Element Federal Credit Union

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A short history of Element FCU

Since its inception in 1978 the Element Federal Credit Union has been serving its members in the CHARLESTON, West Virginia area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Linda Bodie, the Element FCU has grown its membership to over 4,471 with assets of more than $30,082,904. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (304) 721-4145 or email them at mail@wvunited.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CHARLESTON, WV.

General Information For Element FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 23162
Address 3418 MACCORKLE AVE SE 
State West Virginia 
Zip-Code 25304
Phone Number (304) 721-4145
Fax Number (304) 342-3147
Email Address: mail@wvunited.org
CEO/President Linda Bodie
Members 4,471 
Full-Time Employees 15 
Part-Time Employees
Number of Branch Offices
Total Assets 30,082,904 
Website http://www.elementfcu.org 

Compare Element Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Camc CU CAMC Federal Credit Union 3400 MacCorkle Ave SE 25304 (304) 388-5700 No 3.22
The State CU 2200 WASHINGTON STREET E 2200 WASHINGTON ST E 25305 (304) 558-0566 No 3.79
Cha-tel CU Cha Tel 1500 Maccorkle Ave SE 25314 (304) 344-3330 No 4.01
Pioneer West Virginia CU Guyandotte 416 Main St 25702 (304) 348-6648 No 4.40
Local No. 317 I.a.f.f. CU Main Branch 205A Tennessee Ave 25337 (304) 345-9790 No 4.61

Element Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Element Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.46 4.20 5.45 N/A 4.13
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 293 305 379 N/A 119
Rank Among All West Virginia Credit Unions 12 31 34 N/A 7

Element Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.25 1.17 0.90
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 105 139 171
Rank Among All West Virginia Credit Unions N/A 23 6 10 12
Element Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.460497852,906
All Other Unsecured Loans/Lines of Credit 13.8601,2262,988,358
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.2002864,519,907
Used Vehicle Loans 5.4501,40214,760,010
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 4.1301193,418,244
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 0.00000
TOTAL LOANS & LEASES 3,53026,539,425

Element Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 0000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 1193,418,244291,016,922
TOTALS 1193,418,244291,016,922


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Element Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes