Sep, 30, 2025 — MEMBERS CHOICE WV FEDERAL CREDIT UNION is a federal credit union headquartered in CHARLESTON, WV with 1 branch location and about $89.95 million in total assets. Opened 84 years ago in 1942, MEMBERS CHOICE WV FEDERAL CREDIT UNION has about 5,999 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MEMBERS CHOICE WV FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 201 Ohio Ave CHARLESTON, WV 25302-2209 |
| Phone: | (304) 346-5242 |
| Fax: | (304) 346-5262 |
| Website: | https://www.memberschoicewv.com |
| Branches: | 1 branch locations |
| Members: | 5,999 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4969 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1942 |
| Last Audited: | Oct 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $89,947,198 |
| CEO/Manager: | Stephanie J Rippetoe |
| Chairperson: | Raymond Joseph |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,538,556 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 12,750,345 |
| Unsecured Loans | 2,114,181 |
| Other Loans | 24,915,993 |
| TOTAL LOANS | 40,589,120 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -291,903 |
| Land And Building | 1,197,328 |
| Other Fixed Assets | 145,741 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 666,735 |
| All Other Assets | 18,877 |
| TOTAL ASSETS | 89,947,198 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 331 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 151,419 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,973,205 |
| Regular shares | 35,436,838 |
| All Other Shares & Deposits | 24,680,977 |
| TOTAL SHARES & DEPOSITS | 70,091,021 |
| TOTAL LIABILITIES | 70,242,771 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 19,704,427 |
| TOTAL EQUITY | 19,704,427 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 89,947,198 |
| INCOME & EXPENSE | |
| Loan Income | 1,708,406 |
| Investment Income | 953,607 |
| Other Income | 393,695 |
| Total Employee Compensation & Benefits | 969,548 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,058,765 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 90,000 |
| Cost of Funds | 724,997 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 478,038 |
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