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REGIONAL MEDICAL CTR HOPKINS CO EMP FEDERAL CREDIT UNION

Mar, 31, 2022 — REGIONAL MEDICAL CTR HOPKINS CO EMP FEDERAL CREDIT UNION is a federal credit union headquartered in MADISONVILLE, KY with 1 branch location and about $9.86 million in total assets. Opened 50 years ago in 1972, REGIONAL MEDICAL CTR HOPKINS CO EMP FEDERAL CREDIT UNION has about 1,532 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:1,532
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, 2022
FHLB Member:No
Low Income Designation:No
Assets:$9,858,659
CEO/Manager:Shelley Pennington
Chairperson:William McCann

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,019,824
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 241,498
 Unsecured Loans 201,439
 Other Loans 3,868,443
 TOTAL LOANS 4,311,380
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,000
 Land And Building 0
 Other Fixed Assets 2,532
 NCUSIF Deposit 81,161
 All Other Assets 0
  TOTAL ASSETS 9,858,659
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,284
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 618,652
 Regular shares 7,863,386
 All Other Shares & Deposits 497,583
  TOTAL SHARES & DEPOSITS 8,979,621
  TOTAL LIABILITIES 8,987,905
 Regular Reserve 0
 Other Reserves 90,098
 Undivided Earnings 780,656
  TOTAL EQUITY 870,754
  TOTAL LIABILITIES, SHARES, & EQUITY 9,858,659
INCOME & EXPENSE  
 Loan Income 49,807
 Investment Income 4,707
 Other Income 6,755
 Total Employee Compensation & Benefits 38,857
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 23,229
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -1,592
 Cost of Funds 2,494
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,658
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