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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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 |
| ↑ Back to Top | |