Sep, 30, 2025 — HUGHES FEDERAL CREDIT UNION is a federal credit union headquartered in TUCSON, AZ with 7 branch locations and about $2.59 billion in total assets. Opened 75 years ago in 1951, HUGHES FEDERAL CREDIT UNION has about 188,559 members and employs 330 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HUGHES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 971 W Wetmore Rd TUCSON, AZ 85705-1551 |
| Phone: | (520) 794-8341 |
| Fax: | (520) 205-5699 |
| Website: | https://www.hughesfcu.org |
| Branches: | 7 branch locations |
| Members: | 188,559 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7531 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation equipment |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,591,487,184 |
| CEO/Manager: | Andrew S Britton |
| Chairperson: | Juan Gonzalez |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 381,207,468 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 112,630,861 |
| Unsecured Loans | 64,693,664 |
| Other Loans | 1,969,135,491 |
| TOTAL LOANS | 2,147,663,941 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -46,243,926 |
| Land And Building | 36,963,711 |
| Other Fixed Assets | 10,946,971 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 19,789,123 |
| All Other Assets | 7,571,580 |
| TOTAL ASSETS | 2,591,487,184 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 37,388 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 17,580,178 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 211,793,904 |
| Regular shares | 213,654,795 |
| All Other Shares & Deposits | 1,914,718,197 |
| TOTAL SHARES & DEPOSITS | 2,340,166,897 |
| TOTAL LIABILITIES | 2,357,784,463 |
| Regular Reserve | 0 |
| Other Reserves | 223,153,503 |
| Undivided Earnings | 10,549,218 |
| TOTAL EQUITY | 233,702,721 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,591,487,184 |
| INCOME & EXPENSE | |
| Loan Income | 127,019,388 |
| Investment Income | 10,806,830 |
| Other Income | 12,021,468 |
| Total Employee Compensation & Benefits | 23,999,383 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 37,130,039 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 43,740,948 |
| Cost of Funds | 45,526,012 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,293,382 |
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