PICKENS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://pickensfcu.org for more information.
Sep, 30, 2025 — PICKENS FEDERAL CREDIT UNION is a federal credit union headquartered in PICKENS, SC with 2 branch locations and about $28.31 million in total assets. Opened 65 years ago in 1961, PICKENS FEDERAL CREDIT UNION has about 2,750 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PICKENS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 218 PICKENS, SC 29671 |
| Phone: | (864) 898-5009 |
| Fax: | (864) 898-0407 |
| Website: | https://pickensfcu.org |
| Branches: | 2 branch locations |
| Members: | 2,750 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14169 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $28,307,849 |
| CEO/Manager: | Clayton V Kerr |
| Chairperson: | Phil Reece |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,020,222 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,106,106 |
| Unsecured Loans | 118,861 |
| Other Loans | 7,161,705 |
| TOTAL LOANS | 10,386,672 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -81,564 |
| Land And Building | 524,146 |
| Other Fixed Assets | 13,121 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 213,281 |
| All Other Assets | 0 |
| TOTAL ASSETS | 28,307,849 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 732 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 185,357 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,299,962 |
| Regular shares | 16,367,231 |
| All Other Shares & Deposits | 2,163,581 |
| TOTAL SHARES & DEPOSITS | 23,830,774 |
| TOTAL LIABILITIES | 24,016,863 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 4,290,986 |
| TOTAL EQUITY | 4,290,986 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 28,307,849 |
| INCOME & EXPENSE | |
| Loan Income | 390,231 |
| Investment Income | 142,721 |
| Other Income | 90,116 |
| Total Employee Compensation & Benefits | 312,575 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 193,124 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,357 |
| Cost of Funds | 4,510 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 121,557 |
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