Sep, 30, 2025 — WEST VIRGINIA FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH CHARLESTON, WV with 2 branch locations and about $132.48 million in total assets. Opened 61 years ago in 1965, WEST VIRGINIA FEDERAL CREDIT UNION has about 7,275 members and employs 29 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WEST VIRGINIA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 318 5th Ave SOUTH CHARLESTON, WV 25303-1240 |
| Phone: | (304) 744-7604 |
| Fax: | (304) 744-1993 |
| Website: | https://www.wvfcu.org |
| Branches: | 2 branch locations |
| Members: | 7,275 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17057 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1965 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $132,483,399 |
| CEO/Manager: | Nicholas P Arvon |
| Chairperson: | Greg Cox |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,009,174 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 38,773,869 |
| Unsecured Loans | 2,053,185 |
| Other Loans | 36,730,365 |
| TOTAL LOANS | 77,557,419 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -810,553 |
| Land And Building | 1,006,211 |
| Other Fixed Assets | 147,851 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 985,886 |
| All Other Assets | 20,000 |
| TOTAL ASSETS | 132,483,399 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 20,214 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,186,557 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 22,929,849 |
| Regular shares | 39,736,940 |
| All Other Shares & Deposits | 43,757,807 |
| TOTAL SHARES & DEPOSITS | 106,424,596 |
| TOTAL LIABILITIES | 107,631,367 |
| Regular Reserve | 0 |
| Other Reserves | 609,291 |
| Undivided Earnings | 24,242,741 |
| TOTAL EQUITY | 24,852,032 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 132,483,399 |
| INCOME & EXPENSE | |
| Loan Income | 3,545,233 |
| Investment Income | 1,179,458 |
| Other Income | 345,196 |
| Total Employee Compensation & Benefits | 2,035,397 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,399,706 |
| Non-operating Income & (Expense) | 26,657 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 90,000 |
| Cost of Funds | 836,944 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,532,381 |
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