Sep, 30, 2022 — WEST VIRGINIA CENTRAL FEDERAL CREDIT UNION is a federal credit union headquartered in PARKERSBURG, WV with 4 branch locations and about $290.10 million in total assets. Opened 54 years ago in 1969, WEST VIRGINIA CENTRAL FEDERAL CREDIT UNION has about 21,768 members and employs 42 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WEST VIRGINIA CENTRAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1306 Murdoch Ave PARKERSBURG, WV 26101-3238 |
| Phone: | (304) 485-4523 |
| Fax: | (304) 424-0718 |
| Website: | https://www.wvccu.org |
| Branches: | 4 branch locations |
| Members: | 21,768 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24888 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1969 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $290,101,273 |
| CEO/Manager: | Michael A Tucker |
| Chairperson: | Doug Reeder |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 13,535,540 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 96,395,334 |
| Unsecured Loans | 3,587,267 |
| Other Loans | 92,812,737 |
| TOTAL LOANS | 192,795,338 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -657,039 |
| Land And Building | 4,017,684 |
| Other Fixed Assets | 338,535 |
| NCUSIF Deposit | 2,374,347 |
| All Other Assets | 14,884 |
| TOTAL ASSETS | 290,101,273 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 388,013 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 39,010,102 |
| Regular shares | 178,770,986 |
| All Other Shares & Deposits | 40,982,576 |
| TOTAL SHARES & DEPOSITS | 258,763,664 |
| TOTAL LIABILITIES | 259,151,677 |
| Regular Reserve | 0 |
| Other Reserves | -1,172,699 |
| Undivided Earnings | 32,122,295 |
| TOTAL EQUITY | 30,949,596 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 290,101,273 |
| INCOME & EXPENSE | |
| Loan Income | 5,179,464 |
| Investment Income | 884,058 |
| Other Income | 677,453 |
| Total Employee Compensation & Benefits | 1,755,976 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,795,486 |
| Non-operating Income & (Expense) | 1,133 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 100,785 |
| Cost of Funds | 1,092,214 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,815,158 |
| ↑ Back to Top | |