WJC FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://wjcfederal.com for more information.
Sep, 30, 2025 — WJC FEDERAL CREDIT UNION is a federal credit union headquartered in DAMASCUS, VA with 1 branch location and about $5.32 million in total assets. Opened 44 years ago in 1982, WJC FEDERAL CREDIT UNION has about 1,193 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WJC FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 841 DAMASCUS, VA 24236 |
| Phone: | (276) 475-5596 |
| Fax: | (276) 475-3412 |
| Website: | https://wjcfederal.com |
| Branches: | 1 branch locations |
| Members: | 1,193 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23938 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1982 |
| Last Audited: | Jun 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,319,186 |
| CEO/Manager: | Richard L Finley |
| Chairperson: | Conley Gentry |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 590,776 |
| TOTAL INVESTMENTS | 19,058 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,561,083 |
| Other Loans | 2,621,894 |
| TOTAL LOANS | 4,182,977 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -41,971 |
| Land And Building | 456,080 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 52,214 |
| All Other Assets | 60,052 |
| TOTAL ASSETS | 5,319,186 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 9,064 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,851,265 |
| All Other Shares & Deposits | 2,313,736 |
| TOTAL SHARES & DEPOSITS | 5,165,001 |
| TOTAL LIABILITIES | 5,174,065 |
| Regular Reserve | 137,211 |
| Other Reserves | 0 |
| Undivided Earnings | 7,910 |
| TOTAL EQUITY | 145,121 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,319,186 |
| INCOME & EXPENSE | |
| Loan Income | 298,799 |
| Investment Income | -6,214 |
| Other Income | 22,685 |
| Total Employee Compensation & Benefits | 249,325 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 67,132 |
| Non-operating Income & (Expense) | -27,362 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 104,531 |
| Cost of Funds | 47,178 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -180,258 |
| ↑ Back to Top | |