Overview / Commentary
Charleston Federal Credit Union is headquartered in CHARLESTON and is the 48th largest credit union in the state of West Virginia. It is also the 3,412th largest credit union in the nation. It was established in 1959 and as of March of 2025, it had grown to 2 employees and 1,240 members at 1 location. Charleston Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Charleston Federal Credit Union is open to employees of the federal government (excluding IRS, Postal, or the Department of Health, Education and Welfare) who work or are supervised from Kanawha Valley, The University of Charleston, Charleston Job Corp, Goodwill, Ind., or Northern Management who work in the Robert C. Byrd Federal Courthouse.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Charleston Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 12922 |
| Year Chartered | 1959 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.51% |
| Return on Equity - YTD | 10.87% |
| Annual Interest Income | $169K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $14.6MM$13.1MM |
| Loans | Q1 2025vs Q1 2024 | $9.5MM$8.5MM |
| Deposits | Q1 2025vs Q1 2024 | $12.6MM$11.3MM |
| Equity Capital | Q1 2025vs Q1 2024 | $2MM$1.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $122K$88K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $71K$110K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |