Dec, 31, 2023 — HEALTHCARE SERVICES CREDIT UNION is a federally insured state chartered credit union headquartered in CHATTANOOGA, TN with 2 branch locations and about $23.66 million in total assets. Opened 72 years ago in 1952, HEALTHCARE SERVICES CREDIT UNION has about 3,176 members and employs 9 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 |
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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: | 3,176 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68173 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Jan 01, 2024 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $23,656,892 |
CEO/Manager: | SHANNON W WALTERS |
Chairperson: | Fred H Gault Jr. |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,140,971 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 2,713,797 |
Other Loans | 12,934,609 |
TOTAL LOANS | 15,648,406 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -156,416 |
Land And Building | 315,537 |
Other Fixed Assets | 29,168 |
NCUSIF Deposit | 196,576 |
All Other Assets | 26,517 |
TOTAL ASSETS | 23,656,892 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 14,592 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 225,233 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,973,142 |
Regular shares | 13,611,754 |
All Other Shares & Deposits | 3,297,514 |
TOTAL SHARES & DEPOSITS | 19,882,410 |
TOTAL LIABILITIES | 20,122,235 |
Regular Reserve | 0 |
Other Reserves | 1,076,903 |
Undivided Earnings | 2,457,754 |
TOTAL EQUITY | 3,534,657 |
TOTAL LIABILITIES, SHARES, & EQUITY | 23,656,892 |
INCOME & EXPENSE | |
Loan Income | 700,189 |
Investment Income | 192,309 |
Other Income | 307,783 |
Total Employee Compensation & Benefits | 544,959 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 546,412 |
Non-operating Income & (Expense) | 73,291 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,600 |
Cost of Funds | 63,159 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 109,442 |
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