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WEE FEDERAL CREDIT UNION

Sep, 30, 2025 — WEE FEDERAL CREDIT UNION is a federal credit union headquartered in PARKERSBURG, WV with 1 branch location and about $25.81 million in total assets. Opened 65 years ago in 1961, WEE FEDERAL CREDIT UNION has about 1,778 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:WEE FEDERAL CREDIT UNION
Address:
(Main Office)
3312 Dudley Ave
PARKERSBURG, WV 26104-1812
Phone:(304) 420-9517
Fax:(304) 420-9530
Website:https://www.weefederal.org
Branches:1 branch locations
Members:1,778
Credit Union Type:Federal Credit Union
Charter Number:14257
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1961
Last Audited:Oct 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$25,808,891
CEO/Manager:Todd M McGinnis
Chairperson:Alan Boyd

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,446,968
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,418,078
 Unsecured Loans 1,159,055
 Other Loans 3,557,110
 TOTAL LOANS 9,134,243
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -58,400
 Land And Building 467,129
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 216,619
 All Other Assets 0
  TOTAL ASSETS 25,808,891
LIABILITIES & CAPITAL:  
 Dividends Payable 212,590
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 45,159
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,732,998
 Regular shares 10,631,240
 All Other Shares & Deposits 8,505,920
  TOTAL SHARES & DEPOSITS 21,870,158
  TOTAL LIABILITIES 22,127,907
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,680,984
  TOTAL EQUITY 3,680,984
  TOTAL LIABILITIES, SHARES, & EQUITY 25,808,891
INCOME & EXPENSE  
 Loan Income 468,890
 Investment Income 482,306
 Other Income 96,903
 Total Employee Compensation & Benefits 280,638
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 202,826
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 299
 Cost of Funds 346,244
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 218,092
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