Overview / Commentary
Nucor Employee's Credit Union is headquartered in Florence and is the 29th largest credit union in the state of South Carolina. It is also the 2,203rd largest credit union in the nation. It was established in 1962 and as of March of 2025, it had grown to 9 employees and 8,365 members at 13 locations. Nucor Employee's Credit Union has a B+ health rating.
Field of Membership Restrictions
Nucor Employee's Credit Union is open to the employees of Nucor Corporation and their immediate families.
See current membership details
Health
B+
Data as of Q1 2025
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. Nucor Employee's Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 61028 |
| Year Chartered | 1962 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.35% |
| Return on Equity - YTD | 12.55% |
| Annual Interest Income | $786K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $65.6MM$66.3MM |
| Loans | Q1 2025vs Q1 2024 | $39.9MM$38.3MM |
| Deposits | Q1 2025vs Q1 2024 | $53.2MM$55MM |
| Equity Capital | Q1 2025vs Q1 2024 | $11.9MM$10.2MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $182K$265K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $268K$207K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
