Sep, 30, 2025 — SOCIAL SECURITY CREDIT UNION (SSCU) is a federally insured state chartered credit union headquartered in BIRMINGHAM, AL with 1 branch location and about $36.40 million in total assets. Opened 79 years ago in 1947, SOCIAL SECURITY CREDIT UNION (SSCU) has about 2,732 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SOCIAL SECURITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1200 Reverend Abraham Woods Jr Blvd BIRMINGHAM, AL 35285 |
| Phone: | (205) 323-7028 |
| Fax: | (205) 323-0117 |
| Website: | https://www.ssacu.com/ |
| Branches: | 1 branch locations |
| Members: | 2,732 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61391 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $36,399,454 |
| CEO/Manager: | Angelic Pritchett |
| Chairperson: | Henry L Williams |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,482,797 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,887,528 |
| Unsecured Loans | 2,633,479 |
| Other Loans | 7,925,896 |
| TOTAL LOANS | 13,446,903 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -193,672 |
| Land And Building | 0 |
| Other Fixed Assets | 15,008 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 263,935 |
| All Other Assets | 20,596 |
| TOTAL ASSETS | 36,399,454 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 6,362 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 368,733 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,390,883 |
| Regular shares | 17,445,092 |
| All Other Shares & Deposits | 3,013,654 |
| TOTAL SHARES & DEPOSITS | 27,849,630 |
| TOTAL LIABILITIES | 28,224,725 |
| Regular Reserve | 0 |
| Other Reserves | 34,224 |
| Undivided Earnings | 8,140,505 |
| TOTAL EQUITY | 8,174,729 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 36,399,454 |
| INCOME & EXPENSE | |
| Loan Income | 689,934 |
| Investment Income | 540,967 |
| Other Income | 152,164 |
| Total Employee Compensation & Benefits | 404,391 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 506,742 |
| Non-operating Income & (Expense) | 89,643 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 163,500 |
| Cost of Funds | 76,438 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 321,637 |
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