Sep, 30, 2025 — NUCOR EMPLOYEE'S CREDIT UNION is a federally insured state chartered credit union headquartered in FLORENCE, SC with 12 branch locations and about $64.86 million in total assets. Opened 64 years ago in 1962, NUCOR EMPLOYEE'S CREDIT UNION has about 8,430 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NUCOR EMPLOYEE'S CREDIT UNION |
|---|---|
| Address: (Main Office) | 1202 N Cashua Dr FLORENCE, SC 29501 |
| Phone: | (843) 665-4668 |
| Fax: | (843) 665-6911 |
| Website: | https://www.nucorcu.org |
| Branches: | 12 branch locations |
| Members: | 8,430 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61028 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $64,857,805 |
| CEO/Manager: | Matthew P Chappell |
| Chairperson: | Terry L White |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 22,585,292 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 120,705 |
| Unsecured Loans | 2,216,942 |
| Other Loans | 37,767,587 |
| TOTAL LOANS | 40,105,234 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -221,171 |
| Land And Building | 1,313,669 |
| Other Fixed Assets | 77,087 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 475,637 |
| All Other Assets | 2,826 |
| TOTAL ASSETS | 64,857,805 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 18,867 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 515,725 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 10,482,471 |
| Regular shares | 34,670,772 |
| All Other Shares & Deposits | 6,605,203 |
| TOTAL SHARES & DEPOSITS | 51,758,446 |
| TOTAL LIABILITIES | 52,293,038 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 12,564,767 |
| TOTAL EQUITY | 12,564,767 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 64,857,805 |
| INCOME & EXPENSE | |
| Loan Income | 1,762,610 |
| Investment Income | 685,254 |
| Other Income | 234,124 |
| Total Employee Compensation & Benefits | 861,911 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 850,684 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 107,448 |
| Cost of Funds | 227,047 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,034,429 |
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