Dec, 31, 2023 — S. C. H. D. DIST #7 FEDERAL CREDIT UNION is a federal credit union headquartered in ORANGEBURG, SC with 1 branch location and about $3.95 million in total assets. Opened 57 years ago in 1967, S. C. H. D. DIST #7 FEDERAL CREDIT UNION has about 521 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | S. C. H. D. DIST #7 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 293 BROUGHTON ST ORANGEBURG, SC 29115-7361 |
| Phone: | (803) 536-0040 |
| Fax: | (803) 539-2834 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 521 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18423 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,950,282 |
| CEO/Manager: | Jacqueline S Gulley |
| Chairperson: | George L Jones |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,281,578 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 662,823 |
| Other Loans | 1,740,935 |
| TOTAL LOANS | 2,403,757 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -57,020 |
| Land And Building | 0 |
| Other Fixed Assets | 5,272 |
| NCUSIF Deposit | 28,852 |
| All Other Assets | 7,900 |
| TOTAL ASSETS | 3,950,282 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 32,107 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 10,459 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,555,717 |
| All Other Shares & Deposits | 1,553,079 |
| TOTAL SHARES & DEPOSITS | 3,108,796 |
| TOTAL LIABILITIES | 3,151,362 |
| Regular Reserve | 0 |
| Other Reserves | 20,641 |
| Undivided Earnings | 778,279 |
| TOTAL EQUITY | 798,920 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,950,282 |
| INCOME & EXPENSE | |
| Loan Income | 221,324 |
| Investment Income | 64,936 |
| Other Income | 2,843 |
| Total Employee Compensation & Benefits | 70,660 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 99,418 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 53,827 |
| Cost of Funds | 45,262 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 34,415 |
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