Dec, 31, 2020 — BROWARD HEALTHCARE FEDERAL CREDIT UNION is a federal credit union headquartered in FORT LAUDERDALE, FL with 5 branch locations and about $90.45 million in total assets. Opened 64 years ago in 1957, BROWARD HEALTHCARE FEDERAL CREDIT UNION has about 8,965 members and employs 18 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BROWARD HEALTHCARE FEDERAL CREDIT UNION |
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Address: (Main Office) | 2350 W COMMERCIAL BLVD FORT LAUDERDALE, FL 33309 |
Phone: | (954) 625-3660 |
Fax: | (954) 730-0357 |
Website: | http://www.bhcfcu.org |
Branches: | 5 branch locations |
Members: | 8,965 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11746 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Sep 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $90,446,589 |
CEO/Manager: | Daniel E Walker |
Chairperson: | KATHLEEN COLLINS |
ASSETS: | $ Amount |
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Cash & Equivalents | 8,047,196 |
TOTAL INVESTMENTS | 48,739,631 |
Loans Held for Sale | 0 |
Real Estate Loans | 6,833,705 |
Unsecured Loans | 3,205,079 |
Other Loans | 21,241,478 |
TOTAL LOANS | 31,280,262 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -409,296 |
Land And Building | 1,143,524 |
Other Fixed Assets | 169,696 |
NCUSIF Deposit | 716,632 |
All Other Assets | 758,944 |
TOTAL ASSETS | 90,446,589 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 970,064 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 17,167,610 |
Regular shares | 38,210,180 |
All Other Shares & Deposits | 24,978,991 |
TOTAL SHARES & DEPOSITS | 80,356,781 |
TOTAL LIABILITIES | 81,326,845 |
Regular Reserve | 388,588 |
Other Reserves | 451,519 |
Undivided Earnings | 8,279,637 |
TOTAL EQUITY | 9,119,744 |
TOTAL LIABILITIES, SHARES, & EQUITY | 90,446,589 |
INCOME & EXPENSE | |
Loan Income | 1,336,151 |
Investment Income | 648,251 |
Other Income | 1,285,673 |
Total Employee Compensation & Benefits | 1,404,964 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,652,954 |
Non-operating Income & (Expense) | 32,446 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 30,000 |
Cost of Funds | 165,148 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 49,455 |
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