Sep, 30, 2025 — PUTNAM SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ELEANOR, WV with 1 branch location and about $13.89 million in total assets. Opened 54 years ago in 1972, PUTNAM SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 1,908 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: | PUTNAM SCHOOL EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 101 ROOSEVELT BLVD ELEANOR, WV 25070 |
| Phone: | (304) 586-3900 |
| Fax: | (304) 586-4159 |
| Website: | https://www.psewv.com |
| Branches: | 1 branch locations |
| Members: | 1,908 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 21107 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1972 |
| Last Audited: | May 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $13,893,216 |
| CEO/Manager: | JUDY L BARRETT |
| Chairperson: | Allen Messinger |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 888,285 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 657,030 |
| Other Loans | 6,327,417 |
| TOTAL LOANS | 6,984,447 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -42,503 |
| Land And Building | 0 |
| Other Fixed Assets | 21 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 109,873 |
| All Other Assets | 0 |
| TOTAL ASSETS | 13,893,216 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 41,035 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 10,381,605 |
| All Other Shares & Deposits | 644,198 |
| TOTAL SHARES & DEPOSITS | 11,025,803 |
| TOTAL LIABILITIES | 11,066,838 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,826,378 |
| TOTAL EQUITY | 2,826,378 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 13,893,216 |
| INCOME & EXPENSE | |
| Loan Income | 344,819 |
| Investment Income | 134,855 |
| Other Income | 2,336 |
| Total Employee Compensation & Benefits | 110,203 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 95,741 |
| Non-operating Income & (Expense) | 49,750 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 54,988 |
| Cost of Funds | 81,350 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 191,813 |
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