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HEMA FEDERAL CREDIT UNION

Sep, 30, 2025 — HEMA FEDERAL CREDIT UNION is a federal credit union headquartered in SILVER SPRING, MD with 1 branch location and about $17.01 million in total assets. Opened 57 years ago in 1969, HEMA FEDERAL CREDIT UNION has about 1,837 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:HEMA FEDERAL CREDIT UNION
Address:
(Main Office)
8701 Georgia Ave Ste 407
SILVER SPRING, MD 20910-3713
Phone:(301) 588-1861
Fax:(301) 495-0764
Website:https://hemafcu.org
Branches:1 branch locations
Members:1,837
Credit Union Type:Federal Credit Union
Charter Number:19514
Membership Type:Service - Health Care
Corporate Credit Union:No
Year Opened:1969
Last Audited:May 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$17,005,276
CEO/Manager:Thomas H Mather
Chairperson:Andrea M Edmonds

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,027,410
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 2,320,800
 Other Loans 5,152,438
 TOTAL LOANS 7,473,238
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -90,317
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 154,591
 All Other Assets 0
  TOTAL ASSETS 17,005,276
LIABILITIES & CAPITAL:  
 Dividends Payable 9,268
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 20,981
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 15,317,860
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 15,317,860
  TOTAL LIABILITIES 15,348,109
 Regular Reserve 0
 Other Reserves 57,108
 Undivided Earnings 1,600,059
  TOTAL EQUITY 1,657,167
  TOTAL LIABILITIES, SHARES, & EQUITY 17,005,276
INCOME & EXPENSE  
 Loan Income 311,249
 Investment Income 98,640
 Other Income 16,988
 Total Employee Compensation & Benefits 0
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 376,537
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 27,673
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 25,226
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