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W. VIRGINIA STATE CONVENTION CREDIT UNION

Dec, 31, 2020 — W. VIRGINIA STATE CONVENTION CREDIT UNION is a federally insured state chartered credit union headquartered in Hilltop, WV with 1 branch location and about $303,267 in total assets. Opened 37 years ago in 1984, W. VIRGINIA STATE CONVENTION CREDIT UNION has about 191 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:W. VIRGINIA STATE CONVENTION CREDIT UNION
Address:
(Main Office)
PO Box 253
Hilltop, WV 25855
Phone:(304) 469-3737
Fax:(304) 469-3333
Website:n/a
Branches:1 branch locations
Members:191
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68112
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1984
Last Audited:Feb 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$303,267
CEO/Manager:Frances Jackson
Chairperson:Herman James

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 42,207
TOTAL INVESTMENTS 214,406
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 27,483
 Other Loans 15,593
 TOTAL LOANS 43,076
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,398
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 2,989
 All Other Assets 1,987
  TOTAL ASSETS 303,267
LIABILITIES & CAPITAL:  
 Dividends Payable 1,417
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,483
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 278,153
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 278,153
  TOTAL LIABILITIES 282,053
 Regular Reserve 15,776
 Other Reserves 0
 Undivided Earnings 5,438
  TOTAL EQUITY 21,214
  TOTAL LIABILITIES, SHARES, & EQUITY 303,267
INCOME & EXPENSE  
 Loan Income 322
 Investment Income 535
 Other Income 173
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,537
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,417
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,924
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