JACKSON RIVER COMMUNITY CREDIT UNION
347 N Court Ave, Covington, VA 24426 www.jacksonrivcommcu.org

Total Revenue
$3,329,470
Total Expenses
$2,531,476
Net Assets
$83,316,124

Organizations Filed Purposes: Credit Unions exist to offer an array of financial services at no or minimal costs to it's members. The credit union strives to keep fees and cost of services to a minimum. Services include but are not limited to: savings and checking accounts, certificates of deposits, IRAs, consumer loans and mortgages.

Loans - include interest received from credit card programs, mortgages, personal and vehicle loans (both in-house and through the dealer indirect lending program). Each member is considered and approved for a loan based on a board approved policy. All members, regardless of account balance, must demonstrate ability to repay, willingness to repay and be credit worth based on the credit union's loan policy.

Fee Income - fees charged to members. While the credit union strives to maintain a low fee rate schedule, some fees are needed. Fees, in many cases, can be avoided. These fees include non-sufficient funds fee, negative overdraft fees, late payment fees and dormant fees. Other fees charged for cu services include safe deposit box rental fees, stop payment fees and wire fees. Of the $832,741, $332,264 is Visa Check Card - Interchange Income. This amount is offset by $311,578 in Visa Check Card expenses.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Kathleen AllCEO45$184,350
Roger StoverBoard Member1$0
James Birchfield SrBoard Member1$0
Cindy FoxTreasurer of the Board1$0
Andra FridleySecretary of the Board1$0
David VestVice Chairman of the Board1$0
Hunter FridleyChairman of the Board1$0
Earl McclungBoard Member1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202020669349301007_public.xml