Dec, 31, 2023 — IBEW 317 FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 1 branch location and about $29.00 million in total assets. Opened 64 years ago in 1960, IBEW 317 FEDERAL CREDIT UNION has about 1,313 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | IBEW 317 FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 1848 Madison Ave Ste B HUNTINGTON, WV 25704 |
Phone: | (304) 522-4871 |
Fax: | (304) 781-2656 |
Website: | https://ibew317fcu.com |
Branches: | 1 branch locations |
Members: | 1,313 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14030 |
---|---|
Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $29,003,022 |
CEO/Manager: | Codi E Day |
Chairperson: | Ryan Adkins |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,455,479 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 5,695,509 |
Unsecured Loans | 773,118 |
Other Loans | 5,417,000 |
TOTAL LOANS | 12,336,001 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -448,520 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 253,751 |
All Other Assets | 0 |
TOTAL ASSETS | 29,003,022 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 35,496 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,629,534 |
Regular shares | 10,795,975 |
All Other Shares & Deposits | 13,733,149 |
TOTAL SHARES & DEPOSITS | 26,158,658 |
TOTAL LIABILITIES | 26,194,154 |
Regular Reserve | 0 |
Other Reserves | 560,000 |
Undivided Earnings | 2,248,868 |
TOTAL EQUITY | 2,808,868 |
TOTAL LIABILITIES, SHARES, & EQUITY | 29,003,022 |
INCOME & EXPENSE | |
Loan Income | 572,370 |
Investment Income | 357,000 |
Other Income | 26,677 |
Total Employee Compensation & Benefits | 248,218 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 206,247 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,354 |
Cost of Funds | 290,481 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 193,747 |
↑ Back to Top |