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 |
| 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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