Dec, 31, 2023 — ST. VINCENT'S MEDICAL CENTER FEDERAL CREDIT UNION is a federal credit union headquartered in BRIDGEPORT, CT with 1 branch location and about $21.77 million in total assets. Opened 53 years ago in 1971, ST. VINCENT'S MEDICAL CENTER FEDERAL CREDIT UNION has about 1,767 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.
Name: | ST. VINCENT'S MEDICAL CENTER FEDERAL CREDIT UNION |
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Address: (Main Office) | 2800 Main St BRIDGEPORT, CT 06606 |
Phone: | (203) 576-5588 |
Fax: | (203) 576-5855 |
Website: | https://www.svmcfcu.org |
Branches: | 1 branch locations |
Members: | 1,767 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20629 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1971 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $21,771,561 |
CEO/Manager: | Mary Jean Terrell |
Chairperson: | Harlan Madnick |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,453,291 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,610,551 |
Unsecured Loans | 348,719 |
Other Loans | 4,024,400 |
TOTAL LOANS | 5,983,671 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -91,376 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 205,794 |
All Other Assets | 0 |
TOTAL ASSETS | 21,771,561 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 3,911 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 126,837 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,272,797 |
Regular shares | 9,517,400 |
All Other Shares & Deposits | 9,056,136 |
TOTAL SHARES & DEPOSITS | 21,846,333 |
TOTAL LIABILITIES | 21,977,081 |
Regular Reserve | 0 |
Other Reserves | -2,255,349 |
Undivided Earnings | 2,049,829 |
TOTAL EQUITY | -205,520 |
TOTAL LIABILITIES, SHARES, & EQUITY | 21,771,561 |
INCOME & EXPENSE | |
Loan Income | 376,449 |
Investment Income | 237,608 |
Other Income | 165,627 |
Total Employee Compensation & Benefits | 302,911 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 417,653 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,871 |
Cost of Funds | 182,564 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -136,734 |
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