Dec, 31, 2022 — SISTER'S HOSPITAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BUFFALO, NY with 1 branch location and about $9.56 million in total assets. Opened 53 years ago in 1970, SISTER'S HOSPITAL EMPLOYEES FEDERAL CREDIT UNION has about 1,448 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: | SISTER'S HOSPITAL EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2157 main st BUFFALO, NY 14214 |
| Phone: | (716) 862-1472 |
| Fax: | (717) 833-5975 |
| Website: | https://www.shefcu.org |
| Branches: | 1 branch locations |
| Members: | 1,448 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20279 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1970 |
| Last Audited: | Mar 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $9,559,167 |
| CEO/Manager: | Julia L DeFranks |
| Chairperson: | mary e young |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 307,182 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 622,413 |
| Other Loans | 2,865,896 |
| TOTAL LOANS | 3,488,309 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,648 |
| Land And Building | 0 |
| Other Fixed Assets | 1,370 |
| NCUSIF Deposit | 85,165 |
| All Other Assets | 0 |
| TOTAL ASSETS | 9,559,167 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7,981 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 11,535 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 6,883,881 |
| All Other Shares & Deposits | 1,732,908 |
| TOTAL SHARES & DEPOSITS | 8,616,789 |
| TOTAL LIABILITIES | 8,636,305 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 922,862 |
| TOTAL EQUITY | 922,862 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,559,167 |
| INCOME & EXPENSE | |
| Loan Income | 118,518 |
| Investment Income | 54,783 |
| Other Income | 7,783 |
| Total Employee Compensation & Benefits | 147,856 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 40,551 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,500 |
| Cost of Funds | 13,571 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -22,583 |
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