Sep, 30, 2025 — MERCER COUNTY W VA TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in BLUEFIELD, WV with 1 branch location and about $26.54 million in total assets. Opened 72 years ago in 1954, MERCER COUNTY W VA TEACHERS FEDERAL CREDIT UNION has about 2,501 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MERCER COUNTY W VA TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 258 Blue Prince Rd Ste 102 BLUEFIELD, WV 24701-9672 |
| Phone: | (304) 323-3732 |
| Fax: | (304) 324-0163 |
| Website: | https://www.mctfcu.virtualcu.net |
| Branches: | 1 branch locations |
| Members: | 2,501 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9413 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $26,536,823 |
| CEO/Manager: | Timothy W Dillon |
| Chairperson: | Paula Brinkley-Simpkins |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,327,237 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,728,717 |
| Other Loans | 15,428,564 |
| TOTAL LOANS | 18,157,281 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -211,648 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 224,712 |
| All Other Assets | 0 |
| TOTAL ASSETS | 26,536,823 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 109,605 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,130,906 |
| Regular shares | 8,342,470 |
| All Other Shares & Deposits | 14,492,624 |
| TOTAL SHARES & DEPOSITS | 23,966,001 |
| TOTAL LIABILITIES | 24,075,606 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,461,217 |
| TOTAL EQUITY | 2,461,217 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 26,536,823 |
| INCOME & EXPENSE | |
| Loan Income | 971,517 |
| Investment Income | 178,890 |
| Other Income | 27,084 |
| Total Employee Compensation & Benefits | 247,777 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 172,223 |
| Non-operating Income & (Expense) | 24,401 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 116,138 |
| Cost of Funds | 449,544 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 216,210 |
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