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ST. VINCENT'S MEDICAL CENTER FEDERAL CREDIT UNION

Sep, 30, 2021 — ST. VINCENT'S MEDICAL CENTER FEDERAL CREDIT UNION is a federal credit union headquartered in BRIDGEPORT, CT with 1 branch location and about $22.09 million in total assets. Opened 51 years ago in 1971, ST. VINCENT'S MEDICAL CENTER FEDERAL CREDIT UNION has about 1,875 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:1,875
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$22,089,628
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 3,603,337
TOTAL INVESTMENTS 14,062,920
Loans Held for Sale 0
 
 Real Estate Loans 1,577,499
 Unsecured Loans 362,046
 Other Loans 2,261,694
 TOTAL LOANS 4,201,239
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -35,994
 Land And Building 0
 Other Fixed Assets 24,934
 NCUSIF Deposit 185,939
 All Other Assets 47,253
  TOTAL ASSETS 22,089,628
LIABILITIES & CAPITAL:  
 Dividends Payable 1,181
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 92,089
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,809,180
 Regular shares 10,968,833
 All Other Shares & Deposits 5,100,155
  TOTAL SHARES & DEPOSITS 19,878,168
  TOTAL LIABILITIES 19,971,438
 Regular Reserve 151,410
 Other Reserves -183,928
 Undivided Earnings 2,150,708
  TOTAL EQUITY 2,118,190
  TOTAL LIABILITIES, SHARES, & EQUITY 22,089,628
INCOME & EXPENSE  
 Loan Income 162,088
 Investment Income 174,982
 Other Income 56,763
 Total Employee Compensation & Benefits 231,590
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 275,893
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,664
 Cost of Funds 9,711
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 19,957
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