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STAMFORD HEALTHCARE CREDIT UNION

Mar, 31, 2021 — STAMFORD HEALTHCARE CREDIT UNION is a federally insured state chartered credit union headquartered in Stamford, CT with 1 branch location and about $23.85 million in total assets. Opened 43 years ago in 1978, STAMFORD HEALTHCARE CREDIT UNION has about 2,532 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:2,532
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, 2019
FHLB Member:No
Low Income Designation:No
Assets:$23,845,562
CEO/Manager:Rose M Coscarelli-Curtis
Chairperson:Robert Salvi

Call Report

  • Credit Builder
  • Overdraft Lines of Credit
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Health Savings Accounts
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,011,208
TOTAL INVESTMENTS 13,877,779
Loans Held for Sale 0
 
 Real Estate Loans 208,091
 Unsecured Loans 1,100,687
 Other Loans 2,210,974
 TOTAL LOANS 3,519,752
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,225
 Land And Building 0
 Other Fixed Assets 155,969
 NCUSIF Deposit 161,400
 All Other Assets 2,129,679
  TOTAL ASSETS 23,845,562
LIABILITIES & CAPITAL:  
 Dividends Payable 1,630
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 38,086
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,393,176
 Regular shares 16,852,747
 All Other Shares & Deposits 1,173,482
  TOTAL SHARES & DEPOSITS 21,419,405
  TOTAL LIABILITIES 21,459,121
 Regular Reserve 271,718
 Other Reserves 0
 Undivided Earnings 2,114,723
  TOTAL EQUITY 2,386,441
  TOTAL LIABILITIES, SHARES, & EQUITY 23,845,562
INCOME & EXPENSE  
 Loan Income 63,230
 Investment Income 48,486
 Other Income 44,305
 Total Employee Compensation & Benefits 93,525
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 82,156
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,967
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 6,138
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