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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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