Credit Unions Near Me
National Credit Union Service Organization

HURON AREA EDUCATION FEDERAL CREDIT UNION

Mar, 31, 2022 — HURON AREA EDUCATION FEDERAL CREDIT UNION is a federal credit union headquartered in HURON, SD with 1 branch location and about $15.97 million in total assets. Opened 70 years ago in 1952, HURON AREA EDUCATION FEDERAL CREDIT UNION has about 990 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:HURON AREA EDUCATION FEDERAL CREDIT UNION
Address:
(Main Office)
1855 Arizona Ave SW
HURON, SD 57350-6582
Phone:(605) 352-1311
Fax:(605) 352-2979
Website:http://huronareaeducationfcu.com
Branches:1 branch locations
Members:990
Credit Union Type:Federal Credit Union
Charter Number:7599
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1952
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$15,970,737
CEO/Manager:KRISTEN JURGENS
Chairperson:Robert DeBoer

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 526,659
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,693,335
 Unsecured Loans 937,813
 Other Loans 3,361,303
 TOTAL LOANS 7,992,451
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -284,073
 Land And Building 154,764
 Other Fixed Assets 8,768
 NCUSIF Deposit 135,824
 All Other Assets 0
  TOTAL ASSETS 15,970,737
LIABILITIES & CAPITAL:  
 Dividends Payable 2,977
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 28,386
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,337,537
 Regular shares 5,454,298
 All Other Shares & Deposits 6,631,155
  TOTAL SHARES & DEPOSITS 14,422,990
  TOTAL LIABILITIES 14,454,353
 Regular Reserve 0
 Other Reserves 354,983
 Undivided Earnings 1,161,401
  TOTAL EQUITY 1,516,384
  TOTAL LIABILITIES, SHARES, & EQUITY 15,970,737
INCOME & EXPENSE  
 Loan Income 93,189
 Investment Income 11,578
 Other Income 10,217
 Total Employee Compensation & Benefits 61,958
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 28,925
 Non-operating Income & (Expense) 24,631
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 10,307
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 38,425
↑ Back to Top

Other Credit Unions

HB TELCO FEDERAL CREDIT UNION
375 3rd St SW
HURON, SD 57350-1924
DAKOTA RAIL LINE FEDERAL CREDIT UNION
270 4th St NE
HURON, SD 57350-1614
M O FEDERAL CREDIT UNION
1730 Dakota Ave S
HURON, SD 57350
PALACE CITY FEDERAL CREDIT UNION
720 W Havens Ave
MITCHELL, SD 57301
EAST RIVER FEDERAL CREDIT UNION
220 S Harth Ave
MADISON, SD 57042-2916
SIOUX VALLEY COOP FEDERAL CREDIT UNION
712 9th Ave SE
WATERTOWN, SD 57201-5222
AVANTI FEDERAL CREDIT UNION
1620 4th St NE
WATERTOWN, SD 57201-8604
CONSUMER'S FEDERAL CREDIT UNION
301 highway 18 west
GREGORY, SD 57533-2203
FIRST CENTURY FEDERAL CREDIT UNION
1512 E Benson Rd
SIOUX FALLS, SD 57104
FT RANDALL FEDERAL CREDIT UNION
231 Lake St NW
WAGNER, SD 57380