 Loan Income 432,854
 Investment Income 57,672
 Other Income 124,190
 Total Employee Compensation & Benefits 312,014
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 197,606
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 29,000
 Cost of Funds 12,872
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 74,014
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