2021-05-14T12:35:25-05:00 2020-12-31 570568919 CANTEY TILLER PIERCE & GREEN LLP PO BOX 862 CAMDEN SC 29021 990 2020-01-01 570476104 PALMETTO HEALTH CREDIT UNION PALM 8039782101 POST OFFICE BOX 100167 COLUMBIA SC 29202 HANSEL HART CEO 8039782101 2021-05-12 true HANSEL HART XXX-XX-XXXX JANET M PIERCE P00498837 8034321436 2021-05-12 2020 2022-09-23 18:48:47Z HANSEL HART 1333 TAYLOR STREET SUITE 5B COLUMBIA SC 29202 5233439 false X WWW.PALMETTOHEALTHCU.ORG X 1964 SC STATE CHARTERED CREDIT UNION 9 9 27 0 0 5295559 4826609 459326 328819 68923 78011 5823808 5233439 0 0 1707031 1823132 0 0 2878177 2752139 4585208 4575271 1238600 658168 71647443 85386078 58376332 71276718 13271111 14109360 STATE CHARTERED CREDIT UNION false false 4195220 DURING THE YEAR, THE CREDIT UNION SERVED ITS' MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS. 4195220 false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 1646 0 false 27 true false false false false false false false false false false false false false false X 9 9 false false false false true true true true true false false false true true true true true true true false X SHERRI DAVIS 8039782136 1205 COLONIAL LIFE BLVD W COLUMBIA SC 29210 HANSEL HART CEO 40.00 X 148104 0 5471 PAMELA BURGESS SECRETARY X 0 0 0 CHARLENE CATHCART BOARD MEMBER X 0 0 0 NANCY MCCLENDON BOARD MEMBER X 0 0 0 FAYE PARKER-BROWN TREASURER X 0 0 0 SHANNA PERRY-WRIGHT BOARD MEMBER X 0 0 0 EUREKA ROBERTSON BOARD CHAIR X 0 0 0 BJ TRAYNUM BOARD MEMBER X 0 0 0 TIM WALKER VICE CHAIR X 0 0 0 MARY WINSTEAD BOARD MEMBER X 0 0 0 148104 5471 1 false true false MDT 30230 ORCHARD LAKE RD STE 260 FARMINGTON HILLS MI 48334 DATA PROCESSING 401842 ELAN FINANCIAL SERVICES PO BOX 790428 ST LOUIS MO 63179 ATM PROGRAM EXP 234825 BCBS 4101 PERCIVAL ROAD COLUMBIA SC 29229 EMPLOYEE BENEFI 213190 PRISMA HEALTH 1301 TAYLOR ST BOX 10 COLUMBIA SC 29201 RENT 163723 4 INT ON LOANS 522291 2153787 2153787 FEE INC 522100 1800476 1800476 OTHER OPERATING INCOME 522100 872346 872346 4826609 328819 328819 RENTAL INCOME 78011 78011 78011 5233439 4904620 328819 1366927 1230234 136693 456205 410584 45621 20247 20247 742040 667836 74204 34078 34078 600 600 246892 246892 41266 41266 PROFESSIONAL & O/S SERVIC 1235331 1111798 123533 PROVISION FOR LOAN LOSS 145500 145500 LOSS ATM/DEBIT/CHKS/ACH 134988 134988 LOAN SERVICING EXPENSE 129544 129544 21653 21653 4575271 4195220 380051 0 4024375 26842177 22181207 13639334 39556198 38893293 294010 359435 5399902 2781640 2794835 2618262 2796818 3033577 71647443 85386078 668821 -845306 57707511 72122024 58376332 71276718 X 13271111 14109360 13271111 14109360 71647443 85386078 X 658168 180081 X false false false 151800 151800 1778555 89225 1689330 3469547 2692415 777132 2618262 SHARES 72122024 72122024 false false false HANSEL HART CEO 148104 5471 153575 FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION IS OWNED BY ITS MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A AT THE CREDIT UNION'S ANNUAL MEETINGS, THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE MEMBERS ARE SELECTED BY THE MEMBERS OF THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION REVIEWS THE FORM 990 TO ENSURE THAT THERE ARE NO OMISSIONS OR MISSTATEMENTS. FORM 990, PAGE 6, PART VI, LINE 12C NEW CONFLICT OF INTEREST AGREEMENTS ARE SIGNED ANNUALLY. EMPLOYEE HANDBOOKS COVER CONFLICT OF INTEREST POLICIES AND PROCEDURES. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS APPROVES THE PRESIDENT'S ANNUAL SALARY. FORM 990, PAGE 6, PART VI, LINE 15B THE PRESIDENT APPROVES SALARIES FOR EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PERSONS MAY COME INTO ANY OF THE CREDIT UNION'S BRANCHES AND REQUEST A COPY OF ANY OF OUR GOVERNING DOCUMENTS. SOME DOCUMENTS ARE POSTED IN THE BRANCH LOBBIES. FORM 990, PART XI, LINE 9 2019 UNREALIZED LOSS ON INVESTMENTS -104,137 2020 UNREALIZED GAIN 284,218 ROUNDING 0 TOTAL 180,081