Jun, 30, 2024 — COLUMBIA POST OFFICE CREDIT UNION is a federally insured state chartered credit union headquartered in COLUMBIA, SC with 2 branch locations and about $37.56 million in total assets. Opened 98 years ago in 1927, COLUMBIA POST OFFICE CREDIT UNION has about 1,443 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COLUMBIA POST OFFICE CREDIT UNION |
|---|---|
| Address: (Main Office) | 1601 Assembly St COLUMBIA, SC 29201-2762 |
| Phone: | (803) 779-2966 |
| Fax: | (803) 779-3725 |
| Website: | https://columbiapostalcreditunion.com/ |
| Branches: | 2 branch locations |
| Members: | 1,443 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61065 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1927 |
| Last Audited: | Sep 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $37,560,221 |
| CEO/Manager: | James C Lattimore |
| Chairperson: | Jerry Burriss |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,282,384 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 699,687 |
| Other Loans | 3,499,786 |
| TOTAL LOANS | 4,199,473 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -198,957 |
| Land And Building | 0 |
| Other Fixed Assets | 4,797 |
| NCUSIF Deposit | 305,150 |
| All Other Assets | 0 |
| TOTAL ASSETS | 37,560,221 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 32,046 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 26,885 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 32,163,662 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 32,163,662 |
| TOTAL LIABILITIES | 32,222,593 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 5,337,628 |
| TOTAL EQUITY | 5,337,628 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 37,560,221 |
| INCOME & EXPENSE | |
| Loan Income | 224,849 |
| Investment Income | 348,334 |
| Other Income | 6,473 |
| Total Employee Compensation & Benefits | 184,447 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 215,761 |
| Non-operating Income & (Expense) | -200 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 96,258 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 133,126 |
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