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REGIONAL MEDICAL CTR HOPKINS CO EMP FEDERAL CREDIT UNION

Jun, 30, 2021 — REGIONAL MEDICAL CTR HOPKINS CO EMP FEDERAL CREDIT UNION is a federal credit union headquartered in MADISONVILLE, KY with 1 branch location and about $9.53 million in total assets. Opened 49 years ago in 1972, REGIONAL MEDICAL CTR HOPKINS CO EMP FEDERAL CREDIT UNION has about 1,620 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:REGIONAL MEDICAL CTR HOPKINS CO EMP FEDERAL CREDIT UNION
Address:
(Main Office)
200 CLINIC DR
MADISONVILLE, KY 42431
Phone:(270) 326-6100
Fax:(270) 326-6105
Website:http://www.rmcefcu.virtualcu.net
Branches:1 branch locations
Members:1,620
Credit Union Type:Federal Credit Union
Charter Number:21126
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1972
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$9,530,907
CEO/Manager:Shelley Pennington
Chairperson:William McCann

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,203,055
TOTAL INVESTMENTS 2,620,067
Loans Held for Sale 0
 
 Real Estate Loans 273,990
 Unsecured Loans 216,103
 Other Loans 4,114,451
 TOTAL LOANS 4,604,544
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,000
 Land And Building 0
 Other Fixed Assets 15,857
 NCUSIF Deposit 81,161
 All Other Assets 16,223
  TOTAL ASSETS 9,530,907
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,576
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 611,655
 Regular shares 7,533,938
 All Other Shares & Deposits 504,396
  TOTAL SHARES & DEPOSITS 8,649,989
  TOTAL LIABILITIES 8,656,565
 Regular Reserve 90,099
 Other Reserves 0
 Undivided Earnings 784,243
  TOTAL EQUITY 874,342
  TOTAL LIABILITIES, SHARES, & EQUITY 9,530,907
INCOME & EXPENSE  
 Loan Income 104,707
 Investment Income 4,140
 Other Income 11,168
 Total Employee Compensation & Benefits 92,855
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 47,869
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -7,960
 Cost of Funds 4,961
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -17,555
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