In West Virginia, the Commissioner of Financial Institutions is responsible for the supervision and regulation of credit unions incorporated under state law.
Credit unions are cooperative, nonprofit corporations, incorporated for the purpose of encouraging thrift among members, creating a source of credit at fair and reasonable rates of interest, and providing an opportunity for members to use and control their own money on a democratic basis in order to improve economic and social condition.
Information concerning credit union operation in West Virginia is set forth in the West Virginia State Code, Chapter 31C . Additional information may be obtained by contacting:
West Virginia Division of Financial Institutions
900 Pennsylvania Avenue
Charleston, West Virginia 25302
Or via email to Dawn Holstein
The West Virginia State Code provides information on:
Credit Union Charter
Credit Union Merger
Credit Union Branch