Credit Unions Near Me
National Credit Union Service Organization

SOUTH CAROLINA FEDERAL CREDIT UNION

Mar, 31, 2022 — SOUTH CAROLINA FEDERAL CREDIT UNION is a federal credit union headquartered in NORTH CHARLESTON, SC with 29 branch locations and about $2.49 billion in total assets. Opened 86 years ago in 1936, SOUTH CAROLINA FEDERAL CREDIT UNION has about 166,018 members and employs 514 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 253278401
Name:SOUTH CAROLINA FEDERAL CREDIT UNION
Address:
(Main Office)
2175 Credit Union Ln
NORTH CHARLESTON, SC 29406-4915
Phone:(843) 797-8300
Fax:(843) 569-6389
Website:http://www.scfederal.org
Branches:29 branch locations
Members:166,018
Credit Union Type:Federal Credit Union
Charter Number:1022
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1936
Last Audited:Dec 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$2,494,870,871
CEO/Manager:Scott Woods
Chairperson:James R Cathey

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 581,144,057
TOTAL INVESTMENTS 0
Loans Held for Sale 6,898,250
 
 Real Estate Loans 869,996,329
 Unsecured Loans 69,219,318
 Other Loans 664,575,324
 TOTAL LOANS 1,603,790,971
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,516,339
 Land And Building 77,355,606
 Other Fixed Assets 20,406,946
 NCUSIF Deposit 17,687,440
 All Other Assets 89,775
  TOTAL ASSETS 2,494,870,871
LIABILITIES & CAPITAL:  
 Dividends Payable 251,792
 Notes & Interest Payable 129,294,643
 Accounts Payable & Other Liabilities 30,896,732
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 612,338,066
 Regular shares 816,912,891
 All Other Shares & Deposits 650,478,011
  TOTAL SHARES & DEPOSITS 2,079,728,968
  TOTAL LIABILITIES 2,240,172,135
 Regular Reserve 0
 Other Reserves 9,570,238
 Undivided Earnings 245,128,498
  TOTAL EQUITY 254,698,736
  TOTAL LIABILITIES, SHARES, & EQUITY 2,494,870,871
INCOME & EXPENSE  
 Loan Income 15,571,175
 Investment Income 276,494
 Other Income 5,320,767
 Total Employee Compensation & Benefits 12,528,679
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 10,176,904
 Non-operating Income & (Expense) 193,137
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 400,000
 Cost of Funds 1,422,497
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,810,874
↑ Back to Top

Other Credit Unions

CHARLESTON COUNTY TEACHERS FEDERAL CREDIT UNION
P O BOX 30746
CHARLESTON, SC 29417
C O FEDERAL CREDIT UNION
117 SPRING ST
CHARLESTON, SC 29403
S. C. H. D. DIST #7 FEDERAL CREDIT UNION
293 BROUGHTON ST
ORANGEBURG, SC 29115-7361
SUMTER CITY CREDIT UNION
21 N Main St
SUMTER, SC 29150
BERKELEY COMMUNITY FEDERAL CREDIT UNION
600 Main Street Ext
MONCKS CORNER, SC 29461-3939
EDISTO FEDERAL CREDIT UNION
1880 Russell St
ORANGEBURG, SC 29115-6107
LATITUDE 32 FEDERAL CREDIT UNION
1845 Sam Rittenberg Blvd
CHARLESTON, SC 29407
SANTEE COOPER CREDIT UNION
612 Rembert C Dennis Blvd
MONCKS CORNER, SC 29461
GEORGETOWN KRAFT CREDIT UNION
1379 N Fraser St
GEORGETOWN, SC 29440-2825
CAROLINA TRUST FEDERAL CREDIT UNION
1010 21st Ave N
MYRTLE BEACH, SC 29577-7485