REGULATING AGENCY: South Carolina Board of Financial Institutions; Office of the Commissioner of Banking
- Rick Green, Commissioner
- Kathy Bickham, Deputy Commissioner
- Website: bofi.sc.gov
LEAGUE: Carolinas Credit Union League
STATS: (As of Dec 2020)
- TOTAL # SCUs: 9
- TOTAL # FCUs: 46
- SCU % OF TOTAL (SCUS #/STATE TOTAL #): 16% of 55 SC CUs
- TOTAL $ SCU ASSETS: $753,00,939
- TOTAL $ FCU ASSETS: $17,638,218,429
- TOTAL ASSETS: $18,391,419,368
- SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 4%
FUN FACT: The Isle of Palms was originally named Hunting Island and then Long Island, it’s thought to be at least 25,000 years old and was first inhabited by the indigenous Seewee Indians.
JUNE 29, 2021 — In this limited article series, the Carolinas Credit Union League highlights the six challenges identified in the CUNA Small Credit Union Committee’s “State of Small Credit Unions Today” white paper, sharing the committee’s recommended solutions and where the League, Carolinas Foundation, and others are working to bring those solutions to fruition.
In our first installment, we took a closer look at small credit unions’ challenge in keeping up with technology demands and where the Carolinas Credit Union Foundation’s new grant program is aiding in this need. Now, we take a look at Challenge 2: Board Leadership and Engagement.
Click here to take a look at the stories that have been collected over the years in South Carolina.
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