Sep, 30, 2025 — HEALTHCARE EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in PRINCETON, NJ with 2 branch locations and about $129.12 million in total assets. Opened 42 years ago in 1984, HEALTHCARE EMPLOYEES FEDERAL CREDIT UNION has about 14,601 members and employs 22 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HEALTHCARE EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 29 Emmons Dr Ste C40 PRINCETON, NJ 08540-5971 |
| Phone: | (609) 951-0700 |
| Fax: | (609) 275-4194 |
| Website: | https://www.hefcu.com |
| Branches: | 2 branch locations |
| Members: | 14,601 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24150 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1984 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $129,123,888 |
| CEO/Manager: | John J Reed |
| Chairperson: | Claremarie Hall |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,243,659 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 48,966,799 |
| Unsecured Loans | 5,470,686 |
| Other Loans | 24,665,923 |
| TOTAL LOANS | 79,103,408 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -360,120 |
| Land And Building | 0 |
| Other Fixed Assets | 823,863 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,133,870 |
| All Other Assets | 0 |
| TOTAL ASSETS | 129,123,888 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,119,820 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,424,868 |
| Regular shares | 96,922,754 |
| All Other Shares & Deposits | 8,044,242 |
| TOTAL SHARES & DEPOSITS | 112,391,864 |
| TOTAL LIABILITIES | 113,511,684 |
| Regular Reserve | 0 |
| Other Reserves | -622,809 |
| Undivided Earnings | 16,235,013 |
| TOTAL EQUITY | 15,612,204 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 129,123,888 |
| INCOME & EXPENSE | |
| Loan Income | 3,458,353 |
| Investment Income | 1,493,607 |
| Other Income | 410,279 |
| Total Employee Compensation & Benefits | 1,465,115 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,810,791 |
| Non-operating Income & (Expense) | -17,375 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 88,818 |
| Cost of Funds | 454,301 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,695,301 |
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