Overview / Commentary
Dixies Federal Credit Union is headquartered in Darlington and is the 32nd largest credit union in the state of South Carolina. It is also the 2,376th largest credit union in the nation. It was established in 1947 and as of September of 2019, it had grown to 17 employees and 4,304 members at 2 locations. Dixies Federal Credit Union's money market rates are 36% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Dixies Federal Credit Union offers membership to those who work, worship, attend school or live in Darlington or Florence County, as well as, businesses and other legal entities; and to employees and retirees of Georgia-Pacific of Darlington.
See current membership details
Health
B+
Data as of Q3 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Dixies Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 5569 |
| Year Chartered | 1947 |
| Employees | 17 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.72% |
| Return on Equity - YTD | 3.84% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $47.3MM$46.2MM |
| Loans | Q3 2019vs Q3 2018 | $30.9MM$30.2MM |
| Deposits | Q3 2019vs Q3 2018 | $37.9MM$37.0MM |
| Equity Capital | Q3 2019vs Q3 2018 | $9.0MM$8.7MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $344.00K$337.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $62.00K$407.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $172.00K$27.00K |