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W. VIRGINIA STATE CONVENTION CREDIT UNION

Jun, 30, 2021 — W. VIRGINIA STATE CONVENTION CREDIT UNION is a federally insured state chartered credit union headquartered in Hilltop, WV with 1 branch location and about $310,423 in total assets. Opened 37 years ago in 1984, W. VIRGINIA STATE CONVENTION CREDIT UNION has about 194 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:194
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:Apr 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$310,423
CEO/Manager:Frances Jackson
Chairperson:Herman James

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 71,826
TOTAL INVESTMENTS 214,539
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 9,215
 Other Loans 12,376
 TOTAL LOANS 21,591
 (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 2,782
 All Other Assets 1,083
  TOTAL ASSETS 310,423
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 833
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 287,947
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 287,947
  TOTAL LIABILITIES 288,780
 Regular Reserve 15,776
 Other Reserves 0
 Undivided Earnings 5,867
  TOTAL EQUITY 21,643
  TOTAL LIABILITIES, SHARES, & EQUITY 310,423
INCOME & EXPENSE  
 Loan Income 210
 Investment Income 255
 Other Income 60
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 931
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -406
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