Mar, 31, 2022 — KEMBA CHARLESTON FEDERAL CREDIT UNION is a federal credit union headquartered in DUNBAR, WV with 1 branch location and about $45.68 million in total assets. Opened 87 years ago in 1935, KEMBA CHARLESTON FEDERAL CREDIT UNION has about 4,011 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | KEMBA CHARLESTON FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1830 Roxalana Rd DUNBAR, WV 25064-2705 |
| Phone: | (304) 768-5700 |
| Fax: | (304) 768-5899 |
| Website: | http://kembacharlestonfcu.org |
| Branches: | 1 branch locations |
| Members: | 4,011 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 108 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Feb 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $45,675,159 |
| CEO/Manager: | Joetta S Heck |
| Chairperson: | Roy Combs |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,538,152 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,048,667 |
| Unsecured Loans | 755,626 |
| Other Loans | 10,886,916 |
| TOTAL LOANS | 14,691,209 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -209,453 |
| Land And Building | 595,645 |
| Other Fixed Assets | 36,780 |
| NCUSIF Deposit | 316,710 |
| All Other Assets | 0 |
| TOTAL ASSETS | 45,675,159 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 160,392 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 283,819 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,646,506 |
| Regular shares | 14,002,399 |
| All Other Shares & Deposits | 18,218,484 |
| TOTAL SHARES & DEPOSITS | 36,867,389 |
| TOTAL LIABILITIES | 37,311,600 |
| Regular Reserve | 0 |
| Other Reserves | 815,310 |
| Undivided Earnings | 7,548,249 |
| TOTAL EQUITY | 8,363,559 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 45,675,159 |
| INCOME & EXPENSE | |
| Loan Income | 180,582 |
| Investment Income | 102,781 |
| Other Income | 15,028 |
| Total Employee Compensation & Benefits | 161,650 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 131,712 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,500 |
| Cost of Funds | 21,060 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -15,816 |
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