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.
Name: | HEALTHSHARE CREDIT UNION |
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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 |
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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 |
ASSETS: | $ Amount |
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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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