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Overview / Commentary
3312 Dudley Ave
Parkersburg, WV 26104-1812

Wee Credit Union is headquartered in Parkersburg and is the 41st largest credit union in the state of West Virginia. It is also the 3,949th largest credit union in the nation. It was established in 1961 and as of March of 2014, it had grown to 5 employees and 1,876 members. Wee Credit Union has a B+ health rating.

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Wee Credit Union has a low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Wee Credit Union had $55,000 in non-current loans and owned real-estate with $1.72 million in equity and loan loss allowances on hand to cover it. This gives Wee Credit Union a Texas Ratio of 3.20% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Wee Credit Union decreased dramatically from 5.10% as of March 31, 2013 to 3.20% as of March 31, 2014, resulting in a positive change of 37.25%.This indicates that the balance sheet and financial strength for Wee Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Wee Credit Union has increased its total deposits by $982,000, resulting in 8.09% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Wee Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Wee Credit Union has $14.92 million in assets with $1.72 million in equity, resulting in a capitalization level of 11.51%, which is excellent.

Institution Statistics

NCUA #14257
Year Chartered1961
Primary Regulator
Assets and Liabilities
Assets$14.92 million
Loans$6.23 million
Deposits$13.12 million
Equity Capital$1.67 million
Loan Loss Allowance$43,000
Unbacked Noncurrent Loans$55,000
Real Estate Owned$0
Historic Data - March 2013
Assets$13.87 million
Equity Capital$1.59 million
Loan Loss Allowance$37,000
Unbacked Noncurrent Loans$55,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.62%
Return on Equity5.5%
Interest Income$118,000

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Wee Credit Union Locations
Branch Office3312 Dudley AveParkersburg, WV 26104-1812