Dec, 31, 2023 — PENINSULA GEN HOSP&MED CENTR EMPLS FEDERAL CREDIT UNION is a federal credit union headquartered in SALISBURY, MD with 1 branch location and about $3.98 million in total assets. Opened 46 years ago in 1978, PENINSULA GEN HOSP&MED CENTR EMPLS FEDERAL CREDIT UNION has about 925 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: | 925 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23125 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1978 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,983,197 |
| CEO/Manager: | Jamie Dennis |
| Chairperson: | Michelle Humphress |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 754,006 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 649,660 |
| Other Loans | 0 |
| TOTAL LOANS | 649,660 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -58,699 |
| Land And Building | 0 |
| Other Fixed Assets | 3,865 |
| NCUSIF Deposit | 34,365 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,983,197 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,906 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,072,096 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,072,096 |
| TOTAL LIABILITIES | 3,077,002 |
| Regular Reserve | 0 |
| Other Reserves | 50,689 |
| Undivided Earnings | 855,506 |
| TOTAL EQUITY | 906,195 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,983,197 |
| INCOME & EXPENSE | |
| Loan Income | 85,885 |
| Investment Income | 73,932 |
| Other Income | 314 |
| Total Employee Compensation & Benefits | 69,875 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 38,026 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 8,891 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 43,339 |
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