Credit Unions Near Me
National Credit Union Service Organization

MARION COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — MARION COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Fairmont, WV with 1 branch location and about $10.28 million in total assets. Opened 45 years ago in 1976, MARION COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 1,073 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:1,073
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:$10,282,182
CEO/Manager:Marty Thomas
Chairperson:Cathie Matheny

Call Report

  • Overdraft Protection
  • Payday Alternative Loans (PAL Loans)
  • ATM/Debit Card Program
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,911,654
TOTAL INVESTMENTS 3,876,198
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 395,087
 Other Loans 1,871,980
 TOTAL LOANS 2,267,067
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -40,405
 Land And Building 177,236
 Other Fixed Assets 7,631
 NCUSIF Deposit 63,499
 All Other Assets 19,302
  TOTAL ASSETS 10,282,182
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 80,226
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 986,612
 Regular shares 7,008,119
 All Other Shares & Deposits 487,416
  TOTAL SHARES & DEPOSITS 8,482,147
  TOTAL LIABILITIES 8,562,373
 Regular Reserve 267,287
 Other Reserves 0
 Undivided Earnings 1,452,522
  TOTAL EQUITY 1,719,809
  TOTAL LIABILITIES, SHARES, & EQUITY 10,282,182
INCOME & EXPENSE  
 Loan Income 31,886
 Investment Income 12,168
 Other Income 1,374
 Total Employee Compensation & Benefits 34,038
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 27,786
 Non-operating Income & (Expense) 2,626
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 40,405
 Cost of Funds 1,195
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -55,364
↑ Back to Top

Other Credit Unions

CITY OF FAIRMONT FEDERAL CREDIT UNION
P.O. Box 868
FAIRMONT, WV 26554
U S EMPLOYEES FEDERAL CREDIT UNION
P O Box 885
FAIRMONT, WV 26555-0885
HOPE FEDERAL CREDIT UNION
925 White Oaks Blvd.
BRIDGEPORT, WV 26330
UNITED HOSPITAL CENTER FEDERAL CREDIT UNION
327 Medical Park Dr, Room 301
BRIDGEPORT, WV 26330-9006
TRI AG W VA FEDERAL CREDIT UNION
1550 EARL L CORE RD STE 100
MORGANTOWN, WV 26505-5920
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 26301-2118
PRESTON FEDERAL CREDIT UNION
434 E MAIN ST
KINGWOOD, WV 26537