Dec, 31, 2023 — STAMFORD HEALTHCARE CREDIT UNION is a federally insured state chartered credit union headquartered in STAMFORD, CT with 1 branch location and about $24.36 million in total assets. Opened 46 years ago in 1978, STAMFORD HEALTHCARE CREDIT UNION has about 2,520 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: | STAMFORD HEALTHCARE CREDIT UNION |
|---|---|
| Address: (Main Office) | 4 Hospital Plz STAMFORD, CT 06902-3602 |
| Phone: | (203) 316-9111 |
| Fax: | (203) 316-9080 |
| Website: | https://www.shccu.org |
| Branches: | 1 branch locations |
| Members: | 2,520 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66002 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1978 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $24,364,284 |
| CEO/Manager: | Rose M Coscarelli-Curtis |
| Chairperson: | Robert Salvi |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 948,833 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 539,482 |
| Unsecured Loans | 1,113,957 |
| Other Loans | 3,260,121 |
| TOTAL LOANS | 4,913,561 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,000 |
| Land And Building | 0 |
| Other Fixed Assets | 126,912 |
| NCUSIF Deposit | 218,325 |
| All Other Assets | 0 |
| TOTAL ASSETS | 24,364,284 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,561 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 36,103 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,426,178 |
| Regular shares | 17,591,340 |
| All Other Shares & Deposits | 605,511 |
| TOTAL SHARES & DEPOSITS | 21,623,029 |
| TOTAL LIABILITIES | 21,660,693 |
| Regular Reserve | 0 |
| Other Reserves | 271,718 |
| Undivided Earnings | 2,431,873 |
| TOTAL EQUITY | 2,703,591 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 24,364,284 |
| INCOME & EXPENSE | |
| Loan Income | 291,166 |
| Investment Income | 319,316 |
| Other Income | 193,507 |
| Total Employee Compensation & Benefits | 415,920 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 382,728 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 11,841 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 116,488 |
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