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MOUNTAIN EMPIRE FEDERAL CREDIT UNION

Sep, 30, 2025 — MOUNTAIN EMPIRE FEDERAL CREDIT UNION is a federal credit union headquartered in MARION, VA with 1 branch location and about $24.41 million in total assets. Opened 74 years ago in 1952, MOUNTAIN EMPIRE FEDERAL CREDIT UNION has about 3,986 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.


ABA Routing Number: 251481148
Name:MOUNTAIN EMPIRE FEDERAL CREDIT UNION
Address:
(Main Office)
1413 N MAIN ST-++
MARION, VA 24354-4315
Phone:(276) 782-9639
Fax:(276) 783-9303
Website:https://www.mountainempirefcu.org
Branches:1 branch locations
Members:3,986
Credit Union Type:Federal Credit Union
Charter Number:8197
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1952
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$24,414,672
CEO/Manager:JEANNIE P HUNT
Chairperson:AMANDA CURRIN

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,617,484
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,232,482
 Unsecured Loans 1,219,532
 Other Loans 9,466,306
 TOTAL LOANS 12,918,320
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -22,376
 Land And Building 363,749
 Other Fixed Assets 49,081
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 198,209
 All Other Assets 3,846
  TOTAL ASSETS 24,414,672
LIABILITIES & CAPITAL:  
 Dividends Payable 7,184
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 347,113
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,145,619
 Regular shares 15,599,642
 All Other Shares & Deposits 2,166,017
  TOTAL SHARES & DEPOSITS 21,911,278
  TOTAL LIABILITIES 22,265,575
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,149,097
  TOTAL EQUITY 2,149,097
  TOTAL LIABILITIES, SHARES, & EQUITY 24,414,672
INCOME & EXPENSE  
 Loan Income 483,342
 Investment Income 64,584
 Other Income 122,489
 Total Employee Compensation & Benefits 347,990
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 330,632
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 17,073
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 101,785
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