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 |
| 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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