Dec, 31, 2020 — HOLLYFRONTIER EMPLOYEE'S CREDIT UNION is a federally insured state chartered credit union headquartered in BOUNTIFUL, UT with 1 branch location and about $6.55 million in total assets. Opened 81 years ago in 1940, HOLLYFRONTIER EMPLOYEE'S CREDIT UNION has about 803 members and employs 3 full and part-time employees 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) | P O BOX 666 BOUNTIFUL, UT 84011 |
| Phone: | (801) 298-1024 |
| Fax: | (801) 295-5001 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 803 |
| 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: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,554,561 |
| CEO/Manager: | Meagan Nattress |
| Chairperson: | Margaret J Bowman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 820,970 |
| TOTAL INVESTMENTS | 28,390 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 40,232 |
| Unsecured Loans | 287,650 |
| Other Loans | 5,420,958 |
| TOTAL LOANS | 5,748,840 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -97,890 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 46,270 |
| All Other Assets | 7,981 |
| TOTAL ASSETS | 6,554,561 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,263 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 11,477 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,074,481 |
| All Other Shares & Deposits | 2,959,478 |
| TOTAL SHARES & DEPOSITS | 5,033,959 |
| TOTAL LIABILITIES | 5,048,699 |
| Regular Reserve | 344,328 |
| Other Reserves | 0 |
| Undivided Earnings | 1,161,534 |
| TOTAL EQUITY | 1,505,862 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,554,561 |
| INCOME & EXPENSE | |
| Loan Income | 309,870 |
| Investment Income | 1,450 |
| Other Income | 9,547 |
| Total Employee Compensation & Benefits | 120,515 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 58,640 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 11,355 |
| Cost of Funds | 44,411 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 85,946 |
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