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CAMC FEDERAL CREDIT UNION

Mar, 31, 2022 — CAMC FEDERAL CREDIT UNION is a federal credit union headquartered in CHARLESTON, WV with 1 branch location and about $82.33 million in total assets. Opened 45 years ago in 1977, CAMC FEDERAL CREDIT UNION has about 5,069 members and employs 14 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:5,069
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:Mar 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$82,327,893
CEO/Manager:Ashley D Morris
Chairperson:J. Alan Shearer

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,738,009
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 21,650,836
 Unsecured Loans 741,815
 Other Loans 9,732,646
 TOTAL LOANS 32,125,297
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -164,466
 Land And Building 636,506
 Other Fixed Assets 79,504
 NCUSIF Deposit 588,513
 All Other Assets 0
  TOTAL ASSETS 82,327,893
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 161,200
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 15,768,868
 Regular shares 24,183,553
 All Other Shares & Deposits 23,991,931
  TOTAL SHARES & DEPOSITS 63,944,352
  TOTAL LIABILITIES 64,105,552
 Regular Reserve 0
 Other Reserves 742,254
 Undivided Earnings 17,480,087
  TOTAL EQUITY 18,222,341
  TOTAL LIABILITIES, SHARES, & EQUITY 82,327,893
INCOME & EXPENSE  
 Loan Income 309,471
 Investment Income 68,204
 Other Income 63,931
 Total Employee Compensation & Benefits 221,288
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 248,728
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 15,360
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 88,458
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