Sep, 30, 2025 — HEALTHNET FEDERAL CREDIT UNION is a federal credit union headquartered in CORDOVA, TN with 3 branch locations and about $54.80 million in total assets. Opened 71 years ago in 1955, HEALTHNET FEDERAL CREDIT UNION has about 4,513 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HEALTHNET FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1591 Chickering Ln CORDOVA, TN 38016-8698 |
| Phone: | (901) 226-1111 |
| Fax: | (901) 226-1122 |
| Website: | https://www.healthnetfcu.org |
| Branches: | 3 branch locations |
| Members: | 4,513 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9994 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $54,798,476 |
| CEO/Manager: | Elizabeth Sharpe |
| Chairperson: | Charles J Emerick |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,228,833 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 40,481 |
| Unsecured Loans | 904,483 |
| Other Loans | 12,634,601 |
| TOTAL LOANS | 14,342,723 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -264,006 |
| Land And Building | 1,548,287 |
| Other Fixed Assets | 86,788 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 456,488 |
| All Other Assets | 0 |
| TOTAL ASSETS | 54,798,476 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 80,165 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 514,052 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,703,957 |
| Regular shares | 18,709,577 |
| All Other Shares & Deposits | 19,184,023 |
| TOTAL SHARES & DEPOSITS | 46,597,557 |
| TOTAL LIABILITIES | 47,191,774 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 7,606,702 |
| TOTAL EQUITY | 7,606,702 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 54,798,476 |
| INCOME & EXPENSE | |
| Loan Income | 683,228 |
| Investment Income | 770,882 |
| Other Income | 240,297 |
| Total Employee Compensation & Benefits | 658,119 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 985,510 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 33,132 |
| Cost of Funds | 246,080 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -31,826 |
| ↑ Back to Top | |