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EMERALD CREDIT ASSOCIATION FEDERAL CREDIT UNION

Sep, 30, 2025 — EMERALD CREDIT ASSOCIATION FEDERAL CREDIT UNION is a federal credit union headquartered in GREENWOOD, SC with 1 branch location and about $9.57 million in total assets. Opened 58 years ago in 1968, EMERALD CREDIT ASSOCIATION FEDERAL CREDIT UNION has about 1,219 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:EMERALD CREDIT ASSOCIATION FEDERAL CREDIT UNION
Address:
(Main Office)
2117 Kateway
GREENWOOD, SC 29646
Phone:(864) 223-9135
Fax:(864) 223-9135
Website:https://www.emeraldcu.com
Branches:1 branch locations
Members:1,219
Credit Union Type:Federal Credit Union
Charter Number:19047
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1968
Last Audited:May 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$9,570,869
CEO/Manager:Lisa A Norman
Chairperson:Jeff Owens

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,411,521
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 107,052
 Other Loans 7,684,288
 TOTAL LOANS 7,791,340
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -33,314
 Land And Building 54,720
 Other Fixed Assets 40,810
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 80,541
 All Other Assets 0
  TOTAL ASSETS 9,570,869
LIABILITIES & CAPITAL:  
 Dividends Payable 4,742
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 52,430
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,643,610
 Regular shares 5,958,377
 All Other Shares & Deposits 1,075,733
  TOTAL SHARES & DEPOSITS 8,677,720
  TOTAL LIABILITIES 8,734,892
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 835,977
  TOTAL EQUITY 835,977
  TOTAL LIABILITIES, SHARES, & EQUITY 9,570,869
INCOME & EXPENSE  
 Loan Income 341,863
 Investment Income 39,991
 Other Income 24,990
 Total Employee Compensation & Benefits 188,819
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 213,027
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 9,355
 Cost of Funds 23,722
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 33,864
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