WINSTON-SALEM FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.mywsfcu.org for more information.
Sep, 30, 2025 — WINSTON-SALEM FEDERAL CREDIT UNION is a federal credit union headquartered in WINSTON SALEM, NC with 1 branch location and about $66.00 million in total assets. Opened 69 years ago in 1957, WINSTON-SALEM FEDERAL CREDIT UNION has about 11,659 members and employs 26 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WINSTON-SALEM FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 711 E SALEM AVE WINSTON SALEM, NC 27101-5365 |
| Phone: | (336) 727-2663 |
| Fax: | (336) 727-8422 |
| Website: | https://www.mywsfcu.org |
| Branches: | 1 branch locations |
| Members: | 11,659 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24814 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $66,003,614 |
| CEO/Manager: | John Jameson |
| Chairperson: | Kevin Lyons |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 28,037,942 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,291,834 |
| Unsecured Loans | 5,203,406 |
| Other Loans | 4,948,847 |
| TOTAL LOANS | 21,444,087 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -228,246 |
| Land And Building | 707,941 |
| Other Fixed Assets | 89,836 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 576,029 |
| All Other Assets | 0 |
| TOTAL ASSETS | 66,003,614 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 109 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 879,838 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 12,513,269 |
| Regular shares | 17,304,434 |
| All Other Shares & Deposits | 29,153,455 |
| TOTAL SHARES & DEPOSITS | 58,971,158 |
| TOTAL LIABILITIES | 59,851,105 |
| Regular Reserve | 0 |
| Other Reserves | 1,212,934 |
| Undivided Earnings | 4,939,575 |
| TOTAL EQUITY | 6,152,509 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 66,003,614 |
| INCOME & EXPENSE | |
| Loan Income | 1,259,601 |
| Investment Income | 347,194 |
| Other Income | 838,744 |
| Total Employee Compensation & Benefits | 1,170,434 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,672,162 |
| Non-operating Income & (Expense) | 136,521 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 167,161 |
| Cost of Funds | 107,989 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -62,114 |
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