Mar, 31, 2021 — TRI AG W VA FEDERAL CREDIT UNION is a federal credit union headquartered in MORGANTOWN, WV with 2 branch locations and about $11.37 million in total assets. Opened 62 years ago in 1959, TRI AG W VA FEDERAL CREDIT UNION has about 2,270 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: | 2,270 |
| 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: | $11,365,184 |
| CEO/Manager: | CAROL SUMMERS |
| Chairperson: | DOUG HARMAN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,729,827 |
| TOTAL INVESTMENTS | 349,679 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,998,057 |
| Unsecured Loans | 449,224 |
| Other Loans | 3,750,393 |
| TOTAL LOANS | 6,197,674 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -67,185 |
| Land And Building | 0 |
| Other Fixed Assets | 30,941 |
| NCUSIF Deposit | 98,642 |
| All Other Assets | 25,606 |
| TOTAL ASSETS | 11,365,184 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 161 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 34,519 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,025,921 |
| Regular shares | 6,403,221 |
| All Other Shares & Deposits | 2,498,761 |
| TOTAL SHARES & DEPOSITS | 10,927,903 |
| TOTAL LIABILITIES | 10,962,583 |
| Regular Reserve | 382,739 |
| Other Reserves | 0 |
| Undivided Earnings | 19,862 |
| TOTAL EQUITY | 402,601 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 11,365,184 |
| INCOME & EXPENSE | |
| Loan Income | 81,843 |
| Investment Income | 239 |
| Other Income | 12,990 |
| Total Employee Compensation & Benefits | 32,413 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 89,879 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -9,084 |
| Cost of Funds | 15,407 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -15,380 |
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