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BROWARD HEALTHCARE FEDERAL CREDIT UNION

Mar, 31, 2021 — BROWARD HEALTHCARE FEDERAL CREDIT UNION is a federal credit union headquartered in FORT LAUDERDALE, FL with 5 branch locations and about $97.11 million in total assets. Opened 64 years ago in 1957, BROWARD HEALTHCARE FEDERAL CREDIT UNION has about 8,942 members and employs 20 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
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:8,942
Credit Union Type:Federal Credit Union
Charter Number:11746
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:$97,111,208
CEO/Manager:Daniel E Walker
Chairperson:KATHLEEN COLLINS

Call Report

  • Credit Builder
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,789,626
TOTAL INVESTMENTS 54,004,390
Loans Held for Sale 0
 
 Real Estate Loans 6,715,768
 Unsecured Loans 2,586,671
 Other Loans 21,633,776
 TOTAL LOANS 30,936,215
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -401,075
 Land And Building 1,139,818
 Other Fixed Assets 169,282
 NCUSIF Deposit 716,632
 All Other Assets 756,320
  TOTAL ASSETS 97,111,208
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 871,922
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 19,224,602
 Regular shares 43,142,316
 All Other Shares & Deposits 25,317,719
  TOTAL SHARES & DEPOSITS 87,684,637
  TOTAL LIABILITIES 88,556,559
 Regular Reserve 388,588
 Other Reserves -120,696
 Undivided Earnings 8,286,757
  TOTAL EQUITY 8,554,649
  TOTAL LIABILITIES, SHARES, & EQUITY 97,111,208
INCOME & EXPENSE  
 Loan Income 330,605
 Investment Income 121,522
 Other Income 170,197
 Total Employee Compensation & Benefits 346,645
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 376,429
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 29,352
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 7,121
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