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BEVERLY HILLS CITY EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2022 — BEVERLY HILLS CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BEVERLY HILLS, CA with 2 branch locations and about $22.38 million in total assets. Opened 69 years ago in 1954, BEVERLY HILLS CITY EMPLOYEES FEDERAL CREDIT UNION has about 1,326 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:BEVERLY HILLS CITY EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
9298 W 3RD ST
BEVERLY HILLS, CA 90210
Phone:(310) 275-3802
Fax:(310) 275-2161
Website:https://www.bhcefcu.org
Branches:2 branch locations
Members:1,326
Credit Union Type:Federal Credit Union
Charter Number:9823
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1954
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$22,376,067
CEO/Manager:Valine Winston
Chairperson:KLARY PUCCI

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,734,550
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,031,446
 Unsecured Loans 1,403,388
 Other Loans 2,520,674
 TOTAL LOANS 6,955,508
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -64,319
 Land And Building 0
 Other Fixed Assets 8,511
 NCUSIF Deposit 198,715
 All Other Assets 0
  TOTAL ASSETS 22,376,067
LIABILITIES & CAPITAL:  
 Dividends Payable 692
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 328,188
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,234,425
 Regular shares 8,079,361
 All Other Shares & Deposits 7,504,741
  TOTAL SHARES & DEPOSITS 19,818,527
  TOTAL LIABILITIES 20,147,407
 Regular Reserve 0
 Other Reserves -265,042
 Undivided Earnings 2,493,702
  TOTAL EQUITY 2,228,660
  TOTAL LIABILITIES, SHARES, & EQUITY 22,376,067
INCOME & EXPENSE  
 Loan Income 299,015
 Investment Income 145,867
 Other Income 48,238
 Total Employee Compensation & Benefits 202,044
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 282,615
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 18,994
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -10,533
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