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STAMFORD HEALTHCARE CREDIT UNION

Jun, 30, 2021 — STAMFORD HEALTHCARE CREDIT UNION is a federally insured state chartered credit union headquartered in Stamford, CT with 1 branch location and about $24.71 million in total assets. Opened 43 years ago in 1978, STAMFORD HEALTHCARE CREDIT UNION has about 2,574 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.


Name:STAMFORD HEALTHCARE CREDIT UNION
Address:
(Main Office)
166 W Broad St Ste T-02
Stamford, CT 06902
Phone:(203) 316-9111
Fax:(203) 316-9080
Website:http://www.shccu.org
Branches:1 branch locations
Members:2,574
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66002
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1978
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$24,707,313
CEO/Manager:Rose M Coscarelli-Curtis
Chairperson:Robert Salvi

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,121,210
TOTAL INVESTMENTS 14,427,779
Loans Held for Sale 0
 
 Real Estate Loans 197,675
 Unsecured Loans 1,103,941
 Other Loans 2,385,261
 TOTAL LOANS 3,686,877
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,137
 Land And Building 0
 Other Fixed Assets 144,979
 NCUSIF Deposit 199,641
 All Other Assets 2,136,964
  TOTAL ASSETS 24,707,313
LIABILITIES & CAPITAL:  
 Dividends Payable 2,177
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 31,128
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,571,752
 Regular shares 17,523,260
 All Other Shares & Deposits 1,181,241
  TOTAL SHARES & DEPOSITS 22,276,253
  TOTAL LIABILITIES 22,309,558
 Regular Reserve 271,718
 Other Reserves 0
 Undivided Earnings 2,126,037
  TOTAL EQUITY 2,397,755
  TOTAL LIABILITIES, SHARES, & EQUITY 24,707,313
INCOME & EXPENSE  
 Loan Income 124,792
 Investment Income 100,698
 Other Income 89,643
 Total Employee Compensation & Benefits 190,479
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 160,645
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,300
 Cost of Funds 5,982
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 17,453
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