Sep, 30, 2025 — REV FEDERAL CREDIT UNION is a federal credit union headquartered in SUMMERVILLE, SC with 17 branch locations and about $1.15 billion in total assets. Opened 71 years ago in 1955, REV FEDERAL CREDIT UNION has about 67,129 members and employs 264 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | REV FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 200 Marymeade Dr SUMMERVILLE, SC 29483 |
| Phone: | (843) 832-2600 |
| Fax: | (843) 832-2649 |
| Website: | https://www.revfcu.com |
| Branches: | 17 branch locations |
| Members: | 67,129 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9986 |
|---|---|
| Membership Type: | Multiple common bond - Primarily military |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,145,014,941 |
| CEO/Manager: | Jason S Lee |
| Chairperson: | Troy D Draughn |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 97,865,638 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 670,591,161 |
| Unsecured Loans | 45,004,289 |
| Other Loans | 224,285,231 |
| TOTAL LOANS | 939,880,681 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,832,302 |
| Land And Building | 28,545,179 |
| Other Fixed Assets | 6,398,635 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 8,543,772 |
| All Other Assets | 318,687 |
| TOTAL ASSETS | 1,145,014,941 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 40,000,000 |
| Accounts Payable & Other Liabilities | 15,825,323 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 62,593,000 |
| Share Drafts | 210,940,036 |
| Regular shares | 299,377,399 |
| All Other Shares & Deposits | 412,623,257 |
| TOTAL SHARES & DEPOSITS | 922,940,692 |
| TOTAL LIABILITIES | 1,041,641,853 |
| Regular Reserve | 0 |
| Other Reserves | 11,231,755 |
| Undivided Earnings | 92,141,333 |
| TOTAL EQUITY | 103,373,088 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,145,014,941 |
| INCOME & EXPENSE | |
| Loan Income | 38,998,902 |
| Investment Income | 4,299,809 |
| Other Income | 6,331,939 |
| Total Employee Compensation & Benefits | 19,944,137 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 16,884,088 |
| Non-operating Income & (Expense) | 498,599 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 820,598 |
| Cost of Funds | 11,848,922 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,154,440 |
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