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ABBEVILLE COMMUNITY FEDERAL CREDIT UNION

Mar, 31, 2022 — ABBEVILLE COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in ABBEVILLE, SC with 1 branch location and about $12.45 million in total assets. Opened 51 years ago in 1971, ABBEVILLE COMMUNITY FEDERAL CREDIT UNION has about 1,718 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ABBEVILLE COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
603 E Greenwood St
ABBEVILLE, SC 29620
Phone:(864) 366-5615
Fax:(864) 366-2983
Website:http://www.youracfcu.com
Branches:1 branch locations
Members:1,718
Credit Union Type:Federal Credit Union
Charter Number:24842
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1971
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$12,453,640
CEO/Manager:Latricia J Fuller
Chairperson:CHARLES H NASH

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,275,446
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 499,133
 Other Loans 7,299,995
 TOTAL LOANS 7,799,128
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -118,434
 Land And Building 270,428
 Other Fixed Assets 2,988
 NCUSIF Deposit 100,891
 All Other Assets 0
  TOTAL ASSETS 12,453,640
LIABILITIES & CAPITAL:  
 Dividends Payable 2,047
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 44,366
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,304,706
 Regular shares 8,271,940
 All Other Shares & Deposits 316,159
  TOTAL SHARES & DEPOSITS 10,892,805
  TOTAL LIABILITIES 10,939,218
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,514,422
  TOTAL EQUITY 1,514,422
  TOTAL LIABILITIES, SHARES, & EQUITY 12,453,640
INCOME & EXPENSE  
 Loan Income 107,824
 Investment Income 1,073
 Other Income 19,114
 Total Employee Compensation & Benefits 52,526
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 86,712
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,380
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 10,215
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