Dec, 31, 2021 — MARTINSBURG V.A. CENTER FEDERAL CREDIT UNION is a federal credit union headquartered in KEARNEYSVILLE, WV with 1 branch location and about $17.41 million in total assets. Opened 46 years ago in 1976, MARTINSBURG V.A. CENTER FEDERAL CREDIT UNION has about 1,753 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: | 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: | http://martinsburgfcu.com |
Branches: | 1 branch locations |
Members: | 1,753 |
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: | Sep 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $17,406,459 |
CEO/Manager: | Sherry L Peck |
Chairperson: | Gary T Budd |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,752,479 |
TOTAL INVESTMENTS | 11,176,995 |
Loans Held for Sale | 0 |
Real Estate Loans | 475,188 |
Unsecured Loans | 884,666 |
Other Loans | 2,725,769 |
TOTAL LOANS | 4,085,623 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,488 |
Land And Building | 164,183 |
Other Fixed Assets | 3,428 |
NCUSIF Deposit | 149,622 |
All Other Assets | 80,617 |
TOTAL ASSETS | 17,406,459 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 18,942 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 4,035,765 |
Regular shares | 11,395,446 |
All Other Shares & Deposits | 256,969 |
TOTAL SHARES & DEPOSITS | 15,688,180 |
TOTAL LIABILITIES | 15,707,122 |
Regular Reserve | 395,070 |
Other Reserves | 0 |
Undivided Earnings | 1,304,267 |
TOTAL EQUITY | 1,699,337 |
TOTAL LIABILITIES, SHARES, & EQUITY | 17,406,459 |
INCOME & EXPENSE | |
Loan Income | 209,852 |
Investment Income | 136,085 |
Other Income | 62,204 |
Total Employee Compensation & Benefits | 218,672 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 183,633 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,202 |
Cost of Funds | 6,063 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -9,429 |
↑ Back to Top |