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HOLLYFRONTIER EMPLOYEE'S CREDIT UNION

Dec, 31, 2021 — HOLLYFRONTIER EMPLOYEE'S CREDIT UNION is a federally insured state chartered credit union headquartered in WEST BOUNTIFUL, UT with 1 branch location and about $6.88 million in total assets. Opened 82 years ago in 1940, HOLLYFRONTIER EMPLOYEE'S CREDIT UNION has about 760 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)
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:760
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$6,882,830
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 532,042
TOTAL INVESTMENTS 28,390
Loans Held for Sale 0
 
 Real Estate Loans 25,641
 Unsecured Loans 234,878
 Other Loans 6,082,630
 TOTAL LOANS 6,343,149
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -100,473
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 50,340
 All Other Assets 29,382
  TOTAL ASSETS 6,882,830
LIABILITIES & CAPITAL:  
 Dividends Payable 2,335
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,215
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,439,697
 All Other Shares & Deposits 2,832,673
  TOTAL SHARES & DEPOSITS 5,272,370
  TOTAL LIABILITIES 5,282,920
 Regular Reserve 355,729
 Other Reserves 0
 Undivided Earnings 1,244,181
  TOTAL EQUITY 1,599,910
  TOTAL LIABILITIES, SHARES, & EQUITY 6,882,830
INCOME & EXPENSE  
 Loan Income 302,978
 Investment Income 1,077
 Other Income 12,579
 Total Employee Compensation & Benefits 125,838
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 60,942
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 9,042
 Cost of Funds 28,202
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 94,049
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