Sep, 30, 2025 — HIALEAH MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in HIALEAH, FL with 1 branch location and about $13.23 million in total assets. Opened 75 years ago in 1951, HIALEAH MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION has about 1,641 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HIALEAH MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 501 Palm Ave HIALEAH, FL 33010-4719 |
| Phone: | (305) 883-8090 |
| Fax: | (305) 883-8092 |
| Website: | https://www.hialeahcu.org |
| Branches: | 1 branch locations |
| Members: | 1,641 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7534 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $13,225,248 |
| CEO/Manager: | Doug E Leever |
| Chairperson: | Yoshua Garfinkel |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 545,497 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,099,803 |
| Other Loans | 6,911,540 |
| TOTAL LOANS | 8,011,343 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -42,350 |
| Land And Building | 0 |
| Other Fixed Assets | 33,865 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 98,975 |
| All Other Assets | 0 |
| TOTAL ASSETS | 13,225,248 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 102,415 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 61,597 |
| Regular shares | 9,818,093 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 9,879,690 |
| TOTAL LIABILITIES | 9,982,105 |
| Regular Reserve | 0 |
| Other Reserves | 172,378 |
| Undivided Earnings | 3,070,765 |
| TOTAL EQUITY | 3,243,143 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 13,225,248 |
| INCOME & EXPENSE | |
| Loan Income | 382,074 |
| Investment Income | 173,329 |
| Other Income | 13,083 |
| Total Employee Compensation & Benefits | 313,957 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 233,803 |
| Non-operating Income & (Expense) | 10,304 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,709 |
| Cost of Funds | 62,616 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -20,641 |
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