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ST. VINCENT'S MEDICAL CENTER FEDERAL CREDIT UNION

Dec, 31, 2021 — ST. VINCENT'S MEDICAL CENTER FEDERAL CREDIT UNION is a federal credit union headquartered in BRIDGEPORT, CT with 1 branch location and about $22.21 million in total assets. Opened 51 years ago in 1971, ST. VINCENT'S MEDICAL CENTER FEDERAL CREDIT UNION has about 1,847 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:ST. VINCENT'S MEDICAL CENTER FEDERAL CREDIT UNION
Address:
(Main Office)
2800 Main St
BRIDGEPORT, CT 06606
Phone:(203) 576-5588
Fax:(203) 576-5855
Website:http://www.svmcfcu.org
Branches:1 branch locations
Members:1,847
Credit Union Type:Federal Credit Union
Charter Number:20629
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1971
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$22,209,206
CEO/Manager:Mary Jean Terrell
Chairperson:Harlan Madnick

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,500,313
TOTAL INVESTMENTS 16,310,203
Loans Held for Sale 0
 
 Real Estate Loans 1,690,104
 Unsecured Loans 423,521
 Other Loans 2,063,734
 TOTAL LOANS 4,177,359
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -25,280
 Land And Building 0
 Other Fixed Assets 22,771
 NCUSIF Deposit 185,939
 All Other Assets 37,901
  TOTAL ASSETS 22,209,206
LIABILITIES & CAPITAL:  
 Dividends Payable 619
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 84,188
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,723,978
 Regular shares 11,007,020
 All Other Shares & Deposits 5,476,405
  TOTAL SHARES & DEPOSITS 20,207,403
  TOTAL LIABILITIES 20,292,210
 Regular Reserve 151,410
 Other Reserves -371,495
 Undivided Earnings 2,137,081
  TOTAL EQUITY 1,916,996
  TOTAL LIABILITIES, SHARES, & EQUITY 22,209,206
INCOME & EXPENSE  
 Loan Income 213,136
 Investment Income 222,391
 Other Income 77,633
 Total Employee Compensation & Benefits 314,454
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 371,178
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -4,837
 Cost of Funds 12,880
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 6,229
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