Sep, 30, 2025 — CENTRAL VERMONT MEDICAL CENTER,INC. CREDIT UNION is a federally insured state chartered credit union headquartered in BERLIN, VT with 1 branch location and about $12.57 million in total assets. Opened 56 years ago in 1970, CENTRAL VERMONT MEDICAL CENTER,INC. CREDIT UNION has about 1,604 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CENTRAL VERMONT MEDICAL CENTER,INC. CREDIT UNION |
|---|---|
| Address: (Main Office) | 130 Fisher Rd BERLIN, VT 05602 |
| Phone: | (802) 371-4211 |
| Fax: | (802) 371-5359 |
| Website: | https://www.cvmccu.org |
| Branches: | 1 branch locations |
| Members: | 1,604 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65090 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1970 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,566,156 |
| CEO/Manager: | Patrick Reeves |
| Chairperson: | Kelly Holland |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,395,562 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 751,670 |
| Other Loans | 3,897,777 |
| TOTAL LOANS | 4,649,447 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -96,827 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 80,577 |
| All Other Assets | 0 |
| TOTAL ASSETS | 12,566,156 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,904 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 99,576 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,705,251 |
| Regular shares | 3,209,332 |
| All Other Shares & Deposits | 4,255,679 |
| TOTAL SHARES & DEPOSITS | 9,170,262 |
| TOTAL LIABILITIES | 9,271,742 |
| Regular Reserve | 0 |
| Other Reserves | 305,115 |
| Undivided Earnings | 2,989,299 |
| TOTAL EQUITY | 3,294,414 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,566,156 |
| INCOME & EXPENSE | |
| Loan Income | 273,252 |
| Investment Income | 220,007 |
| Other Income | 29,603 |
| Total Employee Compensation & Benefits | 189,664 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 168,036 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 26,092 |
| Cost of Funds | 56,842 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 82,228 |
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