Dec, 31, 2021 — METRO COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 1 branch location and about $39.85 million in total assets. Opened 69 years ago in 1953, METRO COMMUNITY FEDERAL CREDIT UNION has about 3,113 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | METRO COMMUNITY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 215 18th St HUNTINGTON, WV 25703 |
Phone: | (304) 697-4652 |
Fax: | (304) 697-2183 |
Website: | www.metrocommunityfcu.com |
Branches: | 1 branch locations |
Members: | 3,113 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 8791 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $39,849,794 |
CEO/Manager: | Robert Whitley |
Chairperson: | Patricia Leinen |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 5,147,592 |
TOTAL INVESTMENTS | 19,740,000 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,905,761 |
Unsecured Loans | 1,164,527 |
Other Loans | 9,241,465 |
TOTAL LOANS | 14,311,753 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -94,318 |
Land And Building | 207,287 |
Other Fixed Assets | 8,310 |
NCUSIF Deposit | 327,121 |
All Other Assets | 202,049 |
TOTAL ASSETS | 39,849,794 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 258,268 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,471,834 |
Regular shares | 24,371,670 |
All Other Shares & Deposits | 6,849,345 |
TOTAL SHARES & DEPOSITS | 36,692,849 |
TOTAL LIABILITIES | 36,951,117 |
Regular Reserve | 879,793 |
Other Reserves | 0 |
Undivided Earnings | 2,018,884 |
TOTAL EQUITY | 2,898,677 |
TOTAL LIABILITIES, SHARES, & EQUITY | 39,849,794 |
INCOME & EXPENSE | |
Loan Income | 690,621 |
Investment Income | 332,947 |
Other Income | 106,480 |
Total Employee Compensation & Benefits | 460,314 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 654,629 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 42,427 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 170,336 |
↑ Back to Top |