Dec, 31, 2023 — PEE DEE FEDERAL CREDIT UNION is a federal credit union headquartered in FLORENCE, SC with 1 branch location and about $41.98 million in total assets. Opened 48 years ago in 1976, PEE DEE FEDERAL CREDIT UNION has about 4,791 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PEE DEE FEDERAL CREDIT UNION |
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Address: (Main Office) | 305 W Pine St FLORENCE, SC 29501 |
Phone: | (843) 669-0461 |
Fax: | (843) 678-9053 |
Website: | https://www.pdfcu.org |
Branches: | 1 branch locations |
Members: | 4,791 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22530 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1976 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $41,983,006 |
CEO/Manager: | Mike Leviner |
Chairperson: | David Turner |
ASSETS: | $ Amount |
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Cash & Equivalents | 15,066,395 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 860,777 |
Unsecured Loans | 1,497,224 |
Other Loans | 12,204,089 |
TOTAL LOANS | 14,562,090 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -96,938 |
Land And Building | 663,604 |
Other Fixed Assets | 45,358 |
NCUSIF Deposit | 322,944 |
All Other Assets | 0 |
TOTAL ASSETS | 41,983,006 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 13,532 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 414,377 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 8,537,937 |
Regular shares | 19,826,238 |
All Other Shares & Deposits | 4,311,844 |
TOTAL SHARES & DEPOSITS | 32,676,019 |
TOTAL LIABILITIES | 33,103,928 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 8,879,078 |
TOTAL EQUITY | 8,879,078 |
TOTAL LIABILITIES, SHARES, & EQUITY | 41,983,006 |
INCOME & EXPENSE | |
Loan Income | 905,114 |
Investment Income | 1,070,932 |
Other Income | 393,411 |
Total Employee Compensation & Benefits | 988,042 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 966,392 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,000 |
Cost of Funds | 62,115 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 688,372 |
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