Sep, 30, 2025 — HOWARD COUNTY EDUCATION FEDERAL CREDIT UNION is a federal credit union headquartered in ELLICOTT CITY, MD with 1 branch location and about $24.99 million in total assets. Opened 73 years ago in 1953, HOWARD COUNTY EDUCATION FEDERAL CREDIT UNION has about 3,976 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HOWARD COUNTY EDUCATION FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3458 Ellicott Center Dr Ste 106 ELLICOTT CITY, MD 21043-4178 |
| Phone: | (410) 461-4672 |
| Fax: | (410) 461-4691 |
| Website: | https://www.hctafcu.org |
| Branches: | 1 branch locations |
| Members: | 3,976 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8642 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $24,986,063 |
| CEO/Manager: | Janet Oursler |
| Chairperson: | Julian Katz |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,472,760 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,565,295 |
| Unsecured Loans | 5,639,882 |
| Other Loans | 8,769,320 |
| TOTAL LOANS | 15,974,497 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -204,557 |
| Land And Building | 449,719 |
| Other Fixed Assets | 10,054 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 220,019 |
| All Other Assets | 0 |
| TOTAL ASSETS | 24,986,063 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 40,884 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 47,196 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,827,135 |
| Regular shares | 18,589,832 |
| All Other Shares & Deposits | 1,816,056 |
| TOTAL SHARES & DEPOSITS | 22,233,023 |
| TOTAL LIABILITIES | 22,321,103 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,664,960 |
| TOTAL EQUITY | 2,664,960 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 24,986,063 |
| INCOME & EXPENSE | |
| Loan Income | 978,242 |
| Investment Income | 209,568 |
| Other Income | 83,127 |
| Total Employee Compensation & Benefits | 518,927 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 485,658 |
| Non-operating Income & (Expense) | 70,373 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 66,398 |
| Cost of Funds | 111,781 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 158,988 |
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