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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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