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SEVIER COUNTY SCHOOLS FEDERAL CREDIT UNION

Sep, 30, 2025 — SEVIER COUNTY SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in SEVIERVILLE, TN with 1 branch location and about $11.34 million in total assets. Opened 48 years ago in 1978, SEVIER COUNTY SCHOOLS FEDERAL CREDIT UNION has about 1,379 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SEVIER COUNTY SCHOOLS FEDERAL CREDIT UNION
Address:
(Main Office)
164 N Henderson Ave Ste B
SEVIERVILLE, TN 37862
Phone:(865) 428-4426
Fax:(865) 428-4832
Website:https://www.scscreditunion.org
Branches:1 branch locations
Members:1,379
Credit Union Type:Federal Credit Union
Charter Number:23060
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1978
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$11,340,647
CEO/Manager:Bambi Loveday
Chairperson:Charles T McGaha

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,988,359
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 350,700
 Other Loans 4,733,258
 TOTAL LOANS 5,083,959
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -24,897
 Land And Building 87,772
 Other Fixed Assets 23,280
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 97,876
 All Other Assets 0
  TOTAL ASSETS 11,340,647
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,239
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 7,156,740
 All Other Shares & Deposits 1,393,972
  TOTAL SHARES & DEPOSITS 8,550,712
  TOTAL LIABILITIES 8,554,951
 Regular Reserve 0
 Other Reserves 112,797
 Undivided Earnings 2,672,899
  TOTAL EQUITY 2,785,696
  TOTAL LIABILITIES, SHARES, & EQUITY 11,340,647
INCOME & EXPENSE  
 Loan Income 225,544
 Investment Income 213,959
 Other Income 2,588
 Total Employee Compensation & Benefits 106,941
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 60,903
 Non-operating Income & (Expense) 12,980
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 14,956
 Cost of Funds 46,585
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 225,686
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