Dec, 31, 2023 — C C M H FEDERAL CREDIT UNION is a federal credit union headquartered in PARKERSBURG, WV with 1 branch location and about $5.79 million in total assets. Opened 52 years ago in 1972, C C M H FEDERAL CREDIT UNION has about 1,019 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | C C M H FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 801 Ann St PARKERSBURG, WV 26101 |
| Phone: | (304) 424-2255 |
| Fax: | (304) 424-2410 |
| Website: | https://www.ccmhfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,019 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 21057 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1972 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,789,663 |
| CEO/Manager: | Annette M Cox |
| Chairperson: | Robert Beaver |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 665,103 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,188,313 |
| Other Loans | 3,332,565 |
| TOTAL LOANS | 4,520,878 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,007 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 58,785 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,789,663 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,520 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 964,943 |
| Regular shares | 3,594,621 |
| All Other Shares & Deposits | 641,972 |
| TOTAL SHARES & DEPOSITS | 5,201,536 |
| TOTAL LIABILITIES | 5,207,056 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 582,607 |
| TOTAL EQUITY | 582,607 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,789,663 |
| INCOME & EXPENSE | |
| Loan Income | 202,365 |
| Investment Income | 18,295 |
| Other Income | 76,073 |
| Total Employee Compensation & Benefits | 153,126 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 122,188 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,823 |
| Cost of Funds | 9,370 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 10,000 |
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