Dec, 31, 2023 — SOUTH CAROLINA NATIONAL GUARD FEDERAL CREDIT UNION is a federal credit union headquartered in COLUMBIA, SC with 2 branch locations and about $89.89 million in total assets. Opened 58 years ago in 1966, SOUTH CAROLINA NATIONAL GUARD FEDERAL CREDIT UNION has about 5,738 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SOUTH CAROLINA NATIONAL GUARD FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1225 Bluff Rd COLUMBIA, SC 29201 |
| Phone: | (803) 799-1090 |
| Fax: | (803) 254-6315 |
| Website: | https://www.scnationalguardfcu.org |
| Branches: | 2 branch locations |
| Members: | 5,738 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17636 |
|---|---|
| Membership Type: | Multiple common bond - Primarily military |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Oct 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $89,892,130 |
| CEO/Manager: | TRAVIS HALL |
| Chairperson: | TOM MARSHALL |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 24,634,536 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,720,123 |
| Unsecured Loans | 4,988,626 |
| Other Loans | 30,809,161 |
| TOTAL LOANS | 37,517,910 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -396,000 |
| Land And Building | 225,664 |
| Other Fixed Assets | 91,023 |
| NCUSIF Deposit | 712,790 |
| All Other Assets | 0 |
| TOTAL ASSETS | 89,892,130 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 128,604 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 933,939 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 13,704,237 |
| Regular shares | 35,292,646 |
| All Other Shares & Deposits | 22,684,989 |
| TOTAL SHARES & DEPOSITS | 71,681,872 |
| TOTAL LIABILITIES | 72,744,415 |
| Regular Reserve | 0 |
| Other Reserves | -3,336,828 |
| Undivided Earnings | 20,484,543 |
| TOTAL EQUITY | 17,147,715 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 89,892,130 |
| INCOME & EXPENSE | |
| Loan Income | 2,637,104 |
| Investment Income | 1,816,496 |
| Other Income | 405,722 |
| Total Employee Compensation & Benefits | 1,348,921 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,314,405 |
| Non-operating Income & (Expense) | -3 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 155,635 |
| Cost of Funds | 411,528 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,268,927 |
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