Sep, 30, 2025 — NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION is a federally insured state chartered credit union headquartered in NEWPORT, VT with 1 branch location and about $5.62 million in total assets. Opened 57 years ago in 1969, NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION has about 1,003 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 189 E Main St Ste C NEWPORT, VT 05855-5562 |
| Phone: | (802) 334-1844 |
| Fax: | |
| Website: | https://www.nshcu.virtualcu.net |
| Branches: | 1 branch locations |
| Members: | 1,003 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64462 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1969 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,619,567 |
| CEO/Manager: | Linn D Elko |
| Chairperson: | Brian Grimm |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,327,589 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,570,635 |
| Other Loans | 1,667,289 |
| TOTAL LOANS | 3,237,921 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,586 |
| Land And Building | 0 |
| Other Fixed Assets | 4,744 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 47,572 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,619,567 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 12,923 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 11,476 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 352,373 |
| Regular shares | 3,801,270 |
| All Other Shares & Deposits | 930,754 |
| TOTAL SHARES & DEPOSITS | 5,084,397 |
| TOTAL LIABILITIES | 5,108,796 |
| Regular Reserve | 0 |
| Other Reserves | 127,928 |
| Undivided Earnings | 382,843 |
| TOTAL EQUITY | 510,771 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,619,567 |
| INCOME & EXPENSE | |
| Loan Income | 176,792 |
| Investment Income | 16,641 |
| Other Income | 29,632 |
| Total Employee Compensation & Benefits | 112,735 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 97,217 |
| Non-operating Income & (Expense) | 544 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,500 |
| Cost of Funds | 27,657 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -21,500 |
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