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SELF MEMORIAL HOSPITAL FEDERAL CREDIT UNION

Dec, 31, 2023 — SELF MEMORIAL HOSPITAL FEDERAL CREDIT UNION is a federal credit union headquartered in GREENWOOD, SC with 1 branch location and about $14.67 million in total assets. Opened 58 years ago in 1966, SELF MEMORIAL HOSPITAL FEDERAL CREDIT UNION has about 2,114 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SELF MEMORIAL HOSPITAL FEDERAL CREDIT UNION
Address:
(Main Office)
315 EPTING AVE
GREENWOOD, SC 29646-4039
Phone:(864) 227-4176
Fax:(864) 227-4147
Website:https://www.selfmemorialfcu.net
Branches:1 branch locations
Members:2,114
Credit Union Type:Federal Credit Union
Charter Number:17831
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1966
Last Audited:Aug 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$14,667,250
CEO/Manager:KRISTEN ANDREWS
Chairperson:Denton S Ouzts

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 679,376
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 706,749
 Other Loans 7,185,225
 TOTAL LOANS 7,891,974
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -80,211
 Land And Building 216,577
 Other Fixed Assets 16,114
 NCUSIF Deposit 137,380
 All Other Assets 2,000
  TOTAL ASSETS 14,667,250
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 126,815
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,176,711
 Regular shares 10,323,961
 All Other Shares & Deposits 1,761,288
  TOTAL SHARES & DEPOSITS 13,261,960
  TOTAL LIABILITIES 13,388,775
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,278,475
  TOTAL EQUITY 1,278,475
  TOTAL LIABILITIES, SHARES, & EQUITY 14,667,250
INCOME & EXPENSE  
 Loan Income 394,653
 Investment Income 315,904
 Other Income 179,927
 Total Employee Compensation & Benefits 355,734
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 533,761
 Non-operating Income & (Expense) 30,399
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 64,177
 Cost of Funds 23,871
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -18,833
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