Dec, 31, 2020 — HEALTHCARE SYSTEMS FEDERAL CREDIT UNION is a federal credit union headquartered in FALLS CHURCH, VA with 3 branch locations and about $101.07 million in total assets. Opened 55 years ago in 1966, HEALTHCARE SYSTEMS FEDERAL CREDIT UNION has about 9,219 members and employs 21 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: | http://healthcarefcu.org |
Branches: | 3 branch locations |
Members: | 9,219 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24564 |
---|---|
Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1966 |
Last Audited: | Sep 01, 2020 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $101,071,601 |
CEO/Manager: | William Hawkins |
Chairperson: | John Howell |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 13,448,718 |
TOTAL INVESTMENTS | 28,361,747 |
Loans Held for Sale | 0 |
Real Estate Loans | 31,495,917 |
Unsecured Loans | 9,269,942 |
Other Loans | 15,872,666 |
TOTAL LOANS | 56,638,525 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,011,236 |
Land And Building | 108,869 |
Other Fixed Assets | 94,493 |
NCUSIF Deposit | 852,959 |
All Other Assets | 2,577,526 |
TOTAL ASSETS | 101,071,601 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 1,000,000 |
Accounts Payable & Other Liabilities | 536,394 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 15,477,823 |
Regular shares | 39,967,253 |
All Other Shares & Deposits | 35,260,893 |
TOTAL SHARES & DEPOSITS | 90,705,969 |
TOTAL LIABILITIES | 92,242,363 |
Regular Reserve | 614,224 |
Other Reserves | 488,429 |
Undivided Earnings | 7,726,585 |
TOTAL EQUITY | 8,829,238 |
TOTAL LIABILITIES, SHARES, & EQUITY | 101,071,601 |
INCOME & EXPENSE | |
Loan Income | 3,126,026 |
Investment Income | 554,996 |
Other Income | 960,320 |
Total Employee Compensation & Benefits | 1,725,055 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,628,023 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 204,587 |
Cost of Funds | 800,655 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 283,022 |
↑ Back to Top |