Dec, 31, 2023 — COMMUNITY HEALTHCARE CREDIT UNION is a federally insured state chartered credit union headquartered in MANCHESTER, CT with 1 branch location and about $16.21 million in total assets. Opened 65 years ago in 1959, COMMUNITY HEALTHCARE CREDIT UNION has about 2,350 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: | COMMUNITY HEALTHCARE CREDIT UNION |
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Address: (Main Office) | 48 Haynes ST MANCHESTER, CT 06040 |
Phone: | (860) 643-3420 |
Fax: | (860) 643-3428 |
Website: | https://www.chcu.org |
Branches: | 1 branch locations |
Members: | 2,350 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60247 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Aug 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $16,214,272 |
CEO/Manager: | Lisa Vitkus |
Chairperson: | Robin Murdock-Meggers |
ASSETS: | $ Amount |
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Cash & Equivalents | 791,315 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,819,920 |
Unsecured Loans | 2,821,483 |
Other Loans | 7,245,667 |
TOTAL LOANS | 12,887,070 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -70,438 |
Land And Building | 180,670 |
Other Fixed Assets | 17,013 |
NCUSIF Deposit | 156,575 |
All Other Assets | 0 |
TOTAL ASSETS | 16,214,272 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 28,405 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,784,081 |
Regular shares | 11,836,106 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 14,620,187 |
TOTAL LIABILITIES | 14,648,592 |
Regular Reserve | 0 |
Other Reserves | 1,323,899 |
Undivided Earnings | 241,781 |
TOTAL EQUITY | 1,565,680 |
TOTAL LIABILITIES, SHARES, & EQUITY | 16,214,272 |
INCOME & EXPENSE | |
Loan Income | 708,705 |
Investment Income | 207,001 |
Other Income | 198,776 |
Total Employee Compensation & Benefits | 306,904 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 477,520 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 107,570 |
Cost of Funds | 16,357 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 253,990 |
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