Dec, 31, 2023 — COMMUNITY HEALTHCARE FEDERAL CREDIT UNION is a federal credit union headquartered in EVERETT, WA with 1 branch location and about $19.54 million in total assets. Opened 65 years ago in 1959, COMMUNITY HEALTHCARE FEDERAL CREDIT UNION has about 1,359 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COMMUNITY HEALTHCARE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1503 Pacific Ave EVERETT, WA 98201 |
| Phone: | (425) 259-6446 |
| Fax: | (425) 252-9377 |
| Website: | https://www.commhealthcu.org |
| Branches: | 1 branch locations |
| Members: | 1,359 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12847 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $19,538,727 |
| CEO/Manager: | Kristin Christy |
| Chairperson: | Brian Trimble |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 344,229 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,618,693 |
| Unsecured Loans | 1,580,940 |
| Other Loans | 4,786,631 |
| TOTAL LOANS | 9,986,264 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -125,077 |
| Land And Building | 3,972 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 169,330 |
| All Other Assets | 0 |
| TOTAL ASSETS | 19,538,727 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 29,369 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 154,173 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,744,573 |
| Regular shares | 9,886,368 |
| All Other Shares & Deposits | 3,496,431 |
| TOTAL SHARES & DEPOSITS | 17,127,372 |
| TOTAL LIABILITIES | 17,310,914 |
| Regular Reserve | 0 |
| Other Reserves | 190,985 |
| Undivided Earnings | 2,036,828 |
| TOTAL EQUITY | 2,227,813 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 19,538,727 |
| INCOME & EXPENSE | |
| Loan Income | 743,307 |
| Investment Income | 112,690 |
| Other Income | 125,843 |
| Total Employee Compensation & Benefits | 401,355 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 419,707 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 64,033 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 104,850 |
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