Sep, 30, 2025 — SPC CREDIT UNION is a federally insured state chartered credit union headquartered in HARTSVILLE, SC with 8 branch locations and about $250.89 million in total assets. Opened 77 years ago in 1949, SPC CREDIT UNION has about 25,911 members and employs 80 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SPC CREDIT UNION |
|---|---|
| Address: (Main Office) | 204 N 5th St HARTSVILLE, SC 29550-4136 |
| Phone: | (843) 383-0090 |
| Fax: | (843) 332-0244 |
| Website: | https://www.spccu.org |
| Branches: | 8 branch locations |
| Members: | 25,911 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60686 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $250,886,958 |
| CEO/Manager: | Linda H Weatherford |
| Chairperson: | Julian T Walters, Jr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 40,990,163 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 199,000 |
| Real Estate Loans | 71,401,297 |
| Unsecured Loans | 17,839,842 |
| Other Loans | 65,685,811 |
| TOTAL LOANS | 157,948,323 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,504,999 |
| Land And Building | 7,201,741 |
| Other Fixed Assets | 1,747,253 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,043,722 |
| All Other Assets | 466,989 |
| TOTAL ASSETS | 250,886,958 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,663,076 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 58,940,153 |
| Regular shares | 120,964,901 |
| All Other Shares & Deposits | 42,810,157 |
| TOTAL SHARES & DEPOSITS | 222,715,211 |
| TOTAL LIABILITIES | 225,403,119 |
| Regular Reserve | 0 |
| Other Reserves | 8,607,941 |
| Undivided Earnings | 16,875,898 |
| TOTAL EQUITY | 25,483,839 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 250,886,958 |
| INCOME & EXPENSE | |
| Loan Income | 7,502,270 |
| Investment Income | 1,431,066 |
| Other Income | 2,552,603 |
| Total Employee Compensation & Benefits | 3,739,960 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 6,034,376 |
| Non-operating Income & (Expense) | 16,800 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,166,625 |
| Cost of Funds | 1,243,685 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,394,535 |
| ↑ Back to Top | |