WELCOME Credit Union Profile

Showing details for WELCOME Credit Union.

Home > NC > WELCOME

WELCOME

Charter #24807 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (919) 474-3240

Fax: (919) 474-0562

Founding Date: N/A

Website: http://www.welcomecu.org

Personnel & Operations

President: Hamedani, Abbasali

Manager: Mills, Stacey

FT Employees: 21

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 49

Branches: 4

Hours: 8:30 A.M.-4:30 P.M. MONDAY-FRIDAY

Credit Union Profile Summary

WELCOME is a FCU Credit Union. With a total of 6,421 members [1], this institution manages approximately $91,991,921 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 12.89% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -10.78% [1].

Financial Snapshot

Total Assets [1]
$91,991,921

Total economic resources.

Total Loans [1]
$47,238,162

Total value of outstanding loans.

Total Deposits [1]
$79,023,446

Total funds deposited by members.

Members [1]
6,421

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.89%

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]
0.38%

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

Loan-to-Share Ratio [1]
59.78%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -1.29%

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

Loan Growth (4Q) [1]
↓ -10.78%

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

Member Growth (4Q) [1]
↓ -4.94%

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

Headquarters Location & Map

Headquarters Address

10810 CHAPEL HILL RD

MORRISVILLE, NC, 27560
Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 6 branches reported by WELCOME (Charter #24807).

Main Office

Main Branch Main Office

Type: Corporate Office

10810 Chapel Hill Rd

Morrisville, NC 27560

Phone: (919) 474-3240

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Greenville

Greenville Branch

Type: Branch Office

3600 Charles Blvd

Greenville, NC 27858-8077

Phone: (252) 758-3279

Services: Member Services, ATM, Drive-Thru

Open in Directions

Henderson

Henderson Branch

Type: Branch Office

620 Facet Rd

Henderson, NC 27537-5479

Phone: (252) 430-3655

Services: Member Services

Open in Directions

Rtp

Moore Drive Branch

Type: Branch Office

5 Moore Dr

Sanders 17.1379

Rtp, NC 27709-0143

Phone: (919) 483-8844

Services: Member Services

Open in Directions

Zebulon

Zebulon Branch

Type: Branch Office

125 E Gannon Ave

Zebulon, NC 27597

Phone: (919) 404-4747

Services: Member Services, ATM, Drive-Thru

Open in Directions

Zebulon Branch-GSK

Type: Branch Office

1011 N Arendell Ave

Zebulon, NC 27597-2309

Phone: (919) 269-1225

Services: Member Services

Open in Directions