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HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION

Sep, 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 $65.71 million in total assets. Opened 69 years ago in 1953, HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION has about 2,369 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
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:2,369
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$65,708,551
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 21,848,990
TOTAL INVESTMENTS 33,438,012
Loans Held for Sale 0
 
 Real Estate Loans 2,900,930
 Unsecured Loans 2,102,462
 Other Loans 4,851,010
 TOTAL LOANS 9,854,402
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -149,437
 Land And Building 0
 Other Fixed Assets 58,263
 NCUSIF Deposit 506,951
 All Other Assets 151,370
  TOTAL ASSETS 65,708,551
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 184,633
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 8,392,101
 Regular shares 44,142,393
 All Other Shares & Deposits 6,511,735
  TOTAL SHARES & DEPOSITS 59,046,229
  TOTAL LIABILITIES 59,230,862
 Regular Reserve 702,658
 Other Reserves 0
 Undivided Earnings 5,775,031
  TOTAL EQUITY 6,477,689
  TOTAL LIABILITIES, SHARES, & EQUITY 65,708,551
INCOME & EXPENSE  
 Loan Income 375,555
 Investment Income 261,115
 Other Income 45,828
 Total Employee Compensation & Benefits 387,975
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 531,078
 Non-operating Income & (Expense) -280
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,687
 Cost of Funds 30,821
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -148,942
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