Sep, 30, 2025 — WEPCO FEDERAL CREDIT UNION is a federal credit union headquartered in BLOOMINGTON, MD with 7 branch locations and about $376.96 million in total assets. Opened 76 years ago in 1950, WEPCO FEDERAL CREDIT UNION has about 42,033 members and employs 70 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WEPCO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 204 North Branch Avenue BLOOMINGTON, MD 21523 |
| Phone: | (301) 359-3081 |
| Fax: | (301) 359-3683 |
| Website: | https://www.wepcofcu.com |
| Branches: | 7 branch locations |
| Members: | 42,033 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6685 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $376,961,006 |
| CEO/Manager: | Becky McKenzie |
| Chairperson: | Mark R Alexander |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 105,679,370 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 37,811,384 |
| Unsecured Loans | 16,875,866 |
| Other Loans | 199,590,646 |
| TOTAL LOANS | 254,277,896 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,005,694 |
| Land And Building | 5,035,289 |
| Other Fixed Assets | 406,575 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,025,870 |
| All Other Assets | 489,067 |
| TOTAL ASSETS | 376,961,006 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 773,898 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 297,316 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 55,976,641 |
| Regular shares | 137,639,195 |
| All Other Shares & Deposits | 124,459,167 |
| TOTAL SHARES & DEPOSITS | 318,075,003 |
| TOTAL LIABILITIES | 319,150,218 |
| Regular Reserve | 0 |
| Other Reserves | 3,991,592 |
| Undivided Earnings | 53,819,196 |
| TOTAL EQUITY | 57,810,788 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 376,961,006 |
| INCOME & EXPENSE | |
| Loan Income | 12,168,854 |
| Investment Income | 3,315,261 |
| Other Income | 1,420,785 |
| Total Employee Compensation & Benefits | 3,631,360 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,728,312 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,148,813 |
| Cost of Funds | 3,324,391 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,482,681 |
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