Sep, 30, 2025 — CAROLINA FOOTHILLS FEDERAL CREDIT UNION is a federal credit union headquartered in SPARTANBURG, SC with 6 branch locations and about $211.04 million in total assets. Opened 66 years ago in 1960, CAROLINA FOOTHILLS FEDERAL CREDIT UNION has about 19,619 members and employs 63 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CAROLINA FOOTHILLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 520 N Church St SPARTANBURG, SC 29303-3034 |
| Phone: | (864) 585-6838 |
| Fax: | (864) 585-3896 |
| Website: | https://www.carolinafoothillsfcu.coop/ |
| Branches: | 6 branch locations |
| Members: | 19,619 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13476 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $211,041,048 |
| CEO/Manager: | Scott Weaver |
| Chairperson: | Isaac B Dickson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,811,782 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 95,238,825 |
| Unsecured Loans | 9,839,183 |
| Other Loans | 49,850,707 |
| TOTAL LOANS | 154,928,715 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,839,138 |
| Land And Building | 5,611,724 |
| Other Fixed Assets | 168,848 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,671,678 |
| All Other Assets | 56,702 |
| TOTAL ASSETS | 211,041,048 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,633,551 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 41,116,846 |
| Regular shares | 63,852,689 |
| All Other Shares & Deposits | 77,382,624 |
| TOTAL SHARES & DEPOSITS | 182,352,159 |
| TOTAL LIABILITIES | 185,988,810 |
| Regular Reserve | 0 |
| Other Reserves | 180,187 |
| Undivided Earnings | 24,872,051 |
| TOTAL EQUITY | 25,052,238 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 211,041,048 |
| INCOME & EXPENSE | |
| Loan Income | 6,765,956 |
| Investment Income | 1,287,083 |
| Other Income | 1,362,149 |
| Total Employee Compensation & Benefits | 3,934,347 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,694,134 |
| Non-operating Income & (Expense) | 1,250,000 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 879,081 |
| Cost of Funds | 2,275,557 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,513,011 |
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