West Virginia

REGULATING AGENCY: West Virginia Division of Financial Institutions

West Virginia Capitol

LEAGUE: West Virginia Credit Union League

PRIVATE SHARE INSURANCE: No

STATS: (As of Q4 2021)

Total Number of Credit Unions: 82

  • TOTAL # SCUs: 3
  • TOTAL # FCUs: 79
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 4%

Total Assets: $4,640,218,297

  • TOTAL $ SCU ASSETS: $96,319,342
  • TOTAL $ FCU ASSETS: $4,543,898,955
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 2%

Total Members: 378,563

  • TOTAL Members SCUs: 8,808
  • TOTAL Members FCUs: 369,755
  • SCU % OF TOTAL (SCUS/STATE TOAL): 2%

FUN FACT: William Tompkins used natural gas to evaporate salt brine in 1841, thus becoming the first person in the United States to use natural gas for industrial purposes.


RECENT NEWS

Nutter Fort Native Named Chair of State Credit Union League Board

September 26, 2021 — Mike Tucker, president and CEO of West Virginia Central FCU, Parkersburg, was elected chairman of the West Virginia Credit Union League board of directors.

Tucker, a native of Nutter Fort, previously served as the League’s secretary and is chairman of the West Virginia League Services Corporation board. Tucker succeeded Joetta Heck, Kemba Charleston FCU, Dunbar, who has served two terms as chairman.

“It is an honor to have the opportunity to help lead the West Virginia credit union movement as chairman of the West Virginia Credit Union League,” Tucker said. “There are no finer organizations than the not-for-profit credit unions, who are working on behalf of their members and their communities. I look forward to working with League staff and especially League President Rich Schaffer to assure that the credit union movement in West Virginia continues to shine and succeed in improving the lives of all credit union members.”

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