Sep, 30, 2025 — MEMBERS CREDIT UNION is a federally insured state chartered credit union headquartered in WINSTON SALEM, NC with 17 branch locations and about $461.26 million in total assets. Opened 73 years ago in 1953, MEMBERS CREDIT UNION has about 47,600 members and employs 117 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 CREDIT UNION |
|---|---|
| Address: (Main Office) | 2098 Frontis Plaza Blvd Ste A WINSTON SALEM, NC 27103-5779 |
| Phone: | (336) 748-4800 |
| Fax: | (336) 748-4620 |
| Website: | https://www.memcu.com |
| Branches: | 17 branch locations |
| Members: | 47,600 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60002 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $461,257,397 |
| CEO/Manager: | Robert C Donley |
| Chairperson: | William A Tittsworth |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 46,175,932 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,972,159 |
| Unsecured Loans | 52,022,703 |
| Other Loans | 127,337,208 |
| TOTAL LOANS | 188,533,636 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,386,094 |
| Land And Building | 10,258,911 |
| Other Fixed Assets | 373,407 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,677,911 |
| All Other Assets | 201,342 |
| TOTAL ASSETS | 461,257,397 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,884,395 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 94,421,518 |
| Regular shares | 165,170,276 |
| All Other Shares & Deposits | 132,225,252 |
| TOTAL SHARES & DEPOSITS | 391,817,046 |
| TOTAL LIABILITIES | 394,701,441 |
| Regular Reserve | 0 |
| Other Reserves | 7,149,076 |
| Undivided Earnings | 59,406,880 |
| TOTAL EQUITY | 66,555,956 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 461,257,397 |
| INCOME & EXPENSE | |
| Loan Income | 11,913,929 |
| Investment Income | 4,962,640 |
| Other Income | 1,370,819 |
| Total Employee Compensation & Benefits | 6,539,917 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 6,019,377 |
| Non-operating Income & (Expense) | 31,125 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,700,041 |
| Cost of Funds | 2,431,067 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,480,685 |
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