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NORWALK HOSPITAL CREDIT UNION

Jun, 30, 2021 — NORWALK HOSPITAL CREDIT UNION is a federally insured state chartered credit union headquartered in NORWALK, CT with 1 branch location and about $40.95 million in total assets. Opened 46 years ago in 1975, NORWALK HOSPITAL CREDIT UNION has about 2,581 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 221183256
Name:NORWALK HOSPITAL CREDIT UNION
Address:
(Main Office)
31 1/2 STEVENS STREET
NORWALK, CT 06850
Phone:(203) 857-4530
Fax:(203) 857-4798
Website:http://www.nohocu.org
Branches:1 branch locations
Members:2,581
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:65954
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1975
Last Audited:Apr 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$40,949,612
CEO/Manager:Donald K Robertson
Chairperson:Peter G Arakelian

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,144,773
TOTAL INVESTMENTS 30,592,156
Loans Held for Sale 0
 
 Real Estate Loans 5,302,614
 Unsecured Loans 526,731
 Other Loans 1,956,388
 TOTAL LOANS 7,785,733
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -84,045
 Land And Building 0
 Other Fixed Assets 27,425
 NCUSIF Deposit 356,491
 All Other Assets 127,079
  TOTAL ASSETS 40,949,612
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 26,325
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,921,102
 Regular shares 10,531,906
 All Other Shares & Deposits 24,369,146
  TOTAL SHARES & DEPOSITS 37,822,154
  TOTAL LIABILITIES 37,848,479
 Regular Reserve 260,967
 Other Reserves 0
 Undivided Earnings 2,840,166
  TOTAL EQUITY 3,101,133
  TOTAL LIABILITIES, SHARES, & EQUITY 40,949,612
INCOME & EXPENSE  
 Loan Income 175,977
 Investment Income 212,840
 Other Income 35,258
 Total Employee Compensation & Benefits 183,661
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 145,749
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -502
 Cost of Funds 118,006
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -19,444
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