Dec, 31, 2023 — IBEW 141 FEDERAL CREDIT UNION is a federal credit union headquartered in WHEELING, WV with 1 branch location and about $1.38 million in total assets. Opened 63 years ago in 1961, IBEW 141 FEDERAL CREDIT UNION has about 344 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | IBEW 141 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 110 Wilkinson Dr WHEELING, WV 26003 |
| Phone: | (304) 277-3136 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 344 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14712 |
|---|---|
| Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,382,917 |
| CEO/Manager: | Kirt LeVelle |
| Chairperson: | James Lemasters |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 59,039 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 85,654 |
| Other Loans | 649,712 |
| TOTAL LOANS | 735,365 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -46,520 |
| Land And Building | 0 |
| Other Fixed Assets | 3,803 |
| NCUSIF Deposit | 13,077 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,382,917 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,034 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,140,878 |
| All Other Shares & Deposits | 2,935 |
| TOTAL SHARES & DEPOSITS | 1,143,812 |
| TOTAL LIABILITIES | 1,145,846 |
| Regular Reserve | 0 |
| Other Reserves | 56,398 |
| Undivided Earnings | 180,673 |
| TOTAL EQUITY | 237,071 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,382,917 |
| INCOME & EXPENSE | |
| Loan Income | 36,759 |
| Investment Income | 22,923 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 34,950 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 21,768 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 2,032 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 932 |
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» See also Statement of Financial Condition