Dec, 31, 2022 — HOLLYFRONTIER EMPLOYEE'S CREDIT UNION is a federally insured state chartered credit union headquartered in WEST BOUNTIFUL, UT with 1 branch location and about $6.92 million in total assets. Opened 83 years ago in 1940, HOLLYFRONTIER EMPLOYEE'S CREDIT UNION has about 745 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HOLLYFRONTIER EMPLOYEE'S CREDIT UNION |
|---|---|
| Address: (Main Office) | 876 Heritage Point Ln WEST BOUNTIFUL, UT 84087-1970 |
| Phone: | (801) 298-1024 |
| Fax: | (801) 295-5001 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 745 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67078 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,921,335 |
| CEO/Manager: | Meagan Nattress |
| Chairperson: | Margaret J Bowman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 518,941 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 16,330 |
| Unsecured Loans | 250,193 |
| Other Loans | 6,158,118 |
| TOTAL LOANS | 6,424,641 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -108,735 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 51,699 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,921,335 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,433 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 19,066 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,681,511 |
| All Other Shares & Deposits | 2,542,355 |
| TOTAL SHARES & DEPOSITS | 5,223,866 |
| TOTAL LIABILITIES | 5,245,365 |
| Regular Reserve | 0 |
| Other Reserves | 367,930 |
| Undivided Earnings | 1,308,040 |
| TOTAL EQUITY | 1,675,970 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,921,335 |
| INCOME & EXPENSE | |
| Loan Income | 234,731 |
| Investment Income | 1,049 |
| Other Income | 8,699 |
| Total Employee Compensation & Benefits | 97,197 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 46,713 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,262 |
| Cost of Funds | 18,021 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 76,060 |
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