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ANMED HEALTH FEDERAL CREDIT UNION

Jun, 30, 2021 — ANMED HEALTH FEDERAL CREDIT UNION is a federal credit union headquartered in Anderson, SC with 1 branch location and about $17.38 million in total assets. Opened 47 years ago in 1974, ANMED HEALTH FEDERAL CREDIT UNION has about 2,666 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ANMED HEALTH FEDERAL CREDIT UNION
Address:
(Main Office)
PO Box 2805
Anderson, SC 29622
Phone:(864) 512-1147
Fax:(864) 512-1154
Website:http://www.anmedhealthfcu.com
Branches:1 branch locations
Members:2,666
Credit Union Type:Federal Credit Union
Charter Number:21508
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1974
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$17,376,846
CEO/Manager:Tami W Ellison
Chairperson:Joe C Martin, Jr

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,738,893
TOTAL INVESTMENTS 1,077,719
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 911,351
 Other Loans 5,403,623
 TOTAL LOANS 6,314,974
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -14,510
 Land And Building 0
 Other Fixed Assets 5,995
 NCUSIF Deposit 143,225
 All Other Assets 110,550
  TOTAL ASSETS 17,376,846
LIABILITIES & CAPITAL:  
 Dividends Payable 2,086
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 16,390
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,740,222
 Regular shares 12,740,354
 All Other Shares & Deposits 996,841
  TOTAL SHARES & DEPOSITS 15,477,417
  TOTAL LIABILITIES 15,495,893
 Regular Reserve 216,561
 Other Reserves 0
 Undivided Earnings 1,664,392
  TOTAL EQUITY 1,880,953
  TOTAL LIABILITIES, SHARES, & EQUITY 17,376,846
INCOME & EXPENSE  
 Loan Income 158,335
 Investment Income 9,620
 Other Income 28,407
 Total Employee Compensation & Benefits 118,354
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 137,296
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -10,573
 Cost of Funds 5,395
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -46,079
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