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 |
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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 |
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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 |
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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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