| Credit Union Charter #18142

City of Fairmont

West Virginia JSON

Institution Profile

Address: P.O. Box 868 Fairmont, WV 26554

(304) 366-9280

NCUA Profile:

View on NCUA →

Charter Date:

5/23/1967

Charter Type:

Federal

Branches:

1

Branches by Region
WV 1

Financial Overview

Total Assets
$1.41M
Total Deposits
$1.26M
Total Loans
$850,968
Members
330
Employees
4 0 Full-time / 4 Part-time
Allowance for Loan Losses
$38,737

Performance Ratios

Net Worth Ratio
9.95%
Loan-to-Deposit Ratio
67.36%
Coverage Ratio
4.55% Allowance / Total Loans

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: +15.16% Total Deposits: +16.45% Total Loans: +22.66% since 2020 Q1

Member Growth

Member Growth

Members: -0.60% since 2020 Q1

Employee Growth

Employee Growth

Employees: +100.00% since 2020 Q1

Loan Originations

New loans granted per quarter (calculated from YTD figures)

Loans This Year (YTD)
25
Amount This Year (YTD)
$93,340

Number of Loans per Quarter

Loans Granted: -211.11% since 2020 Q1

Loan Amount per Quarter

Amount Granted: -503.94% since 2020 Q1

Loan Portfolio Breakdown

Current outstanding balances by loan type

New Vehicle
$319,757 37.6%
Used Vehicle
$311,514 36.6%
Other Unsecured
$198,705 23.4%
Other Secured
$20,992 2.5%

Portfolio Distribution

Historical Data Table

QuarterMembersTotal AssetsTotal DepositsTotal LoansEmployees
2025 Q4 330 $1.41M $1.26M $850,968 4
2025 Q3 336 $1.39M $1.24M $873,759 4
2025 Q2 324 $1.40M $1.26M $873,964 4
2025 Q1 330 $1.36M $1.21M $924,224 3
2024 Q4 328 $1.35M $1.21M $897,100 3
2024 Q3 328 $1.40M $1.23M $965,271 3
2024 Q2 327 $1.37M $1.21M $965,310 3
2024 Q1 328 $1.34M $1.18M $1.01M 3
2023 Q4 328 $1.27M $1.11M $922,029 2
2023 Q3 324 $1.26M $1.09M $840,202 2
2023 Q2 327 $1.31M $1.14M $879,091 2
2023 Q1 323 $1.30M $1.14M $952,216 2
2022 Q4 326 $1.29M $1.13M $953,715 2
2022 Q3 324 $1.48M $1.31M $986,185 2
2022 Q2 325 $1.50M $1.34M $957,701 2
2022 Q1 324 $1.57M $1.41M $957,186 2
2021 Q4 326 $1.51M $1.36M $900,478 2
2021 Q3 331 $1.53M $1.38M $958,275 2
2021 Q2 325 $1.48M $1.33M $963,866 2
2021 Q1 331 $1.45M $1.31M $892,575 2
2020 Q4 329 $1.37M $1.23M $779,162 2
2020 Q3 332 $1.35M $1.22M $776,429 2
2020 Q2 332 $1.30M $1.16M $709,884 2
2020 Q1 332 $1.22M $1.08M $693,773 2

Interest Rates

Current average rates by loan type

New Vehicle
4.00%
Used Vehicle
6.00%
Other Unsecured
10.00%