Dec, 31, 2023 — CHILDREN'S MEDICAL CENTER FEDERAL CREDIT UNION is a federal credit union headquartered in CINCINNATI, OH with 1 branch location and about $43.75 million in total assets. Opened 54 years ago in 1970, CHILDREN'S MEDICAL CENTER FEDERAL CREDIT UNION has about 6,069 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CHILDREN'S MEDICAL CENTER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3333 Burnet Ave CINCINNATI, OH 45229-3026 |
| Phone: | (513) 636-4470 |
| Fax: | (513) 636-8208 |
| Website: | https://www.cmcfcu.org |
| Branches: | 1 branch locations |
| Members: | 6,069 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20186 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1970 |
| Last Audited: | Nov 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $43,750,218 |
| CEO/Manager: | Alice Jenkins |
| Chairperson: | Walter Dobbins |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | -80,415 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,289,965 |
| Unsecured Loans | 931,441 |
| Other Loans | 15,312,320 |
| TOTAL LOANS | 22,533,728 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -27,707 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 359,853 |
| All Other Assets | 0 |
| TOTAL ASSETS | 43,750,218 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 8,809 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 144,832 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,813,333 |
| Regular shares | 19,460,812 |
| All Other Shares & Deposits | 11,461,803 |
| TOTAL SHARES & DEPOSITS | 35,735,949 |
| TOTAL LIABILITIES | 35,889,590 |
| Regular Reserve | 0 |
| Other Reserves | 498,458 |
| Undivided Earnings | 7,362,170 |
| TOTAL EQUITY | 7,860,628 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 43,750,218 |
| INCOME & EXPENSE | |
| Loan Income | 851,077 |
| Investment Income | 478,985 |
| Other Income | 184,269 |
| Total Employee Compensation & Benefits | 331,607 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 422,518 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 27,707 |
| Cost of Funds | 359,689 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 372,810 |
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