Dec, 31, 2023 — W. VIRGINIA STATE CONVENTION CREDIT UNION is a federally insured state chartered credit union headquartered in HILLTOP, WV with 1 branch location and about $370,237 in total assets. Opened 40 years ago in 1984, W. VIRGINIA STATE CONVENTION CREDIT UNION has about 187 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: | W. VIRGINIA STATE CONVENTION CREDIT UNION |
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Address: (Main Office) | PO Box 283 HILLTOP, WV 25855 |
Phone: | (304) 469-3737 |
Fax: | (304) 469-3333 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 187 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68112 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1984 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $370,237 |
CEO/Manager: | Frances Jackson |
Chairperson: | Herman James |
ASSETS: | $ Amount |
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Cash & Equivalents | 58,867 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 27,147 |
Other Loans | 33,192 |
TOTAL LOANS | 60,339 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,509 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 2,848 |
All Other Assets | 0 |
TOTAL ASSETS | 370,237 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,000 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 342,930 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 342,930 |
TOTAL LIABILITIES | 343,930 |
Regular Reserve | 0 |
Other Reserves | 15,776 |
Undivided Earnings | 10,531 |
TOTAL EQUITY | 26,307 |
TOTAL LIABILITIES, SHARES, & EQUITY | 370,237 |
INCOME & EXPENSE | |
Loan Income | 5,008 |
Investment Income | 7,244 |
Other Income | 1,760 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 9,091 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 1,316 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,605 |
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