Dec, 31, 2023 — ALLIED HEALTHCARE FEDERAL CREDIT UNION is a federal credit union headquartered in LONG BEACH, CA with 5 branch locations and about $71.98 million in total assets. Opened 68 years ago in 1956, ALLIED HEALTHCARE FEDERAL CREDIT UNION has about 5,026 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALLIED HEALTHCARE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2801 Atlantic Ave LONG BEACH, CA 90806-1701 |
| Phone: | (562) 933-0370 |
| Fax: | (562) 595-8223 |
| Website: | https://www.ahfcu.org |
| Branches: | 5 branch locations |
| Members: | 5,026 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11005 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $71,982,431 |
| CEO/Manager: | Monica Lopez |
| Chairperson: | Larry Matejka |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 829,759 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 37,202,966 |
| Unsecured Loans | 3,363,762 |
| Other Loans | 11,091,869 |
| TOTAL LOANS | 51,930,662 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -125,229 |
| Land And Building | 0 |
| Other Fixed Assets | 179,110 |
| NCUSIF Deposit | 671,241 |
| All Other Assets | 0 |
| TOTAL ASSETS | 71,982,431 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 10,906 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 365,362 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,816,788 |
| Regular shares | 38,062,888 |
| All Other Shares & Deposits | 16,797,409 |
| TOTAL SHARES & DEPOSITS | 64,677,085 |
| TOTAL LIABILITIES | 65,053,353 |
| Regular Reserve | 0 |
| Other Reserves | 1,153,586 |
| Undivided Earnings | 5,775,492 |
| TOTAL EQUITY | 6,929,078 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 71,982,431 |
| INCOME & EXPENSE | |
| Loan Income | 2,801,757 |
| Investment Income | 490,027 |
| Other Income | 296,667 |
| Total Employee Compensation & Benefits | 981,747 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,672,414 |
| Non-operating Income & (Expense) | 174,609 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,000 |
| Cost of Funds | 271,840 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 826,513 |
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