Jun, 30, 2021 — HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in Huntington Beac, CA with 1 branch location and about $63.23 million in total assets. Opened 68 years ago in 1953, HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION has about 2,371 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box E910 Huntington Beac, CA 92648-0857 |
| Phone: | (714) 536-6517 |
| Fax: | (714) 969-0817 |
| Website: | https://www.huntingtonbeachcu.org |
| Branches: | 1 branch locations |
| Members: | 2,371 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60967 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $63,233,707 |
| CEO/Manager: | Angela K Clitherow |
| Chairperson: | Paul D'Alessandro |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 20,676,678 |
| TOTAL INVESTMENTS | 32,696,136 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,663,560 |
| Unsecured Loans | 2,108,444 |
| Other Loans | 4,254,336 |
| TOTAL LOANS | 9,026,340 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -132,905 |
| Land And Building | 0 |
| Other Fixed Assets | 48,222 |
| NCUSIF Deposit | 506,951 |
| All Other Assets | 412,285 |
| TOTAL ASSETS | 63,233,707 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 168,043 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,095,261 |
| Regular shares | 42,434,077 |
| All Other Shares & Deposits | 5,995,719 |
| TOTAL SHARES & DEPOSITS | 56,525,057 |
| TOTAL LIABILITIES | 56,693,100 |
| Regular Reserve | 702,658 |
| Other Reserves | 0 |
| Undivided Earnings | 5,837,949 |
| TOTAL EQUITY | 6,540,607 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 63,233,707 |
| INCOME & EXPENSE | |
| Loan Income | 245,406 |
| Investment Income | 178,872 |
| Other Income | 32,255 |
| Total Employee Compensation & Benefits | 262,655 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 352,312 |
| Non-operating Income & (Expense) | -265 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -11,422 |
| Cost of Funds | 20,039 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -86,024 |
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