Dec, 31, 2023 — HEALTHCARE ASSOCIATES CREDIT UNION is a federally insured state chartered credit union headquartered in NAPERVILLE, IL with 4 branch locations and about $459.83 million in total assets. Opened 45 years ago in 1979, HEALTHCARE ASSOCIATES CREDIT UNION has about 32,542 members and employs 63 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 ASSOCIATES CREDIT UNION |
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Address: (Main Office) | 1151 E Warrenville Rd NAPERVILLE, IL 60563-9339 |
Phone: | (630) 276-5555 |
Fax: | (630) 276-5841 |
Website: | https://www.hacu.org |
Branches: | 4 branch locations |
Members: | 32,542 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 65421 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1979 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $459,830,530 |
CEO/Manager: | Joseph J Kregul |
Chairperson: | Jack A Gilbert |
ASSETS: | $ Amount |
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Cash & Equivalents | 21,780,640 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 129,090,830 |
Unsecured Loans | 27,999,807 |
Other Loans | 151,846,456 |
TOTAL LOANS | 308,993,544 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,422,826 |
Land And Building | 0 |
Other Fixed Assets | 595,219 |
NCUSIF Deposit | 3,763,649 |
All Other Assets | 0 |
TOTAL ASSETS | 459,830,530 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 18,501 |
Notes & Interest Payable | 24,700,000 |
Accounts Payable & Other Liabilities | 7,004,205 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 58,457,505 |
Regular shares | 92,671,526 |
All Other Shares & Deposits | 230,631,069 |
TOTAL SHARES & DEPOSITS | 381,760,100 |
TOTAL LIABILITIES | 413,482,806 |
Regular Reserve | 0 |
Other Reserves | -12,481,990 |
Undivided Earnings | 58,829,714 |
TOTAL EQUITY | 46,347,724 |
TOTAL LIABILITIES, SHARES, & EQUITY | 459,830,530 |
INCOME & EXPENSE | |
Loan Income | 14,892,368 |
Investment Income | 4,863,999 |
Other Income | 2,537,895 |
Total Employee Compensation & Benefits | 6,839,738 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 7,517,145 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,719,751 |
Cost of Funds | 5,097,336 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,422,832 |
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