Sep, 30, 2025 — WCU CREDIT UNION is a federally insured state chartered credit union headquartered in DECATUR, AL with 2 branch locations and about $33.70 million in total assets. Opened 78 years ago in 1948, WCU CREDIT UNION has about 3,386 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WCU CREDIT UNION |
|---|---|
| Address: (Main Office) | 2505 Highway 31 S DECATUR, AL 35603-1503 |
| Phone: | (256) 355-5010 |
| Fax: | (256) 355-2989 |
| Website: | https://www.wcucu.com |
| Branches: | 2 branch locations |
| Members: | 3,386 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61150 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $33,701,580 |
| CEO/Manager: | Steve Determan |
| Chairperson: | Luke Etheredge |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,808,516 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,187,296 |
| Unsecured Loans | 419,070 |
| Other Loans | 13,739,858 |
| TOTAL LOANS | 17,346,224 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -88,569 |
| Land And Building | 1,994,818 |
| Other Fixed Assets | 90,054 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 309,835 |
| All Other Assets | 0 |
| TOTAL ASSETS | 33,701,580 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 77,535 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,894,412 |
| Regular shares | 17,763,242 |
| All Other Shares & Deposits | 4,852,678 |
| TOTAL SHARES & DEPOSITS | 30,510,332 |
| TOTAL LIABILITIES | 30,587,867 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,113,713 |
| TOTAL EQUITY | 3,113,713 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 33,701,580 |
| INCOME & EXPENSE | |
| Loan Income | 742,256 |
| Investment Income | 337,637 |
| Other Income | 172,281 |
| Total Employee Compensation & Benefits | 577,025 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 636,138 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 14,618 |
| Cost of Funds | 83,179 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 136,929 |
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