Overview / Commentary
Long Reach Federal Credit Union is headquartered in Middlebourne and is the 7th largest credit union in the state of West Virginia. It is also the 1,548th largest credit union in the nation. It was established in 1975 and as of December of 2022, it had grown to 27 employees and 8,795 members at 4 locations. Long Reach Federal Credit Union has an A health rating.
Field of Membership Restrictions
Long Reach Federal Credit Union is open to businesses and those who live, work, worship, or go to school in Doddridge, Pleasants, Ritchie, or Tyler counties.
See current membership details
Health
A
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 22241 |
| Year Chartered | 1975 |
| Employees | 27 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.51% |
| Return on Equity - YTD | 16.19% |
| Annual Interest Income | $4.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $138.1MM$117.3MM |
| Loans | Q4 2022vs Q4 2021 | $91.8MM$77.6MM |
| Deposits | Q4 2022vs Q4 2021 | $125.3MM$106.5MM |
| Equity Capital | Q4 2022vs Q4 2021 | $12.7MM$10.6MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $455.00K$657.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $447.00K$491.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |