Dec, 31, 2023 — HEALTHCARE EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in PRINCETON, NJ with 2 branch locations and about $134.82 million in total assets. Opened 40 years ago in 1984, HEALTHCARE EMPLOYEES FEDERAL CREDIT UNION has about 14,824 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | HEALTHCARE EMPLOYEES FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 29 Emmons Dr Ste C40 PRINCETON, NJ 08540-5971 |
Phone: | (609) 951-0700 |
Fax: | (609) 275-4194 |
Website: | https://www.hefcu.com |
Branches: | 2 branch locations |
Members: | 14,824 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24150 |
---|---|
Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1984 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $134,820,938 |
CEO/Manager: | John J Dawidowski |
Chairperson: | Claremarie Hall |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,387,124 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 36,943,259 |
Unsecured Loans | 2,006,306 |
Other Loans | 32,611,249 |
TOTAL LOANS | 71,560,814 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -319,304 |
Land And Building | 0 |
Other Fixed Assets | 642,247 |
NCUSIF Deposit | 1,254,720 |
All Other Assets | 0 |
TOTAL ASSETS | 134,820,938 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 268,396 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,239,970 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 8,551,608 |
Regular shares | 107,095,672 |
All Other Shares & Deposits | 5,917,558 |
TOTAL SHARES & DEPOSITS | 121,564,838 |
TOTAL LIABILITIES | 123,073,204 |
Regular Reserve | 0 |
Other Reserves | -1,458,215 |
Undivided Earnings | 13,205,949 |
TOTAL EQUITY | 11,747,734 |
TOTAL LIABILITIES, SHARES, & EQUITY | 134,820,938 |
INCOME & EXPENSE | |
Loan Income | 3,559,117 |
Investment Income | 1,700,754 |
Other Income | 609,400 |
Total Employee Compensation & Benefits | 2,088,062 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,242,892 |
Non-operating Income & (Expense) | 118,616 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,426 |
Cost of Funds | 873,087 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,040,696 |
↑ Back to Top |