Why South Carolina Federal?

About Us

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South Carolina Federal exists solely to serve our members, not stockholders.
That means every dollar you invest in South Carolina Federal is reinvested in you.

South Carolina Federal Credit Union offers a full range of financial services including savings and investments, checking, credit cards and loans. We offer a personable environment, with convenience unsurpassed in our area. Our team's entire focus is on personally providing the products, services, tools and forward thinking that allow members to focus on making their lives more satisfying.

Credit union membership is ownership. We are not-for-profit and exist only for the financial benefit of our membership. As a result, South Carolina Federal is able to pay competitive dividends on savings and offer attractive interest rates on loans. Find out the Credit Union Difference.

As a federally chartered credit union, organized under strict regulatory laws, our operations are monitored and enforced by the National Credit Union Administration, an agency of the U.S. Government. Your deposits are federally insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), an arm of the National Credit Union Administration (NCUA). For more information on share insurance, click here.

State-of-the Art Security

Better Than Bank Rates

24 Hours

Access your account 24/7

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View the awards South Carolina Federal has won.
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South Carolina Federal Credit Union has provided convenient financial services since its founding in 1936. Fourteen naval shipyard workers contributed $5, for a total of $70. That small beginning sparked what is now one of the largest credit unions in the country, serving over 150,000 members.

  • 1936 - Chartered as Charleston Navy Yard Employees Federal Credit Union
  • 1960 - Changed name to Charleston Naval Shipyard (CNS) Federal Credit Union when membership was expanded to include Navy personnel working in the Navy Yard
  • 1965 - Opened at the Shipyard, becoming the first credit union in the state with our own facility
  • 1969 - Opened Naval Station branch
  • 1974 - Only credit union in South Carolina providing monthly statements and processing transactions with same-day receipts
  • 1979 - Opened a 5-story operations building at 2175 Credit Union Lane, in North Charleston
  • 1981 - Opened our first ATM. By 1984 there were 14 ATMs throughout the area
  • 1989 - Hurricane Hugo disrupted the lives of many members, the credit union forgave $83,000 in returned check fees and another $46,000 in service charges to assist those members in time of need
  • 1994 - Changed name to South Carolina Federal Credit Union to better represent service area
  • 2000 - Online Banking available to members free of charge
  • 2003 - Updated status to that of a community-chartered credit union, opening membership to all who live, work, and worship in Charleston, Dorchester, Berkeley, Calhoun, Georgetown, Orangeburg and most of Lexington and Richland counties
  • 2009 - Opened new state-of-the-art operations center at 6265 Rivers Avenue, North Charleston
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Board of Directors

South Carolina Federal Credit Union is governed by a Board of Directors that establishes and reviews policy. Directors are credit union members, elected by the membership and serve without pay, each with one vote.

  • Mary L. Whited | CPA, Board Chairman
  • George H. Shaver | Vice Chairman
  • Richard I. Buckner | Secretary
  • J. Ralph Cathey | Treasurer
  • Brigadier General J. Emory Mace (Ret.) | Member
  • Colonel Kelvin L. Brown | Member
  • Joseph E. Bolchoz, Jr. | Member

Correspondence with the Board of Directors may be sent to:
South Carolina Federal Credit Union Board of Directors
Suite 501 P.O. Box 190012
North Charleston, SC 29419-9012

Supervisory Committee

The South Carolina Federal Supervisory Committee is responsible for determining that the credit union’s financial condition is accurately and fairly presented in our financial statements and that management procedures and practices are adequate to safeguard members' assets. The Committee is responsible for overseeing the credit union’s internal control systems and contracting for financial and specialty audits with the help of our internal auditors and our annual independent financial statement audit.

  • Captain R. Patrick Flynn, Esquire | Chairman
  • Michelle Kelley, Esquire | Vice Chairman
  • Matthew Alexander | Secretary
  • Representative Joseph S. Daning | Member
  • Joseph E. Bolchoz, Jr. | CCUV,Board Liaison

Correspondence with the Supervisory Committee may be sent in confidence to:
South Carolina Federal Credit Union Supervisory Committee
P.O. Box 60935
North Charleston, SC 29419-0935

Volunteer Advisors

Volunteer Advisors contribute to decisions that determine credit union progress. In this role, advisors focus on the credit union philosophy and operations. They attend monthly board meetings and contribute on appointed committees.

  • Robert E. Bendetti, Jr. | CPA
  • Lieutenant Colonel Robert Spafford


South Carolina Federal’s management team is charged with the leadership of daily operations and decisions that keep our credit union on a sound strategy to reach our financial goals and membership mission. Our executive team focuses its considerable experience and expertise on finding ways to simplify the lives of our members by staying one step ahead.

  • Scott Woods | CPA, CIA, MBA, President and CEO
  • Troy Hall, Ph.D. | Chief Strategy Officer
  • Beth Jaskiewicz | CME, Senior Vice President, Marketing
  • Leslie Norris | SPHR, Senior Vice President, Human Resources
  • Joe Grech | CPA, CCUE, MBA, Chief Financial Officer
  • Bonnie Karst Ciuffo | CPA, CIA, President South Carolina Financial Solutions, LLC 
  • Brad Williams | Chief Technology Officer
  • Margaret V. Miller | CFSA, CBM, Senior Vice President, Audit Services
  • Trey Gantt | MBA, Senior Vice President, Lending Services
  • John Tant Consulting Senior Vice President, Lending Services
  • Sanjay Malhotra | MBA, SVP of Sales and Service