About Us
Shared Mission
WNC Community Credit Union is dedicated to better serving the individuals and families in our western North Carolina community. Friendly, smiling faces are always working hard to provide you with the right financial services to succeed in today’s fast-paced world.
Our members are treated with dignity, respect, and personal service because the opportunity to serve the people of Western North Carolina is truly an honor rather than a job. WNC Community Credit Union has consistently been able to respond to the financial needs of our community because we take the time and care to fully understand the financial needs of each member. It’s a mission we all share because we’re members just like you.
Local Legacy
WNC Community Credit Union was established in 1946 as Thoroughbred Credit Union, later changing it’s name to Dayco Credit Union. Our mission was to serve the employees of the Dayco plant in Waynesville, NC. With a plant closure eminent, Dayco Credit Union applied for and received a community charter from the state of North Carolina, thus opening membership to anyone living or working in Haywood or Jackson county. In 1997, the former Dayco Credit Union became WNC Community Credit Union (WNCCCU).
Board of Directors
For WNC Community Credit Union
| Name | Position |
|---|---|
| Bobby Capps | President |
| David Sutton | Vice President |
| Bobby Cogdill | Secretary & Treasurer |
| Randal Crawford | Member |
| Steve Plemmons | Member |
| Martha Woody | Member |
| Roger Wright | Member |
Statement of Condition As of 12/31/22
| ASSETS: | |
|---|---|
| Simple Interest Loans | $44,490,462.75 |
| Loans in Liquidation | $66,000.00 |
| Allow for Loan Loss | ($73,706.75) |
| Cash Vault/Bank | $1,098,838.88 |
| Investments | $34,896,969.12 |
| Other Insurance (457 f) | $3,354,292.00 |
| Other Assets (NCUA) | $664,164.89 |
| Prepaid/Deferred Expenses | $91,197.44 |
| Land/Building (net of depreciation) | $1,576,171.26 |
| Furn/Fixtures (net of depreciation) | $77,869.81 |
| Accrued Interest Receivable | $157,176.31 |
| Total ASSETS | $86,399,435.71 |
| LIABILITIES: | |
| Shares | $54,415,381.03 |
| Escrow | $270,990.07 |
| Christmas Club | $11,795.00 |
| Sharedraft Accounts | $5,715,653.88 |
| Guaranty Fund | $2,750,000.00 |
| IRA Shares/Roth IRA | $12,340,524.60 |
| Certificates of Deposit | – |
| Overnight Loan from Corporate | – |
| Accounts Payable | $40,027.55 |
| Escheated Items | $33.16 |
| CUDIS/GAP | $2,887.33 |
| Sharedraft Liability | $100,507.07 |
| Sharedraft Suspense | ($706.00) |
| ACH Liability | $13,138.04 |
| ACH Suspense | ($2,929.73) |
| Payroll and IRA Withholding | – |
| 401k Employee Contrib./Pmts | ($4,611.89) |
| Accrued Dividends | $1,009.73 |
| Other Accrued Expenses | $53,595.15 |
| Debit Card/Bill Pay Clearing | $6,861.40 |
| Undivided Earnings | $10,685,279.32 |
| Total LIABILITIES | $86,399,435.71 |
