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ST. VINCENT HOSPITAL CREDIT UNION

Jun, 30, 2021 — ST. VINCENT HOSPITAL CREDIT UNION is a federally insured state chartered credit union headquartered in WORCESTER, MA with 2 branch locations and about $14.61 million in total assets. Opened 48 years ago in 1973, ST. VINCENT HOSPITAL CREDIT UNION has about 1,538 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: 211387114
Name:ST. VINCENT HOSPITAL CREDIT UNION
Address:
(Main Office)
123 SUMMER ST
WORCESTER, MA 01608-1216
Phone:(508) 363-9339
Fax:(508) 363-9622
Website:http://svhcreditunion.org
Branches:2 branch locations
Members:1,538
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67964
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1973
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$14,611,512
CEO/Manager:William W George
Chairperson:Stephen Caravella

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,430,940
TOTAL INVESTMENTS 9,726,785
Loans Held for Sale 0
 
 Real Estate Loans 555,480
 Unsecured Loans 745,644
 Other Loans 1,840,796
 TOTAL LOANS 3,141,920
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -58,280
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 137,349
 All Other Assets 232,798
  TOTAL ASSETS 14,611,512
LIABILITIES & CAPITAL:  
 Dividends Payable 360
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 156,992
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,632,312
 Regular shares 10,920,076
 All Other Shares & Deposits 874,798
  TOTAL SHARES & DEPOSITS 13,427,186
  TOTAL LIABILITIES 13,584,538
 Regular Reserve 284,793
 Other Reserves 60,134
 Undivided Earnings 682,047
  TOTAL EQUITY 1,026,974
  TOTAL LIABILITIES, SHARES, & EQUITY 14,611,512
INCOME & EXPENSE  
 Loan Income 105,833
 Investment Income 63,832
 Other Income 38,993
 Total Employee Compensation & Benefits 136,235
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 240,894
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 13,118
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -180,366
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