Dec, 31, 2023 — METHODIST HOSPITAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in DALLAS, TX with 2 branch locations and about $12.01 million in total assets. Opened 72 years ago in 1952, METHODIST HOSPITAL EMPLOYEES FEDERAL CREDIT UNION has about 1,803 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: | METHODIST HOSPITAL EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 1441 N Beckley Ave DALLAS, TX 75203-1201 |
Phone: | (214) 947-1365 |
Fax: | (214) 947-1360 |
Website: | https://www.mhcu.net |
Branches: | 2 branch locations |
Members: | 1,803 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7731 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $12,009,558 |
CEO/Manager: | Molly Hinkley |
Chairperson: | William Couture |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,732,300 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 804,071 |
Other Loans | 4,326,287 |
TOTAL LOANS | 5,130,358 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -103,424 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 108,027 |
All Other Assets | 0 |
TOTAL ASSETS | 12,009,558 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 3,658 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 90,311 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,886,954 |
Regular shares | 7,011,554 |
All Other Shares & Deposits | 1,705,605 |
TOTAL SHARES & DEPOSITS | 10,604,113 |
TOTAL LIABILITIES | 10,698,286 |
Regular Reserve | 0 |
Other Reserves | 159,880 |
Undivided Earnings | 1,151,392 |
TOTAL EQUITY | 1,311,272 |
TOTAL LIABILITIES, SHARES, & EQUITY | 12,009,558 |
INCOME & EXPENSE | |
Loan Income | 305,461 |
Investment Income | 288,394 |
Other Income | 156,169 |
Total Employee Compensation & Benefits | 194,895 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 287,255 |
Non-operating Income & (Expense) | -1,985 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 67,442 |
Cost of Funds | 14,314 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 198,577 |
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