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W. VIRGINIA STATE CONVENTION CREDIT UNION

Dec, 31, 2023 — W. VIRGINIA STATE CONVENTION CREDIT UNION is a federally insured state chartered credit union headquartered in HILLTOP, WV with 1 branch location and about $370,237 in total assets. Opened 40 years ago in 1984, W. VIRGINIA STATE CONVENTION CREDIT UNION has about 187 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 283
HILLTOP, WV 25855
Phone:(304) 469-3737
Fax:(304) 469-3333
Website:n/a
Branches:1 branch locations
Members:187
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:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$370,237
CEO/Manager:Frances Jackson
Chairperson:Herman James

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 58,867
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 27,147
 Other Loans 33,192
 TOTAL LOANS 60,339
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,509
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 2,848
 All Other Assets 0
  TOTAL ASSETS 370,237
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,000
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 342,930
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 342,930
  TOTAL LIABILITIES 343,930
 Regular Reserve 0
 Other Reserves 15,776
 Undivided Earnings 10,531
  TOTAL EQUITY 26,307
  TOTAL LIABILITIES, SHARES, & EQUITY 370,237
INCOME & EXPENSE  
 Loan Income 5,008
 Investment Income 7,244
 Other Income 1,760
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 9,091
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,316
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,605
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