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WEST VIRGINIA PUBLIC EMPLOYEES

CHARLESTON, WVEIN: 55-0613214Website

Data sourced from IRS 990 public filings

WEST VIRGINIA PUBLIC EMPLOYEES What we offer Loan Rates Online Banking Savings Rates Mortgage Loans Go to “specials” under the Rates tab for current promotions and offers Click here to see our special rates MEMBER NOTICE: Zelle is now available, Enroll Today! This cell phone payment service is under the “E-Services” tab. However, before you enroll, go to the “Information” tab, Educational Videos and click on the Zelle video tutorial. For Zelle to operate successfully, your information must be accurate (email address, mobile number, etc.) and it must match what you input with the “bill payment” service. Please confirm your information is accurate. Zelle does not work with land lines. About the SCU The West Virginia Public Employees Credit Union, also known as the “The State Credit Union” was chartered in 1981 to serve exclusively the “State” employees. Members must meet eligibility requirements which can be found under “information”. Therefore, by not being open to the public, the credit union is able and willing to provide individual service for all members. The credit union is regulated by the West Virginia Division of Financial Institutions and the National Credit Union Association (NCUA). Just as banks have FDIC insurance of $250,000, the NCUA provides coverage of up to $250,000 for credit unions. The credit union does not have shareholders and is considered a non-profit organization that is not driven by profits. Profits are returned to the members in the form of higher dividends on deposits and lower interest rates on loans. The privilege of joining the credit union is truly an “employee benefit” and your participation continues to grow and prosper. Member support over the years has allowed us to provide up to date products and services that compare with larger institutions. The State Credit Union is one of the largest member-based credit unions in the state and has remained safe and sound and is considered “well capitalized” under financial standards. Thus, the State Credit Union is considered the primary financial institution for thousands of state, county, municipal employees and their families. Officials for the credit union are elected by the membership annually. All officers and committee members are volunteers and only employees are paid. Assets exceed $80 million and members exceed 8,500 throughout the 55 counties. If you’re not already a member, you owe it to yourself to review the benefits available. We’re Your State Credit Union! SCU at a glance Assets $86,500,000 Loans $48,000,000 Shares $73,500,000 Net Worth $13,000,000 2026 Holiday Calendar

Local (City/County Level)
Direct Service Delivery
General Population
Community & Economic Development

Annual Revenue

$4,817,849

Known Funders

0

Grants Received

0

Financial History

YearRevenueExpensesAssets
2024$4,817,849$3,350,123$86,965,160
2023$4,053,634$3,019,033$83,859,746
2022$3,405,127$2,597,908$87,564,832
2021$3,195,725$2,529,456$86,818,333
2020$3,302,604$2,496,318$81,234,031
2019$3,406,016$2,497,788$70,079,579
2018$3,146,090$2,675,139$68,241,393
2017$3,044,021$2,182,240$67,491,678

Top Funders

No funder data available yet for this nonprofit.

Key Personnel

From 2024 IRS 990 filing

B

BRENT GRAY

CEO

Officer
K

KARL SHANHOLTZER

PRESIDENT

Officer
C

CHARLES MCDANIEL

VICE-PRESIDE

Officer
D

DAVID FLETCHER

TREASURER

Officer
J

JOHN SMOLDER

SECRETARY

Officer
R

ROBERT MALLORY

DIRECTOR

Frequently Asked Questions

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