Dec, 31, 2023 — NEW HAMPSHIRE FEDERAL CREDIT UNION is a federal credit union headquartered in CONCORD, NH with 2 branch locations and about $343.74 million in total assets. Opened 83 years ago in 1941, NEW HAMPSHIRE FEDERAL CREDIT UNION has about 14,221 members and employs 40 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NEW HAMPSHIRE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 70 Airport Rd CONCORD, NH 03301-5205 |
| Phone: | (603) 224-7731 |
| Fax: | (603) 224-1042 |
| Website: | https://www.nhfcu.org |
| Branches: | 2 branch locations |
| Members: | 14,221 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4746 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $343,735,758 |
| CEO/Manager: | Anthony L Emerson |
| Chairperson: | James P Fredyma |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 14,201,612 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 130,772,128 |
| Unsecured Loans | 5,707,783 |
| Other Loans | 68,175,649 |
| TOTAL LOANS | 204,655,560 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -697,000 |
| Land And Building | 644,305 |
| Other Fixed Assets | 114,279 |
| NCUSIF Deposit | 2,609,986 |
| All Other Assets | 0 |
| TOTAL ASSETS | 343,735,758 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 193,249 |
| Notes & Interest Payable | 34,000,000 |
| Accounts Payable & Other Liabilities | 1,619,306 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 35,969,373 |
| Regular shares | 115,175,453 |
| All Other Shares & Deposits | 121,752,178 |
| TOTAL SHARES & DEPOSITS | 272,897,004 |
| TOTAL LIABILITIES | 308,709,559 |
| Regular Reserve | 0 |
| Other Reserves | -5,594,014 |
| Undivided Earnings | 40,620,213 |
| TOTAL EQUITY | 35,026,199 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 343,735,758 |
| INCOME & EXPENSE | |
| Loan Income | 7,411,098 |
| Investment Income | 2,126,784 |
| Other Income | 492,991 |
| Total Employee Compensation & Benefits | 4,597,750 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,648,284 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 266,903 |
| Cost of Funds | 2,777,461 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 895,796 |
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