JOY EMPLOYEES FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Sep, 30, 2025 — JOY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Bluefield, WV with 1 branch location and about $1.21 million in total assets. Opened 57 years ago in 1969, JOY EMPLOYEES FEDERAL CREDIT UNION has about 219 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | JOY EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. Box 622 Bluefield, WV 24701 |
| Phone: | (276) 322-5454 |
| Fax: | (276) 322-1235 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 219 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 19158 |
|---|---|
| Membership Type: | Manufacturing - Machinery |
| Corporate Credit Union: | No |
| Year Opened: | 1969 |
| Last Audited: | Aug 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,210,268 |
| CEO/Manager: | Jerry D Gallogly Jr |
| Chairperson: | Steve C Chaffin |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 667,110 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 48,954 |
| Other Loans | 592,459 |
| TOTAL LOANS | 641,413 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -122,397 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 10,994 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,210,268 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 511 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 937,143 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 937,143 |
| TOTAL LIABILITIES | 937,654 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 272,614 |
| TOTAL EQUITY | 272,614 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,210,268 |
| INCOME & EXPENSE | |
| Loan Income | 25,626 |
| Investment Income | 2,773 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 10,135 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 12,197 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 7,976 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -1,191 |
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