Dec, 31, 2023 — WHEELHOUSE CREDIT UNION is a federally insured state chartered credit union headquartered in SAN DIEGO, CA with 5 branch locations and about $435.62 million in total assets. Opened 90 years ago in 1934, WHEELHOUSE CREDIT UNION has about 32,434 members and employs 92 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | WHEELHOUSE CREDIT UNION |
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Address: (Main Office) | 9212 Balboa Ave SAN DIEGO, CA 92123-1514 |
Phone: | (619) 297-4835 |
Fax: | |
Website: | https://www.wheelhousecu.com |
Branches: | 5 branch locations |
Members: | 32,434 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 61003 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1934 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $435,622,807 |
CEO/Manager: | Lisa Paul-Hill |
Chairperson: | Sharon Floyd |
ASSETS: | $ Amount |
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Cash & Equivalents | 23,382,550 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 124,139,102 |
Unsecured Loans | 9,673,599 |
Other Loans | 227,491,471 |
TOTAL LOANS | 361,304,172 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,442,446 |
Land And Building | 4,583,227 |
Other Fixed Assets | 1,072,273 |
NCUSIF Deposit | 3,374,304 |
All Other Assets | 15,908 |
TOTAL ASSETS | 435,622,807 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 24,000,000 |
Accounts Payable & Other Liabilities | 12,318,743 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 100,736,593 |
Regular shares | 112,990,993 |
All Other Shares & Deposits | 153,948,939 |
TOTAL SHARES & DEPOSITS | 367,676,525 |
TOTAL LIABILITIES | 403,998,450 |
Regular Reserve | 0 |
Other Reserves | -2,659,748 |
Undivided Earnings | 34,284,105 |
TOTAL EQUITY | 31,624,357 |
TOTAL LIABILITIES, SHARES, & EQUITY | 435,622,807 |
INCOME & EXPENSE | |
Loan Income | 17,255,534 |
Investment Income | 1,418,023 |
Other Income | 793,044 |
Total Employee Compensation & Benefits | 8,383,064 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 7,527,098 |
Non-operating Income & (Expense) | 2,319,653 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 407,760 |
Cost of Funds | 5,377,779 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,732,345 |
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