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BEVERLY HILLS CITY EMPLOYEES FEDERAL CREDIT UNION

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

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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
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