Credit Unions Near Me
National Credit Union Service Organization

MARION COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2021 — MARION COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in FAIRMONT, WV with 1 branch location and about $10.06 million in total assets. Opened 46 years ago in 1976, MARION COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 1,041 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: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:http://www.schoolcu.virtualcu.net
Branches:1 branch locations
Members:1,041
Credit Union Type:Federal Credit Union
Charter Number:22428
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1976
Last Audited:Oct 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$10,057,660
CEO/Manager:Marty Thomas
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 682,145
TOTAL INVESTMENTS 6,900,198
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 344,332
 Other Loans 1,904,360
 TOTAL LOANS 2,248,692
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -32,549
 Land And Building 179,040
 Other Fixed Assets 3,527
 NCUSIF Deposit 76,607
 All Other Assets 0
  TOTAL ASSETS 10,057,660
LIABILITIES & CAPITAL:  
 Dividends Payable 12
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 13,237
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 790,806
 Regular shares 7,059,592
 All Other Shares & Deposits 491,394
  TOTAL SHARES & DEPOSITS 8,341,792
  TOTAL LIABILITIES 8,355,041
 Regular Reserve 267,287
 Other Reserves 0
 Undivided Earnings 1,435,332
  TOTAL EQUITY 1,702,619
  TOTAL LIABILITIES, SHARES, & EQUITY 10,057,660
INCOME & EXPENSE  
 Loan Income 137,356
 Investment Income 59,167
 Other Income 7,859
 Total Employee Compensation & Benefits 143,222
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 104,126
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -10,482
 Cost of Funds 4,227
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -36,711
↑ Back to Top

Other Credit Unions

CITY OF FAIRMONT FEDERAL CREDIT UNION
500 Quincy ST
FAIRMONT, WV 26554
U S EMPLOYEES FEDERAL CREDIT UNION
331 Madison St
FAIRMONT, WV 26554-3124
TRI AG W VA FEDERAL CREDIT UNION
1550 EARL L CORE RD STE 100
MORGANTOWN, WV 26505-5920
HOPE FEDERAL CREDIT UNION
925 White Oaks Blvd.
BRIDGEPORT, WV 26330
UNITED HOSPITAL CENTER FEDERAL CREDIT UNION
327 Medical Park Dr
BRIDGEPORT, WV 26330-9006
MORGANTOWN A E S FEDERAL CREDIT UNION
1133 Van Voorhis Rd
MORGANTOWN, WV 26505
HOME FEDERAL CREDIT UNION
131 W Pike St
CLARKSBURG, WV 26301
CITY OF CLARKSBURG FEDERAL CREDIT UNION
101 S 4TH ST
CLARKSBURG, WV 26301
HARRISON COUNTY FEDERAL CREDIT UNION
315 Buckhannon Pike
NUTTER FORT, WV 26301
CLARKSBURG AREA POSTAL EMPLOYEES FEDERAL CREDIT UNION
323 E Pike St
CLARKSBURG, WV 26301