CHARLESTON COUNTY TEACHERS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — CHARLESTON COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in CHARLESTON, SC with 1 branch location and about $1.86 million in total assets. Opened 68 years ago in 1956, CHARLESTON COUNTY TEACHERS FEDERAL CREDIT UNION has about 786 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CHARLESTON COUNTY TEACHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | P O BOX 30746 CHARLESTON, SC 29417 |
Phone: | (843) 556-8698 |
Fax: | (843) 556-2660 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 786 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10875 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Jul 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,859,545 |
CEO/Manager: | Alshaun J Rouse |
Chairperson: | Emanuel Williams |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,074,389 |
TOTAL INVESTMENTS | 10,721 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 251,918 |
Other Loans | 502,322 |
TOTAL LOANS | 754,240 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,889 |
Land And Building | 0 |
Other Fixed Assets | 21 |
NCUSIF Deposit | 13,788 |
All Other Assets | 11,275 |
TOTAL ASSETS | 1,859,545 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 782 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,344 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,508,965 |
All Other Shares & Deposits | 171,816 |
TOTAL SHARES & DEPOSITS | 1,680,781 |
TOTAL LIABILITIES | 1,684,907 |
Regular Reserve | 11,798 |
Other Reserves | 0 |
Undivided Earnings | 162,840 |
TOTAL EQUITY | 174,638 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,859,545 |
INCOME & EXPENSE | |
Loan Income | 70,206 |
Investment Income | 2,142 |
Other Income | 5,411 |
Total Employee Compensation & Benefits | 51,567 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 34,826 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,638 |
Cost of Funds | 2,241 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -13,513 |
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