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).


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.

Statement of Condition

Balance Sheet as of September 30, 2019


Simple Interest Loan 45,637,658.76
Loans in Liquidation 66,000.00
Allow for Loan Loss (75,971.46)
Cash Vault/Bank 850,188.82
Investments 31,694,184.30
Other Insurance (457 f) 3,275,226.00
Other Assets (NCUA) 663,773.14
Prepaid/Deferred Expenses 57,488.67
Land/Building (net of depreciation) 1,630,268.41
Furniture/Fixtures (net of depreciation) 78,230.74
Accrued Int. Receivable 170,002.23

Total Assets $84,047,049.61


Shares 53,385,036.65
Escrow 313,575.20
Christmas Club 16,381.13
Sharedraft Accounts 4,656,051.84
Guaranty Fund 2,503,207.00
IRS Shares/Roth IRA 12,050,692.21
Certificates of Deposit 103,000.00
Loan from Corporate —
Accounts Payable 29,977.09
Escheated Items 177.27
CUDIS/GAP 4,585.34
Sharedraft Liability 58,542.49
Sharedraft Suspense (7,074.04)
ACH Liability 74,612.30
ACH Suspense (3,241.27)
Payroll and IRA Withholding –
401k Employee Contributions 4,917.36
Accrued Dividends 221.88
Other Accrued Expenses 397,873.94
Debit Card/Bill Pay Clearing 9,789.44
Undivided Earnings 10,448,723.78

Total Liabilities $84,047,049.61

Board of Directors

For WNC Community Credit Union

Bobby Capps


David Sutton

Vice President

Bobby Cogdill

Secretary & Treasurer

Manuel Hooper

Steve Plemmons

Martha Woody

Roger Wright