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TRI AG W VA FEDERAL CREDIT UNION

Dec, 31, 2021 — TRI AG W VA FEDERAL CREDIT UNION is a federal credit union headquartered in MORGANTOWN, WV with 2 branch locations and about $9.58 million in total assets. Opened 63 years ago in 1959, TRI AG W VA FEDERAL CREDIT UNION has about 2,242 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:2,242
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:$9,584,283
CEO/Manager:CAROL SUMMERS
Chairperson:DOUG HARMAN

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,904,077
TOTAL INVESTMENTS 349,679
Loans Held for Sale 0
 
 Real Estate Loans 1,830,738
 Unsecured Loans 429,052
 Other Loans 3,033,914
 TOTAL LOANS 5,293,704
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -102,947
 Land And Building 0
 Other Fixed Assets 22,964
 NCUSIF Deposit 105,859
 All Other Assets 10,947
  TOTAL ASSETS 9,584,283
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,539
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,827,267
 Regular shares 5,704,802
 All Other Shares & Deposits 1,875,019
  TOTAL SHARES & DEPOSITS 9,407,088
  TOTAL LIABILITIES 9,421,627
 Regular Reserve 382,739
 Other Reserves 0
 Undivided Earnings -220,083
  TOTAL EQUITY 162,656
  TOTAL LIABILITIES, SHARES, & EQUITY 9,584,283
INCOME & EXPENSE  
 Loan Income 219,651
 Investment Income 940
 Other Income 37,876
 Total Employee Compensation & Benefits 99,877
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 302,713
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 124,066
 Cost of Funds 42,531
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -255,324
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