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PALMETTO HEALTH CREDIT UNION

Sep, 30, 2025 — PALMETTO HEALTH CREDIT UNION is a federally insured state chartered credit union headquartered in COLUMBIA, SC with 4 branch locations and about $87.12 million in total assets. Opened 62 years ago in 1964, PALMETTO HEALTH CREDIT UNION has about 9,510 members and employs 25 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PALMETTO HEALTH CREDIT UNION
Address:
(Main Office)
1205 Colonial Life Blvd W
COLUMBIA, SC 29210
Phone:(803) 978-2101
Fax:(803) 704-1008
Website:https://www.curisfinancial.org
Branches:4 branch locations
Members:9,510
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61260
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1964
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$87,122,385
CEO/Manager:Hansel B Hart
Chairperson:Nancy McLendon

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,327,300
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 7,318,967
 Unsecured Loans 8,297,690
 Other Loans 28,081,003
 TOTAL LOANS 43,697,659
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -634,804
 Land And Building 1,681,553
 Other Fixed Assets 344,991
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 637,417
 All Other Assets 0
  TOTAL ASSETS 87,122,385
LIABILITIES & CAPITAL:  
 Dividends Payable 22,792
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 429,893
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 20,167,733
 Regular shares 36,585,187
 All Other Shares & Deposits 10,833,313
  TOTAL SHARES & DEPOSITS 67,586,233
  TOTAL LIABILITIES 68,046,418
 Regular Reserve 0
 Other Reserves -347,781
 Undivided Earnings 19,423,748
  TOTAL EQUITY 19,075,967
  TOTAL LIABILITIES, SHARES, & EQUITY 87,122,385
INCOME & EXPENSE  
 Loan Income 2,288,445
 Investment Income 862,956
 Other Income 1,085,018
 Total Employee Compensation & Benefits 1,632,564
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 2,451,606
 Non-operating Income & (Expense) 28,960
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 137,000
 Cost of Funds 344,608
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 602,760
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