West Virginia Federal Credit Union
Overview / Commentary
West Virginia Federal Credit Union is headquartered in South Charleston and is the 7th largest credit union in the state of West Virginia. It is also the 1,492nd largest credit union in the nation. It was established in 1965 and as of December of 2019, it had grown to 27 employees and 8,263 members at 2 locations. West Virginia Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in, and businesses and other legal entities located in Kanawha, Putnam, Cabell, Wayne, Lincoln and Boone counties of West Virginia.
See current membership details
Health
B+
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 17057 |
| Year Chartered | 1965 |
| Employees | 27 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.84% |
| Return on Equity - YTD | 5.29% |
| Annual Interest Income | $4.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $119.8MM$123.9MM |
| Loans | Q4 2019vs Q4 2018 | $76.9MM$83.3MM |
| Deposits | Q4 2019vs Q4 2018 | $100.4MM$105.7MM |
| Equity Capital | Q4 2019vs Q4 2018 | $19.0MM$17.9MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $763.00K$793.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $1.0MM$720.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $399.00K$260.00K |