Sep, 30, 2021 — BEVERLY HILLS CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BEVERLY HILLS, CA with 2 branch locations and about $22.92 million in total assets. Opened 67 years ago in 1954, BEVERLY HILLS CITY EMPLOYEES FEDERAL CREDIT UNION has about 1,536 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: | 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: | http://www.bhcefcu.org |
| Branches: | 2 branch locations |
| Members: | 1,536 |
| 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: | Jun 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $22,921,529 |
| CEO/Manager: | Valine Winston |
| Chairperson: | BIJAN VAZIRI |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,963,078 |
| TOTAL INVESTMENTS | 10,314,643 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,087,117 |
| Unsecured Loans | 1,434,079 |
| Other Loans | 2,876,836 |
| TOTAL LOANS | 7,398,032 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -82,261 |
| Land And Building | 0 |
| Other Fixed Assets | 8,242 |
| NCUSIF Deposit | 187,171 |
| All Other Assets | 132,624 |
| TOTAL ASSETS | 22,921,529 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 732 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 256,546 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,872,959 |
| Regular shares | 7,569,861 |
| All Other Shares & Deposits | 8,456,412 |
| TOTAL SHARES & DEPOSITS | 19,899,232 |
| TOTAL LIABILITIES | 20,156,510 |
| Regular Reserve | 321,200 |
| Other Reserves | -95,522 |
| Undivided Earnings | 2,539,341 |
| TOTAL EQUITY | 2,765,019 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 22,921,529 |
| INCOME & EXPENSE | |
| Loan Income | 324,249 |
| Investment Income | 127,139 |
| Other Income | 46,854 |
| Total Employee Compensation & Benefits | 208,266 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 266,507 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 32,245 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -8,776 |
| ↑ Back to Top | |