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MARION COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2025 — MARION COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in FAIRMONT, WV with 1 branch location and about $9.10 million in total assets. Opened 50 years ago in 1976, MARION COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 820 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:MARION COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
1512 Mary Lou Retton Dr
FAIRMONT, WV 26554
Phone:(304) 366-2390
Fax:(304) 366-2465
Website:https://www.schoolcu.virtualcu.net
Branches:1 branch locations
Members:820
Credit Union Type:Federal Credit Union
Charter Number:22428
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1976
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$9,096,368
CEO/Manager:Tonya A Wilfong
Chairperson:Cathie Matheny

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 715,370
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 619,201
 Other Loans 2,428,953
 TOTAL LOANS 3,048,154
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -20,624
 Land And Building 156,584
 Other Fixed Assets 2
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 69,963
 All Other Assets 0
  TOTAL ASSETS 9,096,368
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 10,053
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 856,459
 Regular shares 5,627,421
 All Other Shares & Deposits 644,169
  TOTAL SHARES & DEPOSITS 7,128,049
  TOTAL LIABILITIES 7,138,102
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,958,266
  TOTAL EQUITY 1,958,266
  TOTAL LIABILITIES, SHARES, & EQUITY 9,096,368
INCOME & EXPENSE  
 Loan Income 179,023
 Investment Income 177,929
 Other Income 11,345
 Total Employee Compensation & Benefits 103,326
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 107,560
 Non-operating Income & (Expense) 1,737
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 40,624
 Cost of Funds 16,354
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 102,170
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