Dec, 31, 2023 — RALEIGH COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in BECKLEY, WV with 1 branch location and about $18.68 million in total assets. Opened 72 years ago in 1952, RALEIGH COUNTY FEDERAL CREDIT UNION has about 2,024 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | RALEIGH COUNTY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 200 Veterans Ave BECKLEY, WV 25801 |
Phone: | (304) 253-6279 |
Fax: | (304) 253-6290 |
Website: | https://www.raleighcountyfcu.com |
Branches: | 1 branch locations |
Members: | 2,024 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7790 |
---|---|
Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $18,675,522 |
CEO/Manager: | DONNA R KAUFF |
Chairperson: | Sheila Zeto |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 652,406 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,383,590 |
Other Loans | 14,375,515 |
TOTAL LOANS | 15,759,105 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -74,839 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 146,361 |
All Other Assets | 0 |
TOTAL ASSETS | 18,675,522 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 27,502 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 50,733 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,601,381 |
Regular shares | 8,347,512 |
All Other Shares & Deposits | 5,280,402 |
TOTAL SHARES & DEPOSITS | 16,229,295 |
TOTAL LIABILITIES | 16,307,530 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,367,992 |
TOTAL EQUITY | 2,367,992 |
TOTAL LIABILITIES, SHARES, & EQUITY | 18,675,522 |
INCOME & EXPENSE | |
Loan Income | 912,003 |
Investment Income | 50,839 |
Other Income | 153,126 |
Total Employee Compensation & Benefits | 585,159 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 262,414 |
Non-operating Income & (Expense) | 8,430 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,500 |
Cost of Funds | 155,523 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 119,802 |
↑ Back to Top |