ELEMENT Credit Union Profile

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ELEMENT

Charter #23162 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (304) 721-4145

Fax: (304) 342-3147

Founding Date: N/A

Website: http://www.elementfcu.org

Personnel & Operations

President: Looney, Stephan

Manager: Bodie, Linda

FT Employees: 14

PT Employees: 6

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 36

Branches: 4

Hours: 8:00 am - 4:30 pm T,W,Th 8:00 am - 5:30 pm

Credit Union Profile Summary

ELEMENT is a FCU Credit Union. With a total of 4,441 members [1], this institution manages approximately $78,671,618 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 12.27% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -4.60% [1].

Financial Snapshot

Total Assets [1]
$78,671,618

Total economic resources.

Total Loans [1]
$32,048,290

Total value of outstanding loans.

Total Deposits [1]
$67,962,613

Total funds deposited by members.

Members [1]
4,441

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.27%

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]
1.94%

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

Loan-to-Share Ratio [1]
47.16%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 20.63%

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

Loan Growth (4Q) [1]
↓ -4.60%

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

Member Growth (4Q) [1]
↓ -1.33%

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

Headquarters Location & Map

Headquarters Address

3418 MacCorkle Ave SE

Charleston, WV, 25304
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 3 branches reported by ELEMENT (Charter #23162).

Main Office

Kanawha City Main Office

Type: Corporate Office

3418 MacCorkle Ave SE

Charleston, WV 25304

Phone: (304) 721-4145

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Charleston

Charleston

Type: Branch Office

350 Capitol St Rm 156

Charleston, WV 25301

Phone: (304) 721-4145

Services: Member Services, ATM

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South Charleston

South Charleston

Type: Branch Office

323 2nd Ave

South Charleston, WV 25303-1213

Phone: (304) 553-7351

Services: Member Services, ATM, Drive-Thru

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