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ARKANSAS HEALTH CENTER FEDERAL CREDIT UNION

Dec, 31, 2023 — ARKANSAS HEALTH CENTER FEDERAL CREDIT UNION is a federal credit union headquartered in BENTON, AR with 1 branch location and about $9.44 million in total assets. Opened 71 years ago in 1953, ARKANSAS HEALTH CENTER FEDERAL CREDIT UNION has about 1,125 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:ARKANSAS HEALTH CENTER FEDERAL CREDIT UNION
Address:
(Main Office)
6701 HIGHWAY 67 Bldg 67
BENTON, AR 72015
Phone:(501) 860-0594
Fax:(501) 860-0592
Website:https://www.ahcfcu.com
Branches:1 branch locations
Members:1,125
Credit Union Type:Federal Credit Union
Charter Number:8987
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1953
Last Audited:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$9,435,609
CEO/Manager:Donna K Thomason
Chairperson:Shelia Holicer

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,608,156
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 470,558
 Other Loans 6,126,645
 TOTAL LOANS 6,597,203
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,000
 Land And Building 109,341
 Other Fixed Assets 0
 NCUSIF Deposit 78,882
 All Other Assets 0
  TOTAL ASSETS 9,435,609
LIABILITIES & CAPITAL:  
 Dividends Payable 161
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 23,489
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 755,307
 Regular shares 5,247,776
 All Other Shares & Deposits 2,166,000
  TOTAL SHARES & DEPOSITS 8,169,083
  TOTAL LIABILITIES 8,192,733
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,242,876
  TOTAL EQUITY 1,242,876
  TOTAL LIABILITIES, SHARES, & EQUITY 9,435,609
INCOME & EXPENSE  
 Loan Income 294,435
 Investment Income 76,856
 Other Income 84,790
 Total Employee Compensation & Benefits 194,733
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 145,518
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -5,720
 Cost of Funds 15,957
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 127,393
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