| Credit Union Charter #11836

Bayer Heritage

West Virginia JSON

Institution Profile

Address: 788 N State Route 2 New Martinsvill, WV 26155

(304) 455-4029

Website:

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NCUA Profile:

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Charter Date:

6/15/1957

Charter Type:

Federal

Branches:

11

Branches by Region
WV 5 SC 3 PA 1 OH 1 TX 1

Financial Overview

Total Assets
$786.17M
Total Deposits
$707.90M
Total Loans
$609.24M
Members
44,213
Employees
159 150 Full-time / 9 Part-time
Allowance for Loan Losses
$8.42M

Performance Ratios

Net Worth Ratio
9.71%
Loan-to-Deposit Ratio
86.06%
Coverage Ratio
1.38% Allowance / Total Loans

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: +48.97% Total Deposits: +48.95% Total Loans: +41.33% since 2020 Q1

Member Growth

Member Growth

Members: +25.00% since 2020 Q1

Employee Growth

Employee Growth

Employees: -2.45% since 2020 Q1

Loan Originations

New loans granted per quarter (calculated from YTD figures)

Loans This Year (YTD)
8,193
Amount This Year (YTD)
$178.74M

Number of Loans per Quarter

Loans Granted: -16.40% since 2020 Q1

Loan Amount per Quarter

Amount Granted: +3.35% since 2020 Q1

Loan Portfolio Breakdown

Current outstanding balances by loan type

1st Mortgages
$204.23M 33.5%
Used Vehicle
$197.41M 32.4%
CRE: Non-Owner-Occupied
$41.66M 6.8%
Other Secured
$39.73M 6.5%
New Vehicle
$33.37M 5.5%
Other Unsecured
$20.79M 3.4%
CRE: Owner-Occupied
$19.52M 3.2%
HELOCs
$15.93M 2.6%
Credit Card
$14.22M 2.3%
CRE: Multifamily
$10.03M 1.6%
CRE: Construction
$6.85M 1.1%
Commercial & Industrial
$4.34M 0.7%
Commercial Unsecured
$1.17M 0.2%
Unaccounted
$1 0.0%

Portfolio Distribution

Historical Data Table

QuarterMembersTotal AssetsTotal DepositsTotal LoansEmployees
2025 Q4 44,213 $786.17M $707.90M $609.24M 159
2025 Q3 44,213 $781.37M $703.59M $613.90M 156
2025 Q2 44,213 $773.38M $700.64M $608.46M 158
2025 Q1 43,911 $769.03M $696.50M $607.66M 160
2024 Q4 43,911 $769.21M $697.67M $611.02M 157
2024 Q3 43,911 $869.11M $798.11M $608.82M 155
2024 Q2 43,608 $871.97M $802.60M $601.26M 156
2024 Q1 42,914 $876.04M $807.02M $596.35M 163
2023 Q4 42,879 $857.12M $790.73M $596.86M 155
2023 Q3 41,608 $736.87M $658.13M $605.17M 159
2023 Q2 40,971 $726.62M $663.65M $588.55M 159
2023 Q1 38,763 $735.66M $674.15M $568.31M 161
2022 Q4 39,159 $699.50M $637.97M $561.09M 156
2022 Q3 38,763 $685.12M $615.63M $543.13M 160
2022 Q2 38,349 $675.65M $618.00M $516.19M 161
2022 Q1 38,605 $668.81M $610.98M $493.19M 157
2021 Q4 37,732 $655.16M $594.74M $488.19M 158
2021 Q3 36,209 $620.03M $561.30M $472.88M 162
2021 Q2 35,936 $608.30M $551.03M $456.45M 159
2021 Q1 35,677 $609.41M $551.18M $449.52M 158
2020 Q4 35,399 $576.63M $520.34M $450.42M 160
2020 Q3 35,193 $559.02M $505.12M $439.14M 161
2020 Q2 35,299 $555.72M $502.80M $437.67M 160
2020 Q1 35,369 $527.74M $475.28M $431.08M 163

Interest Rates

Current average rates by loan type

New Vehicle
2.99%
Used Vehicle
5.74%
1st Mortgage (Fixed)
3.00%
HELOC
8.00%
Credit Card
9.25%
Other Unsecured
12.25%