Sep, 30, 2025 — HEALTHCARE SERVICES CREDIT UNION is a federally insured state chartered credit union headquartered in CHATTANOOGA, TN with 2 branch locations and about $24.08 million in total assets. Opened 74 years ago in 1952, HEALTHCARE SERVICES CREDIT UNION has about 3,114 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HEALTHCARE SERVICES CREDIT UNION |
|---|---|
| Address: (Main Office) | 946 E 3rd St CHATTANOOGA, TN 37403-2101 |
| Phone: | (423) 242-4728 |
| Fax: | (423) 242-1940 |
| Website: | https://www.hscu.net |
| Branches: | 2 branch locations |
| Members: | 3,114 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68173 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $24,079,978 |
| CEO/Manager: | SHANNON W WALTERS |
| Chairperson: | Fred H Gault Jr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,862,567 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,433,493 |
| Other Loans | 12,747,039 |
| TOTAL LOANS | 15,180,532 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -137,778 |
| Land And Building | 287,768 |
| Other Fixed Assets | 65,974 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 192,798 |
| All Other Assets | 0 |
| TOTAL ASSETS | 24,079,978 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 208,406 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,811,406 |
| Regular shares | 12,388,596 |
| All Other Shares & Deposits | 4,852,564 |
| TOTAL SHARES & DEPOSITS | 20,052,566 |
| TOTAL LIABILITIES | 20,260,972 |
| Regular Reserve | 0 |
| Other Reserves | 465,106 |
| Undivided Earnings | 3,353,900 |
| TOTAL EQUITY | 3,819,006 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 24,079,978 |
| INCOME & EXPENSE | |
| Loan Income | 655,431 |
| Investment Income | 258,722 |
| Other Income | 223,834 |
| Total Employee Compensation & Benefits | 475,942 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 456,057 |
| Non-operating Income & (Expense) | 45,412 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,500 |
| Cost of Funds | 136,328 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 107,572 |
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