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 |
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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 |
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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 |
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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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