Dec, 31, 2020 — TRI AG W VA FEDERAL CREDIT UNION is a federal credit union headquartered in MORGANTOWN, WV with 2 branch locations and about $11.04 million in total assets. Opened 62 years ago in 1959, TRI AG W VA FEDERAL CREDIT UNION has about 2,277 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: | TRI AG W VA FEDERAL CREDIT UNION |
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Address: (Main Office) | 1550 EARL L CORE RD STE 100 MORGANTOWN, WV 26505-5920 |
Phone: | (304) 292-3798 |
Fax: | (304) 291-3264 |
Website: | http://www.triagwvfcu.com |
Branches: | 2 branch locations |
Members: | 2,277 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 12853 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Jan 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $11,042,962 |
CEO/Manager: | CAROL SUMMERS |
Chairperson: | DOUG HARMAN |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,239,534 |
TOTAL INVESTMENTS | 849,679 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,197,653 |
Unsecured Loans | 487,270 |
Other Loans | 4,181,457 |
TOTAL LOANS | 6,866,380 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -74,577 |
Land And Building | 0 |
Other Fixed Assets | 37,580 |
NCUSIF Deposit | 98,642 |
All Other Assets | 25,724 |
TOTAL ASSETS | 11,042,962 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 162 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 38,835 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,949,442 |
Regular shares | 6,186,887 |
All Other Shares & Deposits | 2,449,656 |
TOTAL SHARES & DEPOSITS | 10,585,985 |
TOTAL LIABILITIES | 10,624,982 |
Regular Reserve | 382,739 |
Other Reserves | 0 |
Undivided Earnings | 35,241 |
TOTAL EQUITY | 417,980 |
TOTAL LIABILITIES, SHARES, & EQUITY | 11,042,962 |
INCOME & EXPENSE | |
Loan Income | 395,079 |
Investment Income | 6,279 |
Other Income | 137,654 |
Total Employee Compensation & Benefits | 175,868 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 357,629 |
Non-operating Income & (Expense) | 2,632 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 46,944 |
Cost of Funds | 63,519 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -102,316 |
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