WHETELCO FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — WHETELCO FEDERAL CREDIT UNION is a federal credit union headquartered in WHEELING, WV with 1 branch location and about $2.70 million in total assets. Opened 64 years ago in 1960, WHETELCO FEDERAL CREDIT UNION has about 393 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WHETELCO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 54 14TH ST, BASEMENT WHEELING, WV 26003-3431 |
| Phone: | (304) 232-8123 |
| Fax: | (304) 232-6550 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 393 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13990 |
|---|---|
| Membership Type: | Service - Communications and Utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Jul 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,702,846 |
| CEO/Manager: | Lynne Teets |
| Chairperson: | Joseph P Pockl |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 752,418 |
| TOTAL INVESTMENTS | 1,333,126 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 114,318 |
| Other Loans | 483,331 |
| TOTAL LOANS | 597,649 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,994 |
| Land And Building | 0 |
| Other Fixed Assets | 5,253 |
| NCUSIF Deposit | 15,987 |
| All Other Assets | 5,407 |
| TOTAL ASSETS | 2,702,846 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 760 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,158,670 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,158,670 |
| TOTAL LIABILITIES | 1,159,430 |
| Regular Reserve | 379,500 |
| Other Reserves | 275,000 |
| Undivided Earnings | 888,916 |
| TOTAL EQUITY | 1,543,416 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,702,846 |
| INCOME & EXPENSE | |
| Loan Income | 27,802 |
| Investment Income | 26,938 |
| Other Income | 6,915 |
| Total Employee Compensation & Benefits | 21,515 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 32,083 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,099 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 6,958 |
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