Jun, 30, 2024 — PENINSULA GEN HOSP&MED CENTR EMPLS FEDERAL CREDIT UNION is a federal credit union headquartered in SALISBURY, MD with 1 branch location and about $4.60 million in total assets. Opened 46 years ago in 1978, PENINSULA GEN HOSP&MED CENTR EMPLS FEDERAL CREDIT UNION has about 965 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: | PENINSULA GEN HOSP&MED CENTR EMPLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 100 E Carroll St SALISBURY, MD 21801 |
| Phone: | (410) 543-7230 |
| Fax: | (410) 543-4746 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 965 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23125 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1978 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,604,168 |
| CEO/Manager: | Doris C Dennis |
| Chairperson: | Michelle Humphress |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,279,096 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 793,280 |
| Other Loans | 0 |
| TOTAL LOANS | 793,280 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -52,550 |
| Land And Building | 0 |
| Other Fixed Assets | 4,802 |
| NCUSIF Deposit | 34,256 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,604,168 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,842 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,743,062 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,743,062 |
| TOTAL LIABILITIES | 3,745,904 |
| Regular Reserve | 0 |
| Other Reserves | 50,689 |
| Undivided Earnings | 807,575 |
| TOTAL EQUITY | 858,264 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,604,168 |
| INCOME & EXPENSE | |
| Loan Income | 76,910 |
| Investment Income | 8,852 |
| Other Income | 348 |
| Total Employee Compensation & Benefits | 52,703 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 33,694 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -41,899 |
| Cost of Funds | 2,616 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 38,996 |
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