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LOGAN COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2025 — LOGAN COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in STOLLINGS, WV with 1 branch location and about $1.23 million in total assets. Opened 41 years ago in 1985, LOGAN COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 406 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOGAN COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
144 Vocational Rd
STOLLINGS, WV 25646
Phone:(304) 752-1513
Fax:(304) 752-4747
Website:n/a
Branches:1 branch locations
Members:406
Credit Union Type:Federal Credit Union
Charter Number:24200
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1985
Last Audited:Nov 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$1,225,625
CEO/Manager:James Hundley
Chairperson:Eugene Adkins

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 780,585
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 186,003
 Other Loans 0
 TOTAL LOANS 186,004
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -13,545
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 10,429
 All Other Assets 0
  TOTAL ASSETS 1,225,625
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 978,234
 All Other Shares & Deposits 4,212
  TOTAL SHARES & DEPOSITS 982,447
  TOTAL LIABILITIES 982,447
 Regular Reserve 0
 Other Reserves 50,414
 Undivided Earnings 192,764
  TOTAL EQUITY 243,178
  TOTAL LIABILITIES, SHARES, & EQUITY 1,225,625
INCOME & EXPENSE  
 Loan Income 19,935
 Investment Income 9,316
 Other Income 1,056
 Total Employee Compensation & Benefits 14,933
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 12,459
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 744
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,171
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