Group Health Credit Union:

Group Health Credit Union was chartered in 1948 and its charter number is 66349. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. Group Health Credit Union's address registered with the NCUA is PO BOX 19340, SEATTLE, WA 98109-1340 As of 11/29/06 Group Health CU reported $233,995,586 in assets. The credit union currenly has 28,585 members. It's Manager/CEO is Joseph W. Veneziana. The credit unions website is www.ghcu.org. Group Health Credit Union is a member of the California Credit Union League .

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Group Health Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $235,040,350.00
Total Loans: $156,457,007.00
Net Worth Ratio: 10.31
% Share Growth: -2.3
% Loan Growth: 7
Loans/Assets Ratio: 66.56
Loans/Assets Ratio: 30.51
Numbers of Members: 29,533
Number of Full-time Employees: 94.5 		 
As of December 31, 2005
Total Assets: $232,741,184.00
Total Loans: $171,872,670.00
Net Worth Ratio: 11.16
% Share Growth: -1.82
% Loan Growth: 9.85
Loans/Assets Ratio: 73.84
Loans/Assets Ratio: 23.05
Numbers of Members: 28797
Number of Full-time Employees: 93 		 
As of December 31, 2006
Total Assets: $239,613,330.00
Total Loans: $160,679,460.00
Net Worth Ratio: 12.58
% Share Growth: -2.76
% Loan Growth: -6.51
Loans/Assets Ratio: 67.05
Loans/Assets Ratio: 29.55
Numbers of Members: 28,377
Number of Full-time Employees: 93 		 
 
 
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Credit Union News:

Trial targets alleged theft, cover-up at credit union
The Republican - Feb 8, 2008
SPRINGFIELD - The former top officer of an urban credit union siphoned $178,000 from members' accounts to cover negative balances in her and her husband's accounts, according to testimony in a federal embezzlement trial.

Full Story: http://www.masslive.com/news/republican/index.ssf?/base/news-2/1202462108136670.xml&coll=1

CommunityAmerica merges, plans future organic growth
BizJournals - Feb 17, 2008
Dean Katerndahl of the Mid-America Regional Council couldn't find a financing partner for a MARC-sponsored home remodeling program until he called CommunityAmerica Credit Union.

Full Story: http://www.bizjournals.com/kansascity/stories/2008/02/18/focus2.html?ana=from_rss

MCT Credit Union holding vote on changing deposit insurer
Port Arthur News - Feb 2, 2008
MCT Credit Union has proposed changing from the National Credit Union Administration, an independent federal agency that charters and supervises federal credit unions, to American Share Insurance. ASI is out of Ohio and is a private insurance company that provides primary and excess share, or deposit, insurance exclusively to credit unions.

Full Story: http://www.panews.com/local/local_story_033225133.html

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