Dec, 31, 2023 — SISTER'S HOSPITAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BUFFALO, NY with 1 branch location and about $8.66 million in total assets. Opened 54 years ago in 1970, SISTER'S HOSPITAL EMPLOYEES FEDERAL CREDIT UNION has about 1,440 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: | SISTER'S HOSPITAL EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 2157 main st BUFFALO, NY 14214 |
Phone: | (716) 862-1472 |
Fax: | (717) 833-5975 |
Website: | https://www.shefcu.org |
Branches: | 1 branch locations |
Members: | 1,440 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20279 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1970 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $8,664,938 |
CEO/Manager: | Julia L DeFranks |
Chairperson: | mary e young |
ASSETS: | $ Amount |
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Cash & Equivalents | 293,305 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 430,994 |
Other Loans | 3,273,302 |
TOTAL LOANS | 3,704,295 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -42,030 |
Land And Building | 0 |
Other Fixed Assets | 625 |
NCUSIF Deposit | 82,219 |
All Other Assets | 0 |
TOTAL ASSETS | 8,664,938 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 7,023 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 6,141,498 |
All Other Shares & Deposits | 1,613,913 |
TOTAL SHARES & DEPOSITS | 7,755,411 |
TOTAL LIABILITIES | 7,762,434 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 902,504 |
TOTAL EQUITY | 902,504 |
TOTAL LIABILITIES, SHARES, & EQUITY | 8,664,938 |
INCOME & EXPENSE | |
Loan Income | 179,285 |
Investment Income | 121,834 |
Other Income | 8,466 |
Total Employee Compensation & Benefits | 207,271 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 63,267 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 34,500 |
Cost of Funds | 20,266 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -13,006 |
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