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National Credit Union Service Organization

HEALTHSHARE CREDIT UNION

Dec, 31, 2023 — HEALTHSHARE CREDIT UNION is a federally insured state chartered credit union headquartered in GREENSBORO, NC with 3 branch locations and about $51.54 million in total assets. Opened 69 years ago in 1955, HEALTHSHARE CREDIT UNION has about 5,847 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 253176037
Name:HEALTHSHARE CREDIT UNION
Address:
(Main Office)
HealthShare Credit Union
GREENSBORO, NC 27401
Phone:(336) 832-8119
Fax:(336) 832-8129
Website:https://www.healthsharecu.org
Branches:3 branch locations
Members:5,847
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66317
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1955
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$51,539,307
CEO/Manager:Genice DeCorte
Chairperson:Keith Ross

Call Report

  • Credit Builder
  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,979,553
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 25,469,680
 Unsecured Loans 2,477,469
 Other Loans 13,796,330
 TOTAL LOANS 41,743,479
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -306,035
 Land And Building 0
 Other Fixed Assets 429,536
 NCUSIF Deposit 401,101
 All Other Assets 0
  TOTAL ASSETS 51,539,307
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 6,200,000
 Accounts Payable & Other Liabilities 744,377
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,766,466
 Regular shares 12,026,708
 All Other Shares & Deposits 20,116,051
  TOTAL SHARES & DEPOSITS 38,909,225
  TOTAL LIABILITIES 45,858,739
 Regular Reserve 0
 Other Reserves 604,445
 Undivided Earnings 5,076,123
  TOTAL EQUITY 5,680,568
  TOTAL LIABILITIES, SHARES, & EQUITY 51,539,307
INCOME & EXPENSE  
 Loan Income 2,207,335
 Investment Income 125,163
 Other Income 479,114
 Total Employee Compensation & Benefits 1,153,523
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,029,966
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 61,258
 Cost of Funds 366,057
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 377,495
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