ST. MATTHEWS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.stmatthewsfcu.com for more information.
Jun, 30, 2024 — ST. MATTHEWS FEDERAL CREDIT UNION is a federal credit union headquartered in VIRGINIA BEACH, VA with 1 branch location and about $5.37 million in total assets. Opened 63 years ago in 1961, ST. MATTHEWS FEDERAL CREDIT UNION has about 443 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ST. MATTHEWS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 6477 COLLEGE PARK SQUARE SUITE 200 VIRGINIA BEACH, VA 23464-3611 |
| Phone: | (757) 424-5967 |
| Fax: | (757) 424-2042 |
| Website: | https://www.stmatthewsfcu.com |
| Branches: | 1 branch locations |
| Members: | 443 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14745 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Mar 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,370,637 |
| CEO/Manager: | JoAnne Siebels-Breen |
| Chairperson: | Christine M Winner |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,153,788 |
| TOTAL INVESTMENTS | 1,096,651 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 226,151 |
| Unsecured Loans | 213,114 |
| Other Loans | 596,367 |
| TOTAL LOANS | 1,035,632 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,661 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 43,914 |
| All Other Assets | 50,313 |
| TOTAL ASSETS | 5,370,637 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 953 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,832 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,364,890 |
| Regular shares | 2,769,977 |
| All Other Shares & Deposits | 363,636 |
| TOTAL SHARES & DEPOSITS | 4,498,503 |
| TOTAL LIABILITIES | 4,501,288 |
| Regular Reserve | 137,067 |
| Other Reserves | 0 |
| Undivided Earnings | 732,282 |
| TOTAL EQUITY | 869,349 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,370,637 |
| INCOME & EXPENSE | |
| Loan Income | 78,355 |
| Investment Income | 27,324 |
| Other Income | 9,267 |
| Total Employee Compensation & Benefits | 107,225 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 65,079 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 26,024 |
| Cost of Funds | 2,841 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -86,223 |
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