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NORWALK HOSPITAL CREDIT UNION

Mar, 31, 2022 — NORWALK HOSPITAL CREDIT UNION is a federally insured state chartered credit union headquartered in NORWALK, CT with 1 branch location and about $41.05 million in total assets. Opened 47 years ago in 1975, NORWALK HOSPITAL CREDIT UNION has about 2,524 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 St
NORWALK, CT 06850-3805
Phone:(203) 857-4530
Fax:(203) 857-4798
Website:http://www.nohocu.org
Branches:1 branch locations
Members:2,524
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:$41,053,341
CEO/Manager:Donald K Robertson
Chairperson:Peter G Arakelian

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,493,315
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 5,007,059
 Unsecured Loans 519,289
 Other Loans 2,003,152
 TOTAL LOANS 7,529,500
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -59,019
 Land And Building 0
 Other Fixed Assets 16,872
 NCUSIF Deposit 348,766
 All Other Assets 0
  TOTAL ASSETS 41,053,341
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 41,276
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,745,357
 Regular shares 11,184,181
 All Other Shares & Deposits 23,859,736
  TOTAL SHARES & DEPOSITS 37,789,274
  TOTAL LIABILITIES 37,830,550
 Regular Reserve 0
 Other Reserves 260,967
 Undivided Earnings 2,961,824
  TOTAL EQUITY 3,222,791
  TOTAL LIABILITIES, SHARES, & EQUITY 41,053,341
INCOME & EXPENSE  
 Loan Income 82,345
 Investment Income 101,255
 Other Income 24,140
 Total Employee Compensation & Benefits 90,392
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 57,628
 Non-operating Income & (Expense) 98,546
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -679
 Cost of Funds 34,655
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 127,440
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