Credit Unions Near Me
National Credit Union Service Organization

CITY OF FAIRMONT FEDERAL CREDIT UNION

Jun, 30, 2021 — CITY OF FAIRMONT FEDERAL CREDIT UNION is a federal credit union headquartered in Fairmont, WV with 1 branch location and about $1.48 million in total assets. Opened 54 years ago in 1967, CITY OF FAIRMONT FEDERAL CREDIT UNION has about 325 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CITY OF FAIRMONT FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. Box 868
Fairmont, WV 26554
Phone:(304) 366-9280
Fax:(304) 366-5533
Website:n/a
Branches:1 branch locations
Members:325
Credit Union Type:Federal Credit Union
Charter Number:18142
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1967
Last Audited:Jul 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,479,319
CEO/Manager:James R Emerick
Chairperson:Rick D Geldbaugh

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 116,832
TOTAL INVESTMENTS 411,124
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 219,282
 Other Loans 744,584
 TOTAL LOANS 963,866
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -32,075
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 12,346
 All Other Assets 7,226
  TOTAL ASSETS 1,479,319
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,412
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 837,630
 All Other Shares & Deposits 497,277
  TOTAL SHARES & DEPOSITS 1,334,907
  TOTAL LIABILITIES 1,337,319
 Regular Reserve 69,000
 Other Reserves 0
 Undivided Earnings 73,000
  TOTAL EQUITY 142,000
  TOTAL LIABILITIES, SHARES, & EQUITY 1,479,319
INCOME & EXPENSE  
 Loan Income 29,557
 Investment Income 5,092
 Other Income 406
 Total Employee Compensation & Benefits 11,503
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 10,488
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 765
 Cost of Funds 5,524
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 6,900
↑ Back to Top

Other Credit Unions

U S EMPLOYEES FEDERAL CREDIT UNION
P O Box 885
FAIRMONT, WV 26555-0885
MARION COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION
1512 Mary Lou Retton Dr
FAIRMONT, WV 26554
HOPE FEDERAL CREDIT UNION
925 White Oaks Blvd.
BRIDGEPORT, WV 26330
UNITED HOSPITAL CENTER FEDERAL CREDIT UNION
327 Medical Park Dr, Room 301
BRIDGEPORT, WV 26330-9006
TRI AG W VA FEDERAL CREDIT UNION
1550 EARL L CORE RD STE 100
MORGANTOWN, WV 26505-5920
HOME FEDERAL CREDIT UNION
131 W Pike St
CLARKSBURG, WV 26301
CITY OF CLARKSBURG FEDERAL CREDIT UNION
101 S 4TH ST
CLARKSBURG, WV 26301
HARRISON COUNTY FEDERAL CREDIT UNION
315 Buckhannon Pike
NUTTER FORT, WV 26301
CLARKSBURG AREA POSTAL EMPLOYEES FEDERAL CREDIT UNION
323 E Pike St
CLARKSBURG, WV 26301-2118
PRESTON FEDERAL CREDIT UNION
434 E MAIN ST
KINGWOOD, WV 26537