WHETELCO FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — WHETELCO FEDERAL CREDIT UNION is a federal credit union headquartered in WHEELING, WV with 1 branch location and about $2.70 million in total assets. Opened 64 years ago in 1960, WHETELCO FEDERAL CREDIT UNION has about 393 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | WHETELCO FEDERAL CREDIT UNION |
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Address: (Main Office) | 54 14TH ST, BASEMENT WHEELING, WV 26003-3431 |
Phone: | (304) 232-8123 |
Fax: | (304) 232-6550 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 393 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13990 |
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Membership Type: | Service - Communications and Utilities |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Jul 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,702,846 |
CEO/Manager: | Lynne Teets |
Chairperson: | Joseph P Pockl |
ASSETS: | $ Amount |
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Cash & Equivalents | 752,418 |
TOTAL INVESTMENTS | 1,333,126 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 114,318 |
Other Loans | 483,331 |
TOTAL LOANS | 597,649 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,994 |
Land And Building | 0 |
Other Fixed Assets | 5,253 |
NCUSIF Deposit | 15,987 |
All Other Assets | 5,407 |
TOTAL ASSETS | 2,702,846 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 760 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,158,670 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,158,670 |
TOTAL LIABILITIES | 1,159,430 |
Regular Reserve | 379,500 |
Other Reserves | 275,000 |
Undivided Earnings | 888,916 |
TOTAL EQUITY | 1,543,416 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,702,846 |
INCOME & EXPENSE | |
Loan Income | 27,802 |
Investment Income | 26,938 |
Other Income | 6,915 |
Total Employee Compensation & Benefits | 21,515 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 32,083 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 1,099 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 6,958 |
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