Credit Unions Near Me
National Credit Union Service Organization

RAVENSWOOD FEDERAL CREDIT UNION

Dec, 31, 2020 — RAVENSWOOD FEDERAL CREDIT UNION is a federal credit union headquartered in RAVENSWOOD, WV with 3 branch locations and about $38.32 million in total assets. Opened 62 years ago in 1959, RAVENSWOOD FEDERAL CREDIT UNION has about 5,237 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 251579403
Name:RAVENSWOOD FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 67
RAVENSWOOD, WV 26164
Phone:(304) 273-0515
Fax:(304) 273-0518
Website:http://www.rfcu.net
Branches:3 branch locations
Members:5,237
Credit Union Type:Federal Credit Union
Charter Number:13321
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1959
Last Audited:Oct 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$38,320,936
CEO/Manager:Melissa Casto
Chairperson:Richard Massey

Call Report

  • Overdraft Protection
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,619,232
TOTAL INVESTMENTS 16,920,025
Loans Held for Sale 0
 
 Real Estate Loans 1,404,950
 Unsecured Loans 4,569,631
 Other Loans 10,785,265
 TOTAL LOANS 16,759,846
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -164,802
 Land And Building 1,736,150
 Other Fixed Assets 24,940
 NCUSIF Deposit 300,402
 All Other Assets 125,143
  TOTAL ASSETS 38,320,936
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 395,700
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,765,537
 Regular shares 22,539,204
 All Other Shares & Deposits 4,027,598
  TOTAL SHARES & DEPOSITS 34,332,339
  TOTAL LIABILITIES 34,728,039
 Regular Reserve 914,116
 Other Reserves -511,299
 Undivided Earnings 3,190,080
  TOTAL EQUITY 3,592,897
  TOTAL LIABILITIES, SHARES, & EQUITY 38,320,936
INCOME & EXPENSE  
 Loan Income 941,279
 Investment Income 364,561
 Other Income 377,785
 Total Employee Compensation & Benefits 852,268
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 612,299
 Non-operating Income & (Expense) 20,264
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 73,079
 Cost of Funds 62,123
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 104,120
↑ Back to Top

Other Credit Unions

C C M H FEDERAL CREDIT UNION
801 Ann St
PARKERSBURG, WV 26101
TWIN OAKS FEDERAL CREDIT UNION
PO Box 70
APPLE GROVE, WV 25502
WILLOW ISLAND FEDERAL CREDIT UNION
7910 S Pleasants Highway
SAINT MARYS, WV 26170
MOUNTAIN HERITAGE FEDERAL CREDIT UNION
1822 7TH ST
PARKERSBURG, WV 26101
WEE FEDERAL CREDIT UNION
3312 DUDLEY AVE
PARKERSBURG, WV 26104-1812
UNION TRADES FEDERAL CREDIT UNION
P.O. Box 1682
PARKERSBURG, WV 26102
PUTNAM SCHOOL EMPLOYEES FEDERAL CREDIT UNION
PO BOX 424
ELEANOR, WV 25070
KEMBA CHARLESTON FEDERAL CREDIT UNION
1830 Roxalana Road
DUNBAR, WV 25064-2705
SOUTH CHARLESTON EMPLOYEES FEDERAL CREDIT UNION
515 3rd Ave Ste 200
SOUTH CHARLESTO, WV 25303
ONE COMMUNITY FEDERAL CREDIT UNION
531 5th St
PARKERSBURG, WV 26101