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 | |