South Carolina Credit Union

South Carolina Credit Union is headquartered in North Charlesto and is the 2^nd largest credit union in the state of South Carolina. It is also the 135^th largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 383 employees and 154,223 members. South Carolina Credit Union has a 4-star health rating.

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Data for Q4 2011

Institution Statistics SOUTH CAROLINA NCUA # 1022 BankRate Report View Year Chartered 1936 Employees 383 Primary Regulator Assets and Liabilities Assets $1.27 billion Loans $844.01 million Deposits $1.02 billion Equity Capital $127.28 million Loan Loss Allowance $18.22 million Unbacked Noncurrent Loans $12.78 million Real Estate Owned $702,000 Historic Data - December 2010 Assets $1.27 billion Equity Capital $123.35 million Loan Loss Allowance $25.25 million Unbacked Noncurrent Loans $13.38 million Real Estate Owned $1.54 million Profit Margin - Quarterly Net Interest Margin 5.46% Return on Assets 0.31% Return on Equity 3.09% Interest Income $55.23 million Non-Interest Income $33.75 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 South Carolina Credit Union had $13.48 million in non-current loans and owned real-estate with $145.5 million in equity and loan loss allowances on hand to cover it. This gives South Carolina Credit Union a Texas Ratio of 9.27% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for South Carolina Credit Union held steady from 10.04% as of December 31, 2010 to 9.27% as of December 31, 2011, resulting in a positive change of 7.67%.This indicates that the balance sheet and financial strength for South Carolina Credit Union has held steady in recent periods. Deposit Growth In the past year, South Carolina Credit Union has increased its total deposits by $9.76 million, resulting in 0.96% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth South Carolina Credit Union has shown is average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. South Carolina Credit Union has $1.27 billion in assets with $145.5 million in equity, resulting in a capitalization level of 11.48%, which is above average.

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