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ABBEVILLE COMMUNITY FEDERAL CREDIT UNION

Dec, 31, 2023 — ABBEVILLE COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in ABBEVILLE, SC with 1 branch location and about $12.69 million in total assets. Opened 53 years ago in 1971, ABBEVILLE COMMUNITY FEDERAL CREDIT UNION has about 1,711 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ABBEVILLE COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
603 E GREENWOOD ST
ABBEVILLE, SC 29620
Phone:(864) 366-5615
Fax:(864) 366-2983
Website:https://www.youracfcu.com
Branches:1 branch locations
Members:1,711
Credit Union Type:Federal Credit Union
Charter Number:24842
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1971
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$12,691,205
CEO/Manager:Latricia J Fuller
Chairperson:CHARLES H NASH

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,105,181
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 544,502
 Other Loans 7,705,803
 TOTAL LOANS 8,250,305
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -145,816
 Land And Building 266,541
 Other Fixed Assets 1,972
 NCUSIF Deposit 104,935
 All Other Assets 0
  TOTAL ASSETS 12,691,205
LIABILITIES & CAPITAL:  
 Dividends Payable 1,715
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 115,655
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,468,964
 Regular shares 8,384,582
 All Other Shares & Deposits 182,452
  TOTAL SHARES & DEPOSITS 11,035,998
  TOTAL LIABILITIES 11,153,368
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,537,837
  TOTAL EQUITY 1,537,837
  TOTAL LIABILITIES, SHARES, & EQUITY 12,691,205
INCOME & EXPENSE  
 Loan Income 335,191
 Investment Income 28,119
 Other Income 63,768
 Total Employee Compensation & Benefits 153,489
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 289,109
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 27,382
 Cost of Funds 4,127
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 37,938
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