About Us
Our charter began on November 10, 1942 as “Conrail Credit Union” for railroad employees. In July of 1997, our name officially changed to “Members Choice WV Federal Credit Union”, and on May 8, 2000, we opened for business in a brand new building built for our members located at 201 Ohio Avenue on the West side of Charleston, WV. Since 2015, we have been known by our new brand name “MCWV”. The credit union originally served employer groups who were not large enough to form their own credit union, but wanted to offer their employees credit union services at no cost to the employer. Now we currently serve over sixty employer groups in Charleston and are a community chartered credit union encompassing all of Kanawha County. This change was implemented after recognizing the need for an expanded field of membership; allowing more people to gain access to the many benefits MCWV offers. We are committed to offering a complete range of high-quality financial products and services.
With the new charter, MCWV is now serving people who live, work, worship, volunteer, or attend school and businesses or other legal entities in Kanawha County, WV, and their family members.
Our CEO/Manager Stephanie Rippetoe has been employed by the credit union for over twenty years. All members of the Board of Directors are volunteers, elected by the membership at our Annual Meeting.
We are governed by the laws of National Credit Union Administration (NCUA) relating to credit unions, its articles of incorporation and bylaws adopted by the board and approved by NCUA.
If you are interested in joining our credit union family, please visit our Membership page.
The CU Difference Between:
| Credit Unions | Banks |
|---|---|
| Not-for-profit, democratically controlled cooperatives | Generate profit for stockholders |
| Can serve only those in their field of membership | Can serve the general public |
| Governed by volunteer board of directors elected by membership | Governed by paid directors elected by stockholders |
| Returns profits to all members in the form of dividends | Returns profits to stockholders |
| Accounts insured up to $250,000.00 by the National Credit Union Administration | Accounts insured up to $250,000.00 by the FDIC |
To read more on the Credit Union Difference, visit Credit Union National Association’s website.
