Dec, 31, 2021 — HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in HUNTINGTON BEACH, CA with 1 branch location and about $63.69 million in total assets. Opened 69 years ago in 1953, HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION has about 2,841 members and employs 6 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 |
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Address: (Main Office) | 2000 Main St # B272 HUNTINGTON BEACH, CA 92648-2702 |
Phone: | (714) 536-6517 |
Fax: | (714) 969-0817 |
Website: | https://www.huntingtonbeachcu.org |
Branches: | 1 branch locations |
Members: | 2,841 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60967 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $63,693,308 |
CEO/Manager: | Angela K Clitherow |
Chairperson: | Paul D'Alessandro |
ASSETS: | $ Amount |
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Cash & Equivalents | 20,904,132 |
TOTAL INVESTMENTS | 31,604,927 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,983,124 |
Unsecured Loans | 2,121,169 |
Other Loans | 5,516,611 |
TOTAL LOANS | 10,620,904 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -161,966 |
Land And Building | 0 |
Other Fixed Assets | 58,323 |
NCUSIF Deposit | 538,099 |
All Other Assets | 128,889 |
TOTAL ASSETS | 63,693,308 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 163,880 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 8,788,082 |
Regular shares | 42,474,016 |
All Other Shares & Deposits | 5,858,011 |
TOTAL SHARES & DEPOSITS | 57,120,109 |
TOTAL LIABILITIES | 57,283,989 |
Regular Reserve | 702,658 |
Other Reserves | 0 |
Undivided Earnings | 5,706,661 |
TOTAL EQUITY | 6,409,319 |
TOTAL LIABILITIES, SHARES, & EQUITY | 63,693,308 |
INCOME & EXPENSE | |
Loan Income | 516,109 |
Investment Income | 341,521 |
Other Income | 57,408 |
Total Employee Compensation & Benefits | 515,896 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 720,783 |
Non-operating Income & (Expense) | -281 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 19,695 |
Cost of Funds | 40,189 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -217,311 |
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