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PEE DEE FEDERAL CREDIT UNION

Dec, 31, 2023 — PEE DEE FEDERAL CREDIT UNION is a federal credit union headquartered in FLORENCE, SC with 1 branch location and about $41.98 million in total assets. Opened 48 years ago in 1976, PEE DEE FEDERAL CREDIT UNION has about 4,791 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PEE DEE FEDERAL CREDIT UNION
Address:
(Main Office)
305 W Pine St
FLORENCE, SC 29501
Phone:(843) 669-0461
Fax:(843) 678-9053
Website:https://www.pdfcu.org
Branches:1 branch locations
Members:4,791
Credit Union Type:Federal Credit Union
Charter Number:22530
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1976
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$41,983,006
CEO/Manager:Mike Leviner
Chairperson:David Turner

Call Report

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

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 15,066,395
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 860,777
 Unsecured Loans 1,497,224
 Other Loans 12,204,089
 TOTAL LOANS 14,562,090
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -96,938
 Land And Building 663,604
 Other Fixed Assets 45,358
 NCUSIF Deposit 322,944
 All Other Assets 0
  TOTAL ASSETS 41,983,006
LIABILITIES & CAPITAL:  
 Dividends Payable 13,532
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 414,377
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 8,537,937
 Regular shares 19,826,238
 All Other Shares & Deposits 4,311,844
  TOTAL SHARES & DEPOSITS 32,676,019
  TOTAL LIABILITIES 33,103,928
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 8,879,078
  TOTAL EQUITY 8,879,078
  TOTAL LIABILITIES, SHARES, & EQUITY 41,983,006
INCOME & EXPENSE  
 Loan Income 905,114
 Investment Income 1,070,932
 Other Income 393,411
 Total Employee Compensation & Benefits 988,042
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 966,392
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,000
 Cost of Funds 62,115
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 688,372
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