Credit Unions Near Me
National Credit Union Service Organization

TWIN OAKS FEDERAL CREDIT UNION

Mar, 31, 2021 — TWIN OAKS FEDERAL CREDIT UNION is a federal credit union headquartered in Apple Grove, WV with 2 branch locations and about $6.77 million in total assets. Opened 44 years ago in 1977, TWIN OAKS FEDERAL CREDIT UNION has about 1,338 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TWIN OAKS FEDERAL CREDIT UNION
Address:
(Main Office)
PO Box 70
Apple Grove, WV 25502
Phone:(304) 576-4056
Fax:(304) 576-2447
Website:http://www.twinoaksfcu.com
Branches:2 branch locations
Members:1,338
Credit Union Type:Federal Credit Union
Charter Number:22681
Membership Type:Multiple common bond - Primarily petroleum refining
Corporate Credit Union:No
Year Opened:1977
Last Audited:Apr 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$6,768,965
CEO/Manager:Carrie A Wamsley
Chairperson:Charles W Garland

Call Report

  • Risk Based Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,154,790
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 689,744
 Other Loans 4,938,586
 TOTAL LOANS 5,628,330
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -79,907
 Land And Building 0
 Other Fixed Assets 10,264
 NCUSIF Deposit 55,488
 All Other Assets 0
  TOTAL ASSETS 6,768,965
LIABILITIES & CAPITAL:  
 Dividends Payable 4,230
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,384
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,038,735
 All Other Shares & Deposits 3,118,374
  TOTAL SHARES & DEPOSITS 6,157,109
  TOTAL LIABILITIES 6,165,723
 Regular Reserve 170,735
 Other Reserves 0
 Undivided Earnings 432,507
  TOTAL EQUITY 603,242
  TOTAL LIABILITIES, SHARES, & EQUITY 6,768,965
INCOME & EXPENSE  
 Loan Income 112,295
 Investment Income 0
 Other Income 5,693
 Total Employee Compensation & Benefits 42,876
 NCUSIF Premiums Expense 762
 Total Other Operating Expenses 29,623
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 13,000
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 31,971
↑ Back to Top

Other Credit Unions

HUNTINGTON WEST VA FIREMENS FEDERAL CREDIT UNION
PO Box 2133
HUNTINGTON, WV 25721-2133
APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION
1122 7TH AVENUE
HUNTINGTON, WV 25701
CABWAY TELCO FEDERAL CREDIT UNION
1135 6TH AVE
HUNTINGTON, WV 25701
PACE FEDERAL CREDIT UNION
502 8th St
HUNTINGTON, WV 25701
WAYCOSE FEDERAL CREDIT UNION
1012 Thornburg St
HUNTINGTON, WV 25701-3018
PUTNAM SCHOOL EMPLOYEES FEDERAL CREDIT UNION
PO BOX 424
ELEANOR, WV 25070
METRO COMMUNITY FEDERAL CREDIT UNION
P O Box 5438
HUNTINGTON, WV 25703
HUNTINGTONIZED FEDERAL CREDIT UNION
481 8th Ave West
HUNTINGTON, WV 25701
IBEW 317 FEDERAL CREDIT UNION
P O BOX 9275
HUNTINGTON, WV 25701