Jun, 30, 2023 — O. F. TOALSTON FEDERAL CREDIT UNION is a federal credit union headquartered in LOGAN, WV with 1 branch location and about $477,610 in total assets. Opened 74 years ago in 1949, O. F. TOALSTON FEDERAL CREDIT UNION has about 175 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | O. F. TOALSTON FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 96 Riverview Ave LOGAN, WV 25601 |
| Phone: | (304) 792-2356 |
| Fax: | (304) 792-2356 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 175 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6239 |
|---|---|
| Membership Type: | Service - Communications and Utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Jan 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $477,610 |
| CEO/Manager: | Donna Kauff |
| Chairperson: |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 68,596 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 175,778 |
| Other Loans | 253,606 |
| TOTAL LOANS | 429,384 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -34,341 |
| Land And Building | 0 |
| Other Fixed Assets | 1,561 |
| NCUSIF Deposit | 3,906 |
| All Other Assets | 0 |
| TOTAL ASSETS | 477,610 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 14,133 |
| Accounts Payable & Other Liabilities | 20,779 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 148,508 |
| All Other Shares & Deposits | 221,811 |
| TOTAL SHARES & DEPOSITS | 370,319 |
| TOTAL LIABILITIES | 405,231 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 72,379 |
| TOTAL EQUITY | 72,379 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 477,610 |
| INCOME & EXPENSE | |
| Loan Income | 22,947 |
| Investment Income | 529 |
| Other Income | -35 |
| Total Employee Compensation & Benefits | 10,014 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 6,424 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 2,949 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,054 |
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