Dec, 31, 2021 — L.A. HEALTHCARE FEDERAL CREDIT UNION is a federal credit union headquartered in LOS ANGELES, CA with 2 branch locations and about $18.33 million in total assets. Opened 58 years ago in 1964, L.A. HEALTHCARE FEDERAL CREDIT UNION has about 2,255 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: | L.A. HEALTHCARE FEDERAL CREDIT UNION |
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Address: (Main Office) | 637 Lucas Ave Ste 510 LOS ANGELES, CA 90017-1997 |
Phone: | (213) 291-1833 |
Fax: | (213) 202-5757 |
Website: | http://www.lahfcu.org |
Branches: | 2 branch locations |
Members: | 2,255 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 16571 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1964 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $18,328,102 |
CEO/Manager: | Annice Kim |
Chairperson: | Bonnie Gorges |
ASSETS: | $ Amount |
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Cash & Equivalents | 837,690 |
TOTAL INVESTMENTS | 8,671,478 |
Loans Held for Sale | 0 |
Real Estate Loans | 315,288 |
Unsecured Loans | 1,278,555 |
Other Loans | 6,916,145 |
TOTAL LOANS | 8,509,988 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -106,722 |
Land And Building | 0 |
Other Fixed Assets | 135,706 |
NCUSIF Deposit | 169,042 |
All Other Assets | 110,920 |
TOTAL ASSETS | 18,328,102 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 167,254 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,870,866 |
Regular shares | 12,852,791 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 16,723,657 |
TOTAL LIABILITIES | 16,890,911 |
Regular Reserve | 920,000 |
Other Reserves | 0 |
Undivided Earnings | 517,191 |
TOTAL EQUITY | 1,437,191 |
TOTAL LIABILITIES, SHARES, & EQUITY | 18,328,102 |
INCOME & EXPENSE | |
Loan Income | 420,992 |
Investment Income | 128,297 |
Other Income | 324,320 |
Total Employee Compensation & Benefits | 273,262 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 477,621 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 424 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 128,025 |
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