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 |
| 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 |
| ↑ Back to Top | |