Dec, 31, 2021 — CAMC FEDERAL CREDIT UNION is a federal credit union headquartered in CHARLESTON, WV with 1 branch location and about $81.04 million in total assets. Opened 45 years ago in 1977, CAMC FEDERAL CREDIT UNION has about 5,121 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CAMC FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 3400 MacCorkle Ave SE CHARLESTON, WV 25304 |
Phone: | (304) 388-5700 |
Fax: | (304) 388-5730 |
Website: | http://www.camcfcu.org |
Branches: | 1 branch locations |
Members: | 5,121 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22657 |
---|---|
Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1977 |
Last Audited: | Aug 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $81,042,399 |
CEO/Manager: | Ashley D Morris |
Chairperson: | J. Alan Shearer |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 7,269,538 |
TOTAL INVESTMENTS | 39,548,006 |
Loans Held for Sale | 0 |
Real Estate Loans | 22,108,202 |
Unsecured Loans | 819,741 |
Other Loans | 9,732,965 |
TOTAL LOANS | 32,660,908 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -165,911 |
Land And Building | 643,000 |
Other Fixed Assets | 70,583 |
NCUSIF Deposit | 588,513 |
All Other Assets | 427,762 |
TOTAL ASSETS | 81,042,399 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 146,594 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 15,906,411 |
Regular shares | 23,339,538 |
All Other Shares & Deposits | 23,515,973 |
TOTAL SHARES & DEPOSITS | 62,761,922 |
TOTAL LIABILITIES | 62,908,516 |
Regular Reserve | 742,254 |
Other Reserves | 0 |
Undivided Earnings | 17,391,629 |
TOTAL EQUITY | 18,133,883 |
TOTAL LIABILITIES, SHARES, & EQUITY | 81,042,399 |
INCOME & EXPENSE | |
Loan Income | 1,299,476 |
Investment Income | 361,119 |
Other Income | 272,262 |
Total Employee Compensation & Benefits | 845,127 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,010,423 |
Non-operating Income & (Expense) | 873 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 45,000 |
Cost of Funds | 106,376 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 554,284 |
↑ Back to Top |