NOVAMONT EMP. FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — NOVAMONT EMP. FEDERAL CREDIT UNION is a federal credit union headquartered in KENOVA, WV with 1 branch location and about $1.24 million in total assets. Opened 47 years ago in 1977, NOVAMONT EMP. FEDERAL CREDIT UNION has about 109 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NOVAMONT EMP. FEDERAL CREDIT UNION |
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Address: (Main Office) | 200 BIG SANDY RIVER RD KENOVA, WV 25530-1891 |
Phone: | (304) 453-5935 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 109 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22697 |
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Membership Type: | Manufacturing - Chemicals |
Corporate Credit Union: | No |
Year Opened: | 1977 |
Last Audited: | Jun 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,241,202 |
CEO/Manager: | Denise I Harris |
Chairperson: | Monica B Smith |
ASSETS: | $ Amount |
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Cash & Equivalents | 382,162 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 31,245 |
Other Loans | 847,120 |
TOTAL LOANS | 878,365 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -33,900 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 11,076 |
All Other Assets | 0 |
TOTAL ASSETS | 1,241,202 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,232 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 991,489 |
All Other Shares & Deposits | 53,098 |
TOTAL SHARES & DEPOSITS | 1,044,587 |
TOTAL LIABILITIES | 1,048,819 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 192,383 |
TOTAL EQUITY | 192,383 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,241,202 |
INCOME & EXPENSE | |
Loan Income | 20,071 |
Investment Income | 3,160 |
Other Income | 460 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 9,831 |
Non-operating Income & (Expense) | 361 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 800 |
Cost of Funds | 9,596 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,825 |
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