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MARTINSBURG V.A. CENTER FEDERAL CREDIT UNION

Sep, 30, 2025 — MARTINSBURG V.A. CENTER FEDERAL CREDIT UNION is a federal credit union headquartered in KEARNEYSVILLE, WV with 1 branch location and about $16.82 million in total assets. Opened 50 years ago in 1976, MARTINSBURG V.A. CENTER FEDERAL CREDIT UNION has about 1,591 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MARTINSBURG V.A. CENTER FEDERAL CREDIT UNION
Address:
(Main Office)
2971 Charles Town Rd
KEARNEYSVILLE, WV 25430
Phone:(304) 263-3454
Fax:(304) 263-7389
Website:https://www.martinsburgfcu.com
Branches:1 branch locations
Members:1,591
Credit Union Type:Federal Credit Union
Charter Number:22337
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1976
Last Audited:Jan 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$16,822,796
CEO/Manager:Sherry L Peck
Chairperson:Gary T Budd

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 940,879
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 839,201
 Unsecured Loans 720,215
 Other Loans 2,781,398
 TOTAL LOANS 4,340,814
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -44,367
 Land And Building 140,758
 Other Fixed Assets 9,843
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 143,113
 All Other Assets 0
  TOTAL ASSETS 16,822,796
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,103
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,267,693
 Regular shares 10,162,981
 All Other Shares & Deposits 111,840
  TOTAL SHARES & DEPOSITS 14,542,514
  TOTAL LIABILITIES 14,549,617
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,273,179
  TOTAL EQUITY 2,273,179
  TOTAL LIABILITIES, SHARES, & EQUITY 16,822,796
INCOME & EXPENSE  
 Loan Income 234,173
 Investment Income 367,875
 Other Income 72,433
 Total Employee Compensation & Benefits 173,384
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 197,343
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 20,000
 Cost of Funds 4,034
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 279,720
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