Sep, 30, 2025 — HEALTHCARE SYSTEMS FEDERAL CREDIT UNION is a federal credit union headquartered in FALLS CHURCH, VA with 7 branch locations and about $135.36 million in total assets. Opened 60 years ago in 1966, HEALTHCARE SYSTEMS FEDERAL CREDIT UNION has about 13,865 members and employs 33 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 SYSTEMS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3300 Gallows Rd FALLS CHURCH, VA 22042 |
| Phone: | (703) 776-2700 |
| Fax: | |
| Website: | https://www.healthcarefcu.org |
| Branches: | 7 branch locations |
| Members: | 13,865 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24564 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $135,355,825 |
| CEO/Manager: | William Hawkins |
| Chairperson: | Henry Schmitt |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,925,764 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 37,276,866 |
| Unsecured Loans | 10,938,829 |
| Other Loans | 23,453,682 |
| TOTAL LOANS | 71,669,377 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,228,654 |
| Land And Building | 70,598 |
| Other Fixed Assets | 161,030 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,171,591 |
| All Other Assets | 0 |
| TOTAL ASSETS | 135,355,825 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 705,264 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 20,589,729 |
| Regular shares | 48,880,100 |
| All Other Shares & Deposits | 51,168,161 |
| TOTAL SHARES & DEPOSITS | 120,637,990 |
| TOTAL LIABILITIES | 121,343,254 |
| Regular Reserve | 0 |
| Other Reserves | -823,192 |
| Undivided Earnings | 14,835,763 |
| TOTAL EQUITY | 14,012,571 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 135,355,825 |
| INCOME & EXPENSE | |
| Loan Income | 3,517,610 |
| Investment Income | 1,496,663 |
| Other Income | 993,401 |
| Total Employee Compensation & Benefits | 1,941,378 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,979,820 |
| Non-operating Income & (Expense) | 56,444 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 327,396 |
| Cost of Funds | 1,488,745 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 368,958 |
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