Sep, 30, 2025 — CHARLOTTE METRO FEDERAL CREDIT UNION is a federal credit union headquartered in CHARLOTTE, NC with 19 branch locations and about $1.61 billion in total assets. Opened 64 years ago in 1962, CHARLOTTE METRO FEDERAL CREDIT UNION has about 111,034 members and employs 304 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CHARLOTTE METRO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3700 South Blvd CHARLOTTE, NC 28209 |
| Phone: | (704) 375-0183 |
| Fax: | (704) 376-2716 |
| Website: | https://www.skylacu.com |
| Branches: | 19 branch locations |
| Members: | 111,034 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24808 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,608,280,362 |
| CEO/Manager: | Eric Gelly |
| Chairperson: | Adrienne Dellinger |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 163,047,609 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 891,503,625 |
| Unsecured Loans | 114,624,163 |
| Other Loans | 275,987,253 |
| TOTAL LOANS | 1,284,947,485 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,196,119 |
| Land And Building | 43,962,999 |
| Other Fixed Assets | 8,836,783 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 12,241,784 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,608,280,362 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 929,761 |
| Notes & Interest Payable | 70,000,000 |
| Accounts Payable & Other Liabilities | 37,214,208 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 251,649,135 |
| Regular shares | 332,576,945 |
| All Other Shares & Deposits | 765,663,945 |
| TOTAL SHARES & DEPOSITS | 1,349,890,025 |
| TOTAL LIABILITIES | 1,458,700,986 |
| Regular Reserve | 0 |
| Other Reserves | 52,821,815 |
| Undivided Earnings | 96,757,561 |
| TOTAL EQUITY | 149,579,376 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,608,280,362 |
| INCOME & EXPENSE | |
| Loan Income | 59,507,129 |
| Investment Income | 5,718,116 |
| Other Income | 11,016,360 |
| Total Employee Compensation & Benefits | 26,585,160 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 24,717,579 |
| Non-operating Income & (Expense) | -538,089 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,968,149 |
| Cost of Funds | 23,608,822 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 6,806,247 |
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