2023-05-12T10:11:10-04:00 2022-12-31 570568919 CANTEY TILLER PIERCE & GREEN LLP PO BOX 862 CAMDEN SC 29021 990 2022-01-01 570476104 PALMETTO HEALTH CREDIT UNION PALM 8039782101 POST OFFICE BOX 100167 COLUMBIA SC 29202 HANSEL HART CEO 8039782101 2023-05-04 true HANSEL HART XXX-XX-XXXX false JANET M PIERCE P00498837 8034321436 2023-05-04 2022 2023-04-26 12:10:37Z HANSEL HART 1333 TAYLOR STREET SUITE 5B COLUMBIA SC 29202 5892737 false X WWW.PALMETTOHEALTHCU.ORG X 1964 SC STATE CHARTERED CREDIT UNION 9 9 21 0 0 5111972 5040329 282640 726925 122690 125483 5517302 5892737 0 0 1682025 1772039 0 0 2830431 2782438 4512456 4554477 1004846 1338260 95924125 92583890 81014059 78165661 14910066 14418229 STATE CHARTERED CREDIT UNION false false 4161066 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. 4161066 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 1743 0 false 21 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 8039782101 1205 COLONIAL LIFE BLVD W COLUMBIA SC 29210 HANSEL HART CEO 50.00 X 217964 0 8641 PAMELA BURGESS SECRETARY X 0 0 0 EUREKA FARRELL BOARD MEMBER X 0 0 0 NANCY MCCLENDON TREASURER X 0 0 0 MARY MCKISSOCK BOARD MEMBER X 0 0 0 FAYE PARKER-BROWN BOARD MEMBER X 0 0 0 SHANNA PERRY BOARD MEMBER X 0 0 0 BJ TRAYNUM VICE CHAIR X 0 0 0 TIM WALKER BOARD CHAIR X 0 0 0 MARY WINSTEAD BOARD MEMBER X 0 0 0 217964 8641 3 false true false MDT 30230 ORCHARD LAKE RD STE 260 FARMINGTON HILLS MI 48334 DATA PROCESSING 460087 FISERV 255 FISERV DR BROOKFIELD WI 53045 CARD PROCESSING 226079 PRISMA HEALTH 1301 TAYLOR ST BOX 10 COLUMBIA SC 29201 RENT 190478 TRUSTMARK 75 REMITTANCE DR STE 3087 CHICAGO IL 60675 EMP MED BENEFIT 180008 4 INT ON LOANS 522291 2309907 2309907 FEE INC 522100 1605332 1605332 OTHER OPERATING INCOME 522100 1125090 1125090 5040329 726925 726925 RENTAL INCOME 125483 125483 125483 5892737 5165812 726925 1394591 1255132 139459 377448 339703 37745 129235 129235 776753 699078 77675 65122 65122 163269 163269 47361 47361 PROFESSIONAL & O/S SERVIC 1385318 1246786 138532 LOAN SERVICING EXPENSE 128583 128583 LOSS ATM/DEBIT/CHKS/ACH 127057 127057 PROVISION FOR LOAN LOSS 93500 93500 -133760 -133760 4554477 4161066 393411 0 30284269 14899751 19826867 28375511 39776843 43194683 371670 442476 5505460 3292029 2420606 2213431 3243870 3458038 95924125 92583890 505945 1368143 80508114 76797518 81014059 78165661 X 14910066 14418229 14910066 14418229 95924125 92583890 X 1338260 -1830097 X false false 90200 90200 1871061 197129 1673932 3544199 3094900 449299 2213431 SHARES 76797518 76797518 false false false HANSEL HART CEO 210547 7417 8641 226605 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 2022 UNREALIZED GAIN -1,750,019 2021 UNREALIZED GAIN -80,078 TOTAL -1,830,097