WEDEVELOPMENT Credit Union Profile

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WEDEVELOPMENT

Charter #24937 | NCUA Region 3 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (816) 401-4979

Fax:

Founding Date: N/A

Website: https://www.wedevelopmentfcu.com/

Personnel & Operations

President:

Manager: Webster, Ajamu

FT Employees: 3

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 1

Hours: 8:30 am- 5:15 pm Mon thru Friday. One Satur

Credit Union Profile Summary

WEDEVELOPMENT is a FCU Credit Union. With a total of 611 members [1], this institution manages approximately $2,752,058 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 4.41% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 100.63% [1].

Financial Snapshot

Total Assets [1]
$2,752,058

Total economic resources.

Total Loans [1]
$1,623,052

Total value of outstanding loans.

Total Deposits [1]
$2,623,121

Total funds deposited by members.

Members [1]
611

Number of active members.

Performance Ratios

Net Worth Ratio [1]
4.41%

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]
-20.86%

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

Loan-to-Share Ratio [1]
61.87%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
1.96%

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

Loan Growth (4Q) [1]
100.63%

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

Member Growth (4Q) [1]
51.99%

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

Headquarters Location & Map

Headquarters Address

3123 Prospect Ave

Kansas City, MO, 64128

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 1 branches reported by WEDEVELOPMENT (Charter #24937).

Main Office

3123 Prospect Ave Main Office

Type: Corporate Office

3123 Prospect Ave

Kansas City, MO 64128

Phone: (816) 401-4979

Services: Member Services, ATM

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