LATITUDE 32 Credit Union Profile

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LATITUDE 32

Charter #8059 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (843) 556-4809

Fax: (843) 556-2868

Founding Date: N/A

Website: http://www.latitude32.org

Personnel & Operations

President: Quick, Chris

Manager: Rhymer, Marcus

FT Employees: 17

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 2

Hours: 8:30 TO 5:30

Credit Union Profile Summary

LATITUDE 32 is a FCU Credit Union. With a total of 6,407 members [1], this institution manages approximately $66,988,928 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 14.29% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -10.36% [1].

Financial Snapshot

Total Assets [1]
$66,988,928

Total economic resources.

Total Loans [1]
$44,476,632

Total value of outstanding loans.

Total Deposits [1]
$57,176,383

Total funds deposited by members.

Members [1]
6,407

Number of active members.

Performance Ratios

Net Worth Ratio [1]
14.29%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.36%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
77.79%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 1.30%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -10.36%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -3.76%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1845 SAM RITTENBERG BLVD

CHARLESTON, SC, 29407
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 2 branches reported by LATITUDE 32 (Charter #8059).

Main Office

West Ashley Branch Main Office

Type: Corporate Office

1845 Sam Rittenberg Blvd

Charleston, SC 29407

Phone: (843) 556-4809

Services: Member Services, Drive-Thru

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Additional Branches

Charleston

VA Branch

Type: Branch Office

109 Bee St

Charleston, SC 29401-5703

Phone: (843) 556-4809

Services: Member Services, ATM

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