ARROWPOINTE FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.arrowpointe.org for more information.
Dec, 31, 2023 — ARROWPOINTE FEDERAL CREDIT UNION is a federal credit union headquartered in CATAWBA, SC with 7 branch locations and about $186.54 million in total assets. Opened 64 years ago in 1960, ARROWPOINTE FEDERAL CREDIT UNION has about 16,572 members and employs 60 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ARROWPOINTE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5298 CURETON FERRY RD CATAWBA, SC 29704 |
| Phone: | (803) 324-1124 |
| Fax: | (803) 324-3134 |
| Website: | https://www.arrowpointe.org |
| Branches: | 7 branch locations |
| Members: | 16,572 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13573 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Apr 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $186,543,952 |
| CEO/Manager: | Tim Lyda |
| Chairperson: | Fred Steele |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 34,614,833 |
| TOTAL INVESTMENTS | 33,442,754 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 50,656,914 |
| Unsecured Loans | 11,324,349 |
| Other Loans | 42,112,383 |
| TOTAL LOANS | 104,093,646 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -310,838 |
| Land And Building | 4,317,697 |
| Other Fixed Assets | 602,064 |
| NCUSIF Deposit | 1,633,676 |
| All Other Assets | 8,150,120 |
| TOTAL ASSETS | 186,543,952 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 159,636 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,781,465 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 29,655,435 |
| Regular shares | 80,757,809 |
| All Other Shares & Deposits | 60,906,398 |
| TOTAL SHARES & DEPOSITS | 171,319,642 |
| TOTAL LIABILITIES | 174,260,743 |
| Regular Reserve | 2,452,271 |
| Other Reserves | 3,057,517 |
| Undivided Earnings | 6,773,421 |
| TOTAL EQUITY | 12,283,209 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 186,543,952 |
| INCOME & EXPENSE | |
| Loan Income | 5,302,389 |
| Investment Income | 298,873 |
| Other Income | 2,353,144 |
| Total Employee Compensation & Benefits | 6,243,683 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 7,356,665 |
| Non-operating Income & (Expense) | -54,613 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 144,827 |
| Cost of Funds | 873,338 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -5,766,312 |
| ↑ Back to Top | |