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REGIONAL MEDICAL CTR HOPKINS CO EMP FEDERAL CREDIT UNION

Dec, 31, 2023 — REGIONAL MEDICAL CTR HOPKINS CO EMP FEDERAL CREDIT UNION is a federal credit union headquartered in MADISONVILLE, KY with 1 branch location and about $8.97 million in total assets. Opened 52 years ago in 1972, REGIONAL MEDICAL CTR HOPKINS CO EMP FEDERAL CREDIT UNION has about 1,461 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:REGIONAL MEDICAL CTR HOPKINS CO EMP FEDERAL CREDIT UNION
Address:
(Main Office)
200 Clinic Dr
MADISONVILLE, KY 42431
Phone:(270) 326-6100
Fax:(270) 326-6105
Website:https://www.rmcefcu.virtualcu.net
Branches:1 branch locations
Members:1,461
Credit Union Type:Federal Credit Union
Charter Number:21126
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1972
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$8,965,801
CEO/Manager:Shelley Pennington
Chairperson:William McCann

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 210,676
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 150,609
 Unsecured Loans 273,618
 Other Loans 4,996,161
 TOTAL LOANS 5,420,388
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,000
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 89,187
 All Other Assets 0
  TOTAL ASSETS 8,965,801
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 10,101
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 542,917
 Regular shares 6,919,263
 All Other Shares & Deposits 543,430
  TOTAL SHARES & DEPOSITS 8,005,611
  TOTAL LIABILITIES 8,015,712
 Regular Reserve 0
 Other Reserves 90,098
 Undivided Earnings 859,991
  TOTAL EQUITY 950,089
  TOTAL LIABILITIES, SHARES, & EQUITY 8,965,801
INCOME & EXPENSE  
 Loan Income 285,869
 Investment Income 70,429
 Other Income 25,255
 Total Employee Compensation & Benefits 189,070
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 105,551
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -3,152
 Cost of Funds 20,434
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 69,967
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