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National Credit Union Service Organization

L.A. HEALTHCARE FEDERAL CREDIT UNION

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.


ABA Routing Number: 322078011
Name:L.A. HEALTHCARE FEDERAL CREDIT UNION
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
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

Call Report

  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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