C O FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.cofederalcreditunion.com for more information.
Sep, 30, 2025 — C O FEDERAL CREDIT UNION is a federal credit union headquartered in CHARLESTON, SC with 1 branch location and about $2.41 million in total assets. Opened 60 years ago in 1966, C O FEDERAL CREDIT UNION has about 711 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: | C O FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 117 SPRING ST CHARLESTON, SC 29403 |
| Phone: | (843) 722-7656 |
| Fax: | (843) 722-2711 |
| Website: | https://www.cofederalcreditunion.com |
| Branches: | 1 branch locations |
| Members: | 711 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17655 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,414,020 |
| CEO/Manager: | NATASHA M VELAS-STEP |
| Chairperson: |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,233,985 |
| TOTAL INVESTMENTS | 10,887 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 284,723 |
| Unsecured Loans | 88,359 |
| Other Loans | 876,158 |
| TOTAL LOANS | 1,249,240 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -132,932 |
| Land And Building | 0 |
| Other Fixed Assets | 1 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 39,899 |
| All Other Assets | 12,940 |
| TOTAL ASSETS | 2,414,020 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,300 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,885 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 21,746 |
| Regular shares | 2,774,861 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,796,607 |
| TOTAL LIABILITIES | 2,799,792 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | -385,772 |
| TOTAL EQUITY | -385,772 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,414,020 |
| INCOME & EXPENSE | |
| Loan Income | 77,830 |
| Investment Income | 120 |
| Other Income | 13,494 |
| Total Employee Compensation & Benefits | 36,943 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 143,168 |
| Non-operating Income & (Expense) | 398,025 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 759,138 |
| Cost of Funds | 9,376 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -445,646 |
| ↑ Back to Top | |