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 February 29, 2020


Simple Interest Loan 45,618,575.18
Loans in Liquidation 88,100.00
Allow for Loan Loss (82,696.00)
Cash Vault/Bank 1,081,434.92
Investments 29,430,509.85
Other Insurance (457 f) 3,314,172.00
Other Assets (NCUA) 672,497.91
Prepaid/Deferred Expenses 62,575.39
Land/Building (net of depreciation) 1,603,219.86
Furniture/Fixtures (net of depreciation) 83,953.21
Accrued Int. Receivable 158,273.70

Total Assets $82,030,616.02


Shares 50,681,573.21
Escrow 179,182.00
Christmas Club 5,800.00
Sharedraft Accounts 5,326,658.40
Guaranty Fund 2,503,207.00
IRS Shares/Roth IRA 11,946,936.19
Certificates of Deposit 100,000.00
Loan from Corporate —
Accounts Payable 32,059.65
Escheated Items 33.16
CUDIS/GAP 2,970.17
Sharedraft Liability 40,370,.48
Sharedraft Suspense (1,389.46)
ACH Liability 71,783.96
ACH Suspense (2.341.03)
Payroll and IRA Withholding –
401k Employee Contributions 15,968.78
Accrued Dividends 658.77
Other Accrued Expenses 435,791.07
Debit Card/Bill Pay Clearing 8,044.33
Undivided Earnings 10,683,309.34

Total Liabilities $82,030,616.02

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