Overview / Commentary
AllSouth Federal Credit Union is headquartered in Columbia and is the 7th largest credit union in the state of South Carolina. It is also the 354th largest credit union in the nation. It was established in 1960 and as of June of 2024, it had grown to 324 employees and 118,939 members at 23 locations. AllSouth Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in AllSouth Federal Credit Union is open to those who live, work, worship, or attend school in the South Carolina counties of Calhoun, Fairfield, Kershaw, Lexington, Newberry, Orangeburg, Richland, Saluda, Sumter.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 13828 |
| Year Chartered | 1960 |
| Employees | 324 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.94% |
| Return on Equity - YTD | 12.09% |
| Annual Interest Income | $29.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $1.33B$1.26B |
| Loans | Q2 2024vs Q2 2023 | $674.6MM$686.5MM |
| Deposits | Q2 2024vs Q2 2023 | $1.1B$1.07B |
| Equity Capital | Q2 2024vs Q2 2023 | $213.3MM$182.2MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $7.7MM$7.9MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $2.4MM$2.7MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $227K$0 |
