Dec, 31, 2023 — SUN CREDIT UNION is a federally insured state chartered credit union headquartered in HOLLYWOOD, FL with 3 branch locations and about $113.22 million in total assets. Opened 33 years ago in 1991, SUN CREDIT UNION has about 7,131 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SUN CREDIT UNION |
---|---|
Address: (Main Office) | 4205 Hollywood Blvd HOLLYWOOD, FL 33021 |
Phone: | (954) 967-4441 |
Fax: | (954) 967-4440 |
Website: | https://www.suncu.org |
Branches: | 3 branch locations |
Members: | 7,131 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67332 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1991 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $113,215,440 |
CEO/Manager: | Patrick J Mason |
Chairperson: | Horace G Mclarty |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 7,450,401 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 7,059,540 |
Unsecured Loans | 4,497,272 |
Other Loans | 32,629,706 |
TOTAL LOANS | 44,186,518 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -477,891 |
Land And Building | 2,471,199 |
Other Fixed Assets | 86,223 |
NCUSIF Deposit | 1,015,378 |
All Other Assets | 0 |
TOTAL ASSETS | 113,215,440 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 91 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,194,920 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 22,232,489 |
Regular shares | 35,797,689 |
All Other Shares & Deposits | 43,758,698 |
TOTAL SHARES & DEPOSITS | 101,788,876 |
TOTAL LIABILITIES | 102,983,887 |
Regular Reserve | 0 |
Other Reserves | -856,513 |
Undivided Earnings | 11,088,066 |
TOTAL EQUITY | 10,231,553 |
TOTAL LIABILITIES, SHARES, & EQUITY | 113,215,440 |
INCOME & EXPENSE | |
Loan Income | 2,044,255 |
Investment Income | 1,861,354 |
Other Income | 597,568 |
Total Employee Compensation & Benefits | 1,459,080 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,884,235 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 196,675 |
Cost of Funds | 606,251 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 878,461 |
↑ Back to Top |