Dec, 31, 2023 — IBEW 141 FEDERAL CREDIT UNION is a federal credit union headquartered in WHEELING, WV with 1 branch location and about $1.38 million in total assets. Opened 63 years ago in 1961, IBEW 141 FEDERAL CREDIT UNION has about 344 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | IBEW 141 FEDERAL CREDIT UNION |
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Address: (Main Office) | 110 Wilkinson Dr WHEELING, WV 26003 |
Phone: | (304) 277-3136 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 344 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14712 |
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Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1961 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,382,917 |
CEO/Manager: | Kirt LeVelle |
Chairperson: | James Lemasters |
ASSETS: | $ Amount |
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Cash & Equivalents | 59,039 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 85,654 |
Other Loans | 649,712 |
TOTAL LOANS | 735,365 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -46,520 |
Land And Building | 0 |
Other Fixed Assets | 3,803 |
NCUSIF Deposit | 13,077 |
All Other Assets | 0 |
TOTAL ASSETS | 1,382,917 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,034 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,140,878 |
All Other Shares & Deposits | 2,935 |
TOTAL SHARES & DEPOSITS | 1,143,812 |
TOTAL LIABILITIES | 1,145,846 |
Regular Reserve | 0 |
Other Reserves | 56,398 |
Undivided Earnings | 180,673 |
TOTAL EQUITY | 237,071 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,382,917 |
INCOME & EXPENSE | |
Loan Income | 36,759 |
Investment Income | 22,923 |
Other Income | 0 |
Total Employee Compensation & Benefits | 34,950 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 21,768 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 2,032 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 932 |
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