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MARSHALL COUNTY FEDERAL CREDIT UNION

Dec, 31, 2022 — MARSHALL COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in MOUNDSVILLE, WV with 1 branch location and about $24.51 million in total assets. Opened 49 years ago in 1974, MARSHALL COUNTY FEDERAL CREDIT UNION has about 2,807 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MARSHALL COUNTY FEDERAL CREDIT UNION
Address:
(Main Office)
910 3rd St
MOUNDSVILLE, WV 26041-1605
Phone:(304) 843-1179
Fax:(304) 843-1263
Website:https://www.marshallcountyfcu.com
Branches:1 branch locations
Members:2,807
Credit Union Type:Federal Credit Union
Charter Number:21713
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1974
Last Audited:Mar 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$24,511,825
CEO/Manager:Kelly L Ward
Chairperson:Paul F Chavanak

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,801,578
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 493,759
 Other Loans 7,865,790
 TOTAL LOANS 8,359,549
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,414
 Land And Building 124,684
 Other Fixed Assets 0
 NCUSIF Deposit 203,243
 All Other Assets 0
  TOTAL ASSETS 24,511,825
LIABILITIES & CAPITAL:  
 Dividends Payable 56
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 37,614
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,544,625
 Regular shares 17,156,572
 All Other Shares & Deposits 729,696
  TOTAL SHARES & DEPOSITS 22,430,893
  TOTAL LIABILITIES 22,468,563
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,043,262
  TOTAL EQUITY 2,043,262
  TOTAL LIABILITIES, SHARES, & EQUITY 24,511,825
INCOME & EXPENSE  
 Loan Income 316,648
 Investment Income 57,613
 Other Income 81,806
 Total Employee Compensation & Benefits 198,822
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 134,181
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 8,053
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 115,011
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