Sep, 30, 2025 — POLY SCIENTIFIC EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BLACKSBURG, VA with 1 branch location and about $5.56 million in total assets. Opened 66 years ago in 1960, POLY SCIENTIFIC EMPLOYEES FEDERAL CREDIT UNION has about 696 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | POLY SCIENTIFIC EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1213 N Main St BLACKSBURG, VA 24060 |
| Phone: | (540) 443-4140 |
| Fax: | (540) 953-7482 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 696 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13544 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,561,490 |
| CEO/Manager: | Michael Blankenship |
| Chairperson: | Christina Davis |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 260,916 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 20,175 |
| Unsecured Loans | 521,094 |
| Other Loans | 2,705,172 |
| TOTAL LOANS | 3,246,441 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -56,169 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 43,845 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,561,490 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,151,775 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 4,151,775 |
| TOTAL LIABILITIES | 4,151,775 |
| Regular Reserve | 0 |
| Other Reserves | 390,852 |
| Undivided Earnings | 1,018,863 |
| TOTAL EQUITY | 1,409,715 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,561,490 |
| INCOME & EXPENSE | |
| Loan Income | 142,252 |
| Investment Income | 68,520 |
| Other Income | 20 |
| Total Employee Compensation & Benefits | 79,058 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 37,575 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 56,000 |
| Cost of Funds | 42,610 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -4,451 |
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