Jun, 30, 2023 — METRO COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 1 branch location and about $41.68 million in total assets. Opened 70 years ago in 1953, METRO COMMUNITY FEDERAL CREDIT UNION has about 3,191 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: | 3,191 |
| 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: | $41,675,147 |
| CEO/Manager: | Robert Whitley |
| Chairperson: | William Bartlett |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,456,409 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,623,687 |
| Unsecured Loans | 1,212,339 |
| Other Loans | 10,796,988 |
| TOTAL LOANS | 16,633,014 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -94,150 |
| Land And Building | 186,763 |
| Other Fixed Assets | 5,643 |
| NCUSIF Deposit | 359,256 |
| All Other Assets | 0 |
| TOTAL ASSETS | 41,675,147 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 247,050 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,409,443 |
| Regular shares | 26,046,181 |
| All Other Shares & Deposits | 6,895,292 |
| TOTAL SHARES & DEPOSITS | 38,350,916 |
| TOTAL LIABILITIES | 38,597,966 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,077,181 |
| TOTAL EQUITY | 3,077,181 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 41,675,147 |
| INCOME & EXPENSE | |
| Loan Income | 626,302 |
| Investment Income | 240,996 |
| Other Income | 107,320 |
| Total Employee Compensation & Benefits | 308,686 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 595,829 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 33,988 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 178,866 |
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