Dec, 31, 2023 — NORWALK HOSPITAL CREDIT UNION is a federally insured state chartered credit union headquartered in NORWALK, CT with 1 branch location and about $36.35 million in total assets. Opened 49 years ago in 1975, NORWALK HOSPITAL CREDIT UNION has about 2,425 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NORWALK HOSPITAL CREDIT UNION |
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Address: (Main Office) | 31 1/2 Stevens St NORWALK, CT 06850-3805 |
Phone: | (203) 857-4530 |
Fax: | (203) 857-4798 |
Website: | https://www.nohocu.org |
Branches: | 1 branch locations |
Members: | 2,425 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 65954 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1975 |
Last Audited: | Apr 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $36,347,154 |
CEO/Manager: | Donald K Robertson |
Chairperson: | Peter G Arakelian |
ASSETS: | $ Amount |
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Cash & Equivalents | 914,242 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,914,110 |
Unsecured Loans | 555,867 |
Other Loans | 3,408,460 |
TOTAL LOANS | 8,878,437 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -51,844 |
Land And Building | 0 |
Other Fixed Assets | 3,880 |
NCUSIF Deposit | 358,786 |
All Other Assets | 0 |
TOTAL ASSETS | 36,347,154 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 27,375 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,063,547 |
Regular shares | 9,747,650 |
All Other Shares & Deposits | 20,281,849 |
TOTAL SHARES & DEPOSITS | 33,093,046 |
TOTAL LIABILITIES | 33,120,421 |
Regular Reserve | 0 |
Other Reserves | 260,967 |
Undivided Earnings | 2,965,766 |
TOTAL EQUITY | 3,226,733 |
TOTAL LIABILITIES, SHARES, & EQUITY | 36,347,154 |
INCOME & EXPENSE | |
Loan Income | 424,155 |
Investment Income | 367,925 |
Other Income | 105,456 |
Total Employee Compensation & Benefits | 350,805 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 327,264 |
Non-operating Income & (Expense) | 119,865 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 34,021 |
Cost of Funds | 334,710 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -22,689 |
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