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WINTHROP-UNIVERSITY HOSPITAL EMPLOY FEDERAL CREDIT UNION

Mar, 31, 2021 — WINTHROP-UNIVERSITY HOSPITAL EMPLOY FEDERAL CREDIT UNION is a federal credit union headquartered in MINEOLA, NY with 0 branch location and about $31.78 million in total assets. Opened 48 years ago in 1973, WINTHROP-UNIVERSITY HOSPITAL EMPLOY FEDERAL CREDIT UNION has about 3,840 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:WINTHROP-UNIVERSITY HOSPITAL EMPLOY FEDERAL CREDIT UNION
Address:
(Main Office)
194 1ST ST
MINEOLA, NY 11501
Phone:(516) 493-9400
Fax:(516) 493-9424
Website:http://www.wuhefcu.org
Branches:0 branch locations
Members:3,840
Credit Union Type:Federal Credit Union
Charter Number:21168
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1973
Last Audited:Jun 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$31,780,221
CEO/Manager:Mira Ness
Chairperson:Brian R Malone

Call Report

  • Credit Builder
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 16,847,153
TOTAL INVESTMENTS 1,244,000
Loans Held for Sale 0
 
 Real Estate Loans 6,072,650
 Unsecured Loans 4,751,465
 Other Loans 2,471,620
 TOTAL LOANS 13,295,735
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -356,178
 Land And Building 0
 Other Fixed Assets 197,242
 NCUSIF Deposit 251,901
 All Other Assets 300,368
  TOTAL ASSETS 31,780,221
LIABILITIES & CAPITAL:  
 Dividends Payable 2,557
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 330,289
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,151,790
 Regular shares 17,507,420
 All Other Shares & Deposits 7,599,019
  TOTAL SHARES & DEPOSITS 28,258,229
  TOTAL LIABILITIES 28,591,075
 Regular Reserve 1,360,117
 Other Reserves 0
 Undivided Earnings 1,829,029
  TOTAL EQUITY 3,189,146
  TOTAL LIABILITIES, SHARES, & EQUITY 31,780,221
INCOME & EXPENSE  
 Loan Income 256,581
 Investment Income 10,921
 Other Income 101,818
 Total Employee Compensation & Benefits 79,003
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 365,714
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 30,000
 Cost of Funds 12,981
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -109,778
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