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HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION

Jun, 30, 2024 — 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 $62.71 million in total assets. Opened 72 years ago in 1953, HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION has about 2,645 members and employs 4 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)
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:2,645
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, 2022
FHLB Member:No
Low Income Designation:No
Assets:$62,706,020
CEO/Manager:Angela K Clitherow
Chairperson:Paul D'Alessandro

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,135,663
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 5,180,026
 Unsecured Loans 3,110,702
 Other Loans 5,388,801
 TOTAL LOANS 13,679,529
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -205,626
 Land And Building 0
 Other Fixed Assets 230,987
 NCUSIF Deposit 538,266
 All Other Assets 10,551
  TOTAL ASSETS 62,706,020
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 332,711
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 10,102,163
 Regular shares 42,150,589
 All Other Shares & Deposits 3,703,408
  TOTAL SHARES & DEPOSITS 55,956,160
  TOTAL LIABILITIES 56,288,871
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 6,417,149
  TOTAL EQUITY 6,417,149
  TOTAL LIABILITIES, SHARES, & EQUITY 62,706,020
INCOME & EXPENSE  
 Loan Income 500,165
 Investment Income 357,113
 Other Income 32,405
 Total Employee Compensation & Benefits 227,804
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 651,984
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 106,826
 Cost of Funds 30,223
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 7,830
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