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HOLLYFRONTIER EMPLOYEE'S CREDIT UNION

Jun, 30, 2023 — 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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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