Sep, 30, 2025 — MTC FEDERAL CREDIT UNION is a federal credit union headquartered in GREENVILLE, SC with 9 branch locations and about $277.74 million in total assets. Opened 50 years ago in 1976, MTC FEDERAL CREDIT UNION has about 16,102 members and employs 90 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MTC FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 201 Brookfield Pkwy GREENVILLE, SC 29607-5744 |
| Phone: | (864) 908-3400 |
| Fax: | |
| Website: | https://www.mtcfederal.com |
| Branches: | 9 branch locations |
| Members: | 16,102 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22520 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation equipment |
| Corporate Credit Union: | No |
| Year Opened: | 1976 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $277,737,146 |
| CEO/Manager: | William H Love |
| Chairperson: | Michael Hanna |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 18,440,427 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 85,061,057 |
| Unsecured Loans | 24,424,020 |
| Other Loans | 70,266,017 |
| TOTAL LOANS | 179,751,094 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,977,262 |
| Land And Building | 6,392,067 |
| Other Fixed Assets | 2,161,487 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,158,687 |
| All Other Assets | 150,476 |
| TOTAL ASSETS | 277,737,146 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,022,348 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 39,165,286 |
| Regular shares | 63,532,336 |
| All Other Shares & Deposits | 131,779,948 |
| TOTAL SHARES & DEPOSITS | 234,477,570 |
| TOTAL LIABILITIES | 239,499,918 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 38,237,228 |
| TOTAL EQUITY | 38,237,228 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 277,737,146 |
| INCOME & EXPENSE | |
| Loan Income | 10,001,890 |
| Investment Income | 2,202,488 |
| Other Income | 1,032,849 |
| Total Employee Compensation & Benefits | 5,582,668 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,056,168 |
| Non-operating Income & (Expense) | 95,912 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,100,457 |
| Cost of Funds | 3,078,711 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 544,173 |
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