MY HEALTHCARE FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://myhcfcu.org for more information.
Dec, 31, 2023 — MY HEALTHCARE FEDERAL CREDIT UNION is a federal credit union headquartered in Gainesville, FL with 2 branch locations and about $33.83 million in total assets. Opened 50 years ago in 1974, MY HEALTHCARE FEDERAL CREDIT UNION has about 3,802 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MY HEALTHCARE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4720 NW 39th Ave Gainesville, FL 32606-5950 |
| Phone: | (352) 333-4760 |
| Fax: | (352) 333-4805 |
| Website: | https://myhcfcu.org |
| Branches: | 2 branch locations |
| Members: | 3,802 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 21568 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1974 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $33,827,079 |
| CEO/Manager: | Eric Nystrom |
| Chairperson: | Fletcher Hope |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,088,923 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,711,796 |
| Unsecured Loans | 3,707,035 |
| Other Loans | 13,643,288 |
| TOTAL LOANS | 22,870,083 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -171,771 |
| Land And Building | 1,298,330 |
| Other Fixed Assets | 30,646 |
| NCUSIF Deposit | 269,537 |
| All Other Assets | 0 |
| TOTAL ASSETS | 33,827,079 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 272,779 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,281,097 |
| Regular shares | 17,246,211 |
| All Other Shares & Deposits | 5,652,310 |
| TOTAL SHARES & DEPOSITS | 29,179,618 |
| TOTAL LIABILITIES | 29,452,397 |
| Regular Reserve | 0 |
| Other Reserves | 350,313 |
| Undivided Earnings | 4,024,369 |
| TOTAL EQUITY | 4,374,682 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 33,827,079 |
| INCOME & EXPENSE | |
| Loan Income | 851,228 |
| Investment Income | 45,954 |
| Other Income | 362,484 |
| Total Employee Compensation & Benefits | 540,690 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 830,736 |
| Non-operating Income & (Expense) | 260 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 75,500 |
| Cost of Funds | 17,147 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,798 |
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