Jun, 30, 2024 — S. C. H. D. DIST #7 FEDERAL CREDIT UNION is a federal credit union headquartered in ORANGEBURG, SC with 1 branch location and about $3.75 million in total assets. Opened 58 years ago in 1967, S. C. H. D. DIST #7 FEDERAL CREDIT UNION has about 515 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | S. C. H. D. DIST #7 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 293 BROUGHTON ST ORANGEBURG, SC 29115-7361 |
| Phone: | (803) 536-0040 |
| Fax: | (803) 539-2834 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 515 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18423 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Mar 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,747,535 |
| CEO/Manager: | Jacqueline S Gulley |
| Chairperson: | George L Jones |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 719,415 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 542,594 |
| Other Loans | 1,665,910 |
| TOTAL LOANS | 2,208,504 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,360 |
| Land And Building | 0 |
| Other Fixed Assets | 13,155 |
| NCUSIF Deposit | 28,852 |
| All Other Assets | 27,150 |
| TOTAL ASSETS | 3,747,535 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 5,847 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 10,412 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,765,710 |
| All Other Shares & Deposits | 1,203,857 |
| TOTAL SHARES & DEPOSITS | 2,969,567 |
| TOTAL LIABILITIES | 2,985,826 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 761,709 |
| TOTAL EQUITY | 761,709 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,747,535 |
| INCOME & EXPENSE | |
| Loan Income | 149,913 |
| Investment Income | 9,041 |
| Other Income | 928 |
| Total Employee Compensation & Benefits | 42,981 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 75,850 |
| Non-operating Income & (Expense) | -2,744 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,207 |
| Cost of Funds | 6,995 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 37,552 |
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