Credit Unions Near Me
National Credit Union Service Organization

FAYETTE FEDERAL CREDIT UNION

Mar, 31, 2021 — FAYETTE FEDERAL CREDIT UNION is a federal credit union headquartered in MOUNT HOPE, WV with 1 branch location and about $8.90 million in total assets. Opened 63 years ago in 1958, FAYETTE FEDERAL CREDIT UNION has about 819 members 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 25880-0106
Phone:(304) 877-5404
Fax:(304) 877-3002
Website:http://fayettefcu.virtualcu.net
Branches:1 branch locations
Members:819
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:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$8,900,691
CEO/Manager:Gail L Morgan
Chairperson:Joseph Robertson

Call Report

  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,069,473
TOTAL INVESTMENTS 4,752,581
Loans Held for Sale 0
 
 Real Estate Loans 45,427
 Unsecured Loans 234,703
 Other Loans 2,614,895
 TOTAL LOANS 2,895,025
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -25,226
 Land And Building 115,311
 Other Fixed Assets 9,716
 NCUSIF Deposit 65,423
 All Other Assets 18,388
  TOTAL ASSETS 8,900,691
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,650
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 95,979
 Regular shares 6,515,670
 All Other Shares & Deposits 504,866
  TOTAL SHARES & DEPOSITS 7,116,515
  TOTAL LIABILITIES 7,123,165
 Regular Reserve 233,932
 Other Reserves 0
 Undivided Earnings 1,543,594
  TOTAL EQUITY 1,777,526
  TOTAL LIABILITIES, SHARES, & EQUITY 8,900,691
INCOME & EXPENSE  
 Loan Income 34,731
 Investment Income 24,497
 Other Income 459
 Total Employee Compensation & Benefits 23,340
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 28,697
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 900
 Cost of Funds 3,102
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,407
↑ Back to Top

Other Credit Unions

W. VIRGINIA STATE CONVENTION CREDIT UNION
PO Box 253
HILLTOP, WV 25855
MCDOWELL COUNTY FEDERAL CREDIT UNION
148 McDowell St
WELCH, WV 24801
ALDERSON FCI FEDERAL CREDIT UNION
P. O. Box A
ALDERSON, WV 24910
LOCAL NO. 317 I.A.F.F. CREDIT UNION
PO Box 3736
CHARLESTON, WV 25337
RALEIGH COUNTY FEDERAL CREDIT UNION
200 VETERANS AVE
BECKLEY, WV 25801
TELBEC FEDERAL CREDIT UNION
3695 Robert C Byrd Dr
BECKLEY, WV 25801-9069
RALEIGH CO. EDUCATORS FEDERAL CREDIT UNION
105 ADAIR ST
BECKLEY, WV 25801-3733
ALLOY FEDERAL CREDIT UNION
PO Box 323
ALLOY, WV 25002
ELEMENT FEDERAL CREDIT UNION
3418 MACCORKLE AVE SE
CHARLESTON, WV 25304
WV NATIONAL GUARD FEDERAL CREDIT UNION
1512 COONSKIN DRIVE
CHARLESTON, WV 25311