Overview / Commentary
1202 N Cashua Dr
Florence, SC 29501

Nucor Employee's Credit Union is headquartered in Florence and is the 35th largest credit union in the state of South Carolina. It is also the 2,533rd largest credit union in the nation. It was established in 1962 and as of December of 2018, it had grown to 8 employees and 7,107 members at 11 locations. Nucor Employee's Credit Union's CD rates are 67% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees of Nucor Corporation.
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Additional 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 low asset base.

Health Grade Components

NCUA #61028
Year Chartered1962
Primary Regulator
Profit Margin
Return on Assets - YTD0.98%
Return on Equity - YTD6.42%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$40.7MM$37.4MM
LoansQ4 2018vs Q4 2017$24.1MM$22.3MM
DepositsQ4 2018vs Q4 2017$34.2MM$30.9MM
Equity CapitalQ4 2018vs Q4 2017$6.2MM$5.8MM
Loan Loss AllowanceQ4 2018vs Q4 2017$308.00K$292.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$168.00K$308.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Nucor Employee's Credit Union Savings Account Rates

0.30%*$1k*-Share Account
OTHER TIERS: 0.10% $5 - $1k
0.30%--IRA Share Account

Nucor Employee's Credit Union Checking Account Rates

0.05%--Share Draft Account

Nucor Employee's Credit Union CD Rates

1.50%$1k-12 Month Share Certificate
1.25%$1k-6 Month Share Certificate


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