Jun, 30, 2024 — WASHINGTON COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in HAGERSTOWN, MD with 3 branch locations and about $89.06 million in total assets. Opened 75 years ago in 1949, WASHINGTON COUNTY TEACHERS FEDERAL CREDIT UNION has about 4,293 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WASHINGTON COUNTY TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 19638 Leitersburg Pike HAGERSTOWN, MD 21742 |
| Phone: | (301) 790-3131 |
| Fax: | (301) 733-2467 |
| Website: | https://www.wctfcu.net |
| Branches: | 3 branch locations |
| Members: | 4,293 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6353 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $89,063,142 |
| CEO/Manager: | Steve Ebersole |
| Chairperson: | Robert Alton |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 33,913,958 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 13,483,258 |
| Unsecured Loans | 1,101,781 |
| Other Loans | 12,216,867 |
| TOTAL LOANS | 26,801,906 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -37,698 |
| Land And Building | 1,175,216 |
| Other Fixed Assets | 97,085 |
| NCUSIF Deposit | 749,421 |
| All Other Assets | 0 |
| TOTAL ASSETS | 89,063,142 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 98,643 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 10,002,760 |
| Regular shares | 47,565,525 |
| All Other Shares & Deposits | 20,759,497 |
| TOTAL SHARES & DEPOSITS | 78,327,782 |
| TOTAL LIABILITIES | 78,426,425 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 10,636,717 |
| TOTAL EQUITY | 10,636,717 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 89,063,142 |
| INCOME & EXPENSE | |
| Loan Income | 714,758 |
| Investment Income | 390,589 |
| Other Income | 140,045 |
| Total Employee Compensation & Benefits | 435,856 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 486,960 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,230 |
| Cost of Funds | 82,855 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 248,034 |
| ↑ Back to Top | |