Dec, 31, 2020 — CITY OF CLARKSBURG FEDERAL CREDIT UNION is a federal credit union headquartered in CLARKSBURG, WV with 1 branch location and about $11.26 million in total assets. Opened 61 years ago in 1960, CITY OF CLARKSBURG FEDERAL CREDIT UNION has about 975 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CITY OF CLARKSBURG FEDERAL CREDIT UNION |
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Address: (Main Office) | 101 S 4TH ST CLARKSBURG, WV 26301 |
Phone: | (304) 624-1678 |
Fax: | (304) 624-0984 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 975 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13426 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Jan 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $11,263,552 |
CEO/Manager: | CAROLE ARNETT |
Chairperson: | RANDY WAUGAMAN |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,801,361 |
TOTAL INVESTMENTS | 1,488,351 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 563,952 |
Other Loans | 4,689,725 |
TOTAL LOANS | 5,253,677 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -81,247 |
Land And Building | 695,122 |
Other Fixed Assets | 5,597 |
NCUSIF Deposit | 91,875 |
All Other Assets | 8,816 |
TOTAL ASSETS | 11,263,552 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 5,237 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 7,002,998 |
All Other Shares & Deposits | 2,994,952 |
TOTAL SHARES & DEPOSITS | 9,997,950 |
TOTAL LIABILITIES | 10,003,187 |
Regular Reserve | 201,458 |
Other Reserves | 0 |
Undivided Earnings | 1,058,907 |
TOTAL EQUITY | 1,260,365 |
TOTAL LIABILITIES, SHARES, & EQUITY | 11,263,552 |
INCOME & EXPENSE | |
Loan Income | 316,126 |
Investment Income | 20,404 |
Other Income | 3,446 |
Total Employee Compensation & Benefits | 134,502 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 94,563 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 154,798 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -43,887 |
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