Dec, 31, 2023 — KEMBA CHARLESTON FEDERAL CREDIT UNION is a federal credit union headquartered in DUNBAR, WV with 1 branch location and about $45.08 million in total assets. Opened 89 years ago in 1935, KEMBA CHARLESTON FEDERAL CREDIT UNION has about 3,698 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KEMBA CHARLESTON FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 1830 Roxalana Rd DUNBAR, WV 25064-2705 |
Phone: | (304) 768-5700 |
Fax: | (304) 768-5899 |
Website: | https://kembacharlestonfcu.org |
Branches: | 1 branch locations |
Members: | 3,698 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 108 |
---|---|
Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | May 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $45,084,721 |
CEO/Manager: | Joetta S Heck |
Chairperson: | Calvin Holden |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,618,975 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,477,332 |
Unsecured Loans | 848,158 |
Other Loans | 14,498,939 |
TOTAL LOANS | 17,824,429 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -222,275 |
Land And Building | 534,856 |
Other Fixed Assets | 29,550 |
NCUSIF Deposit | 365,824 |
All Other Assets | 0 |
TOTAL ASSETS | 45,084,721 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 282,986 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 491,252 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 4,856,384 |
Regular shares | 13,397,745 |
All Other Shares & Deposits | 17,581,721 |
TOTAL SHARES & DEPOSITS | 35,835,850 |
TOTAL LIABILITIES | 36,610,088 |
Regular Reserve | 0 |
Other Reserves | 833,047 |
Undivided Earnings | 7,641,586 |
TOTAL EQUITY | 8,474,633 |
TOTAL LIABILITIES, SHARES, & EQUITY | 45,084,721 |
INCOME & EXPENSE | |
Loan Income | 854,339 |
Investment Income | 526,433 |
Other Income | 66,782 |
Total Employee Compensation & Benefits | 610,942 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 540,309 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 30,040 |
Cost of Funds | 226,484 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 72,783 |
↑ Back to Top |