Jun, 30, 2024 — BAPTIST HEALTH SOUTH FLORIDA FEDERAL CREDIT UNION is a federal credit union headquartered in MIAMI, FL with 4 branch locations and about $103.57 million in total assets. Opened 64 years ago in 1961, BAPTIST HEALTH SOUTH FLORIDA FEDERAL CREDIT UNION has about 12,729 members and employs 47 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BAPTIST HEALTH SOUTH FLORIDA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 13200 SW 128th St MIAMI, FL 33186 |
| Phone: | (786) 257-2304 |
| Fax: | (305) 971-8258 |
| Website: | https://www.bhsffcu.org |
| Branches: | 4 branch locations |
| Members: | 12,729 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14391 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $103,567,676 |
| CEO/Manager: | Alex Aspuru |
| Chairperson: | John Williamson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 14,481,115 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,463,848 |
| Unsecured Loans | 13,484,744 |
| Other Loans | 48,452,077 |
| TOTAL LOANS | 64,400,669 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -562,871 |
| Land And Building | 732,071 |
| Other Fixed Assets | 63,557 |
| NCUSIF Deposit | 863,488 |
| All Other Assets | 0 |
| TOTAL ASSETS | 103,567,676 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,320,996 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 20,079,318 |
| Regular shares | 53,559,090 |
| All Other Shares & Deposits | 15,908,385 |
| TOTAL SHARES & DEPOSITS | 89,546,793 |
| TOTAL LIABILITIES | 90,867,789 |
| Regular Reserve | 0 |
| Other Reserves | 140,899 |
| Undivided Earnings | 12,558,988 |
| TOTAL EQUITY | 12,699,887 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 103,567,676 |
| INCOME & EXPENSE | |
| Loan Income | 3,256,310 |
| Investment Income | 245,037 |
| Other Income | 1,197,463 |
| Total Employee Compensation & Benefits | 2,022,426 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,679,100 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 355,883 |
| Cost of Funds | 105,955 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 889,478 |
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