Overview / Commentary
Broward HealthCare Federal Credit Union is headquartered in FORT LAUDERDALE and is the 74th largest credit union in the state of Florida. It is also the 1,953rd largest credit union in the nation. It was established in 1957 and as of December of 2019, it had grown to 19 employees and 9,038 members at 6 locations. Broward HealthCare Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Broward HealthCare Federal Credit Union is open to employees of the Broward Health Hospitals, Medical Centers, All Broward Health District Facilities, employees of Broward County, The Sun Sentinel, Tribune Publishing, and other select groups.
See current membership details
Health
B+
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Broward HealthCare Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 11746 |
| Year Chartered | 1957 |
| Employees | 19 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.95% |
| Return on Equity - YTD | 7.89% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $72.0MM$72.1MM |
| Loans | Q4 2019vs Q4 2018 | $28.9MM$27.6MM |
| Deposits | Q4 2019vs Q4 2018 | $62.7MM$64.3MM |
| Equity Capital | Q4 2019vs Q4 2018 | $8.7MM$7.1MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $428.00K$392.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $8.00K$35.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |