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 |
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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: | 2,645 |
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, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $62,706,020 |
CEO/Manager: | Angela K Clitherow |
Chairperson: | Paul D'Alessandro |
ASSETS: | $ Amount |
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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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