Sep, 30, 2025 — FAYETTE FEDERAL CREDIT UNION is a federal credit union headquartered in MOUNT HOPE, WV with 1 branch location and about $8.71 million in total assets. Opened 68 years ago in 1958, FAYETTE FEDERAL CREDIT UNION has about 774 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FAYETTE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 6058 ROBERT C BYRD DR MOUNT HOPE, WV 25880 |
| Phone: | (304) 877-5404 |
| Fax: | (304) 877-3002 |
| Website: | https://www.fayettefcu.virtualcu.ne |
| Branches: | 1 branch locations |
| Members: | 774 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12310 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,706,061 |
| CEO/Manager: | Gail L Morgan |
| Chairperson: | Joseph Robertson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 908,434 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 83,198 |
| Unsecured Loans | 429,473 |
| Other Loans | 3,314,258 |
| TOTAL LOANS | 3,826,929 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -22,365 |
| Land And Building | 97,352 |
| Other Fixed Assets | 7,259 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 68,801 |
| All Other Assets | 0 |
| TOTAL ASSETS | 8,706,061 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 17,829 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 178,016 |
| Regular shares | 5,050,340 |
| All Other Shares & Deposits | 1,465,640 |
| TOTAL SHARES & DEPOSITS | 6,693,995 |
| TOTAL LIABILITIES | 6,711,824 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,994,237 |
| TOTAL EQUITY | 1,994,237 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,706,061 |
| INCOME & EXPENSE | |
| Loan Income | 227,896 |
| Investment Income | 61,363 |
| Other Income | 15,748 |
| Total Employee Compensation & Benefits | 99,296 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 115,539 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,672 |
| Cost of Funds | 36,762 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 57,368 |
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