Sep, 30, 2025 — BROOKLAND FEDERAL CREDIT UNION is a federal credit union headquartered in WEST COLUMBIA, SC with 1 branch location and about $5.41 million in total assets. Opened 27 years ago in 1999, BROOKLAND FEDERAL CREDIT UNION has about 1,238 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BROOKLAND FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 949 Sunset Blvd WEST COLUMBIA, SC 29169 |
| Phone: | (803) 794-9201 |
| Fax: | (803) 794-9204 |
| Website: | https://www.brooklandfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,238 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24623 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1999 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,409,208 |
| CEO/Manager: | Ronald A Cooley |
| Chairperson: | Ivan Earle |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,794,079 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 222,877 |
| Other Loans | 2,410,921 |
| TOTAL LOANS | 2,633,800 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,881 |
| Land And Building | 0 |
| Other Fixed Assets | 48,057 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 41,395 |
| All Other Assets | 15,276 |
| TOTAL ASSETS | 5,409,208 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 17,741 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,071,771 |
| Regular shares | 3,275,008 |
| All Other Shares & Deposits | 424,428 |
| TOTAL SHARES & DEPOSITS | 4,771,209 |
| TOTAL LIABILITIES | 4,788,950 |
| Regular Reserve | 0 |
| Other Reserves | 215,559 |
| Undivided Earnings | 404,699 |
| TOTAL EQUITY | 620,258 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,409,208 |
| INCOME & EXPENSE | |
| Loan Income | 139,701 |
| Investment Income | 77,278 |
| Other Income | 27,361 |
| Total Employee Compensation & Benefits | 153,027 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 201,711 |
| Non-operating Income & (Expense) | 331,781 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 13,455 |
| Cost of Funds | 8,078 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 222,650 |
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