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National Credit Union Service Organization

L.A. HEALTHCARE FEDERAL CREDIT UNION

Mar, 31, 2021 — L.A. HEALTHCARE FEDERAL CREDIT UNION is a federal credit union headquartered in LOS ANGELES, CA with 2 branch locations and about $18.82 million in total assets. Opened 57 years ago in 1964, L.A. HEALTHCARE FEDERAL CREDIT UNION has about 2,324 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)
PO BOX 17159
LOS ANGELES, CA 90017
Phone:(213) 291-1833
Fax:(213) 202-5757
Website:http://www.lahfcu.org
Branches:2 branch locations
Members:2,324
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$18,819,404
CEO/Manager:Annice Kim
Chairperson:Bonnie Gorges

Call Report

  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Check Cashing
  • Insurance/Investment Sales
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,316,810
TOTAL INVESTMENTS 6,907,228
Loans Held for Sale 0
 
 Real Estate Loans 377,954
 Unsecured Loans 1,367,160
 Other Loans 5,632,719
 TOTAL LOANS 7,377,833
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -101,501
 Land And Building 0
 Other Fixed Assets 69,248
 NCUSIF Deposit 169,042
 All Other Assets 80,744
  TOTAL ASSETS 18,819,404
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 53,908
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,336,467
 Regular shares 13,095,827
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 17,432,294
  TOTAL LIABILITIES 17,486,202
 Regular Reserve 920,000
 Other Reserves 0
 Undivided Earnings 413,202
  TOTAL EQUITY 1,333,202
  TOTAL LIABILITIES, SHARES, & EQUITY 18,819,404
INCOME & EXPENSE  
 Loan Income 106,390
 Investment Income 30,717
 Other Income 75,658
 Total Employee Compensation & Benefits 68,442
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 122,166
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 24,035
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