South Charleston Employees Federal Credit Union
South Charleston Employees Federal Credit Union
Overview / Commentary
South Charleston Employees Federal Credit Union is headquartered in South Charleston and is the 47th largest credit union in the state of West Virginia. It is also the 3,407th largest credit union in the nation. It was established in 1965 and as of March of 2025, it had grown to 4 employees and 1,222 members at 1 location. South Charleston Employees Federal Credit Union has a B health rating.
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. South Charleston Employees Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 16989 |
| Year Chartered | 1965 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.77% |
| Return on Equity - YTD | 1.36% |
| Annual Interest Income | $139K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $14.7MM$15.2MM |
| Loans | Q1 2025vs Q1 2024 | $4.8MM$4.8MM |
| Deposits | Q1 2025vs Q1 2024 | $6.3MM$6.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $8.4MM$8.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $38K$34K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $121K$116K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |