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HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION

Mar, 31, 2022 — 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 $63.33 million in total assets. Opened 69 years ago in 1953, HUNTINGTON BEACH CTY EMPLOYEES CREDIT UNION has about 2,847 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:2,847
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:$63,332,879
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 14,821,197
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,192,361
 Unsecured Loans 3,612,378
 Other Loans 6,075,147
 TOTAL LOANS 12,879,886
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -205,409
 Land And Building 0
 Other Fixed Assets 70,668
 NCUSIF Deposit 538,099
 All Other Assets 0
  TOTAL ASSETS 63,332,879
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 128,651
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 8,865,231
 Regular shares 42,119,569
 All Other Shares & Deposits 5,913,147
  TOTAL SHARES & DEPOSITS 56,897,947
  TOTAL LIABILITIES 57,026,598
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 6,306,281
  TOTAL EQUITY 6,306,281
  TOTAL LIABILITIES, SHARES, & EQUITY 63,332,879
INCOME & EXPENSE  
 Loan Income 142,251
 Investment Income 77,259
 Other Income 9,871
 Total Employee Compensation & Benefits 131,935
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 202,272
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 45,612
 Cost of Funds 8,214
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -103,038
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