Credit Union CEO Re-Elected to Chair First Carolina
04 Sep 2012

(CHARLESTON, S.C.) – September 4, 2012 – Scott Woods, President and CEO of South Carolina Federal Credit Union, has been re-elected Chairman of the Board of Directors for the First Carolina Corporate Credit Union.


First Carolina provides investment vehicles, access to liquidity and other services to all consumer credit unions in North and South Carolina. First Carolina serves more than 170 member credit unions in both states and operates with $1.5 billion dollars in assets.


Currently, Woods serves on the boards for the Palmetto Cooperative Services, LLC, the South Carolina ACH Association and Indirect Lending Services, LLC. Woods also serves on the Community Investment Council of the Federal Reserve Bank of Richmond as well as the Governmental Affairs Conference Committee (GAC) for the Credit Union National Association.


Scott Woods has been President and CEO of South Carolina Federal since 2004. Prior to accepting this role he served as Chief Financial Officer of South Carolina Federal.




About South Carolina Federal

South Carolina Federal Credit Union is headquartered in North Charleston. More than 140,000 members own and belong to the not-for-profit financial cooperative, which has over $1.3 billion in assets. South Carolina Federal is a community-chartered credit union. Anyone who lives, works, worships or attends school in Berkeley, Charleston, Dorchester, Calhoun, Orangeburg or Georgetown counties, and most of the Columbia area, is eligible to join. South Carolina Federal has 17 branches, and 74 ATMs throughout Charleston, Columbia and Georgetown. More information about South Carolina Federal can be found at or on the SiMPLE CENTS blog at



Contact: Jessica Jackson VP-Corporate Communications

South Carolina Federal Credit Union

843-569-4359 (office)