WAYCOSE FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.waycosefcu.com for more information.
Dec, 31, 2023 — WAYCOSE FEDERAL CREDIT UNION is a federal credit union headquartered in Huntington, WV with 1 branch location and about $3.33 million in total assets. Opened 42 years ago in 1982, WAYCOSE FEDERAL CREDIT UNION has about 1,008 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: | WAYCOSE FEDERAL CREDIT UNION |
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Address: (Main Office) | 1012 Thornburg St Huntington, WV 25701-3018 |
Phone: | (304) 429-1213 |
Fax: | (304) 429-5998 |
Website: | https://www.waycosefcu.com |
Branches: | 1 branch locations |
Members: | 1,008 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24792 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1982 |
Last Audited: | May 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,333,979 |
CEO/Manager: | Tracy L Foster |
Chairperson: | Phil Alexander |
ASSETS: | $ Amount |
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Cash & Equivalents | 127,772 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 636,705 |
Other Loans | 1,527,100 |
TOTAL LOANS | 2,163,805 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -21,718 |
Land And Building | 52 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 31,477 |
All Other Assets | 0 |
TOTAL ASSETS | 3,333,979 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4,363 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 368 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 208,491 |
Regular shares | 2,601,313 |
All Other Shares & Deposits | 24,776 |
TOTAL SHARES & DEPOSITS | 2,834,580 |
TOTAL LIABILITIES | 2,839,311 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 494,668 |
TOTAL EQUITY | 494,668 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,333,979 |
INCOME & EXPENSE | |
Loan Income | 110,883 |
Investment Income | 7,840 |
Other Income | 2,274 |
Total Employee Compensation & Benefits | 44,500 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 52,538 |
Non-operating Income & (Expense) | 1,209 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,000 |
Cost of Funds | 9,996 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 6,172 |
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