ROMNEY Credit Union Profile

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ROMNEY

Charter #10301 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (304) 822-3116

Fax: (304) 822-3116

Founding Date: N/A

Website: http://www.romneyfcu.com

Personnel & Operations

President: Cowgill, Douglas

Manager: McDonald, Beth

FT Employees: 5

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 1

Hours: M-T 9:00 AM - 4:00 PM F 9:00 AM - 6:

Credit Union Profile Summary

ROMNEY is a FCU Credit Union. With a total of 1,569 members [1], this institution manages approximately $13,721,834 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.77% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -0.25% [1].

Financial Snapshot

Total Assets [1]
$13,721,834

Total economic resources.

Total Loans [1]
$11,069,999

Total value of outstanding loans.

Total Deposits [1]
$12,381,766

Total funds deposited by members.

Members [1]
1,569

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.77%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.55%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
89.41%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
6.93%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-0.25%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
5.09%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

62 W MAIN ST

ROMNEY, WV, 26757-1638

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by ROMNEY (Charter #10301).

Main Office

Romney Federal Credit Union Main Office

Type: Corporate Office

62 W Main St

Romney, WV 26757-1638

Phone: (304) 822-3116

Services: Member Services

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