Dec, 31, 2021 — PIONEER WEST VIRGINIA FEDERAL CREDIT UNION is a federal credit union headquartered in CHARLESTON, WV with 6 branch locations and about $226.24 million in total assets. Opened 82 years ago in 1940, PIONEER WEST VIRGINIA FEDERAL CREDIT UNION has about 19,385 members and employs 43 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PIONEER WEST VIRGINIA FEDERAL CREDIT UNION |
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Address: (Main Office) | 1316 Kanawha Blvd E CHARLESTON, WV 25301 |
Phone: | (304) 348-6648 |
Fax: | (304) 347-7473 |
Website: | http://www.pioneerwv.org |
Branches: | 6 branch locations |
Members: | 19,385 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3576 |
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Membership Type: | Community - Rural District |
Corporate Credit Union: | No |
Year Opened: | 1940 |
Last Audited: | Mar 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $226,236,756 |
CEO/Manager: | Dan McGowan |
Chairperson: | William Milam |
ASSETS: | $ Amount |
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Cash & Equivalents | 40,648,174 |
TOTAL INVESTMENTS | 10,571,323 |
Loans Held for Sale | 0 |
Real Estate Loans | 73,006,512 |
Unsecured Loans | 10,822,947 |
Other Loans | 77,263,060 |
TOTAL LOANS | 161,092,519 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -479,530 |
Land And Building | 9,021,730 |
Other Fixed Assets | 782,346 |
NCUSIF Deposit | 1,937,246 |
All Other Assets | 2,662,948 |
TOTAL ASSETS | 226,236,756 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 501,912 |
Accounts Payable & Other Liabilities | 1,777,213 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 44,441,699 |
Regular shares | 110,856,806 |
All Other Shares & Deposits | 46,115,139 |
TOTAL SHARES & DEPOSITS | 201,413,644 |
TOTAL LIABILITIES | 203,692,769 |
Regular Reserve | 4,877,468 |
Other Reserves | 499,166 |
Undivided Earnings | 17,167,353 |
TOTAL EQUITY | 22,543,987 |
TOTAL LIABILITIES, SHARES, & EQUITY | 226,236,756 |
INCOME & EXPENSE | |
Loan Income | 5,635,654 |
Investment Income | 148,963 |
Other Income | 2,330,867 |
Total Employee Compensation & Benefits | 3,893,693 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,660,495 |
Non-operating Income & (Expense) | -46,726 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 106,889 |
Cost of Funds | 333,447 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 270,031 |
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