Credit Unions Near Me
National Credit Union Service Organization

CARO FEDERAL CREDIT UNION

Jun, 30, 2021 — CARO FEDERAL CREDIT UNION is a federal credit union headquartered in COLUMBIA, SC with 2 branch locations and about $109.22 million in total assets. Opened 54 years ago in 1967, CARO FEDERAL CREDIT UNION has about 6,479 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 253978824
Name:CARO FEDERAL CREDIT UNION
Address:
(Main Office)
4480 ROSEWOOD DRIVE
COLUMBIA, SC 29209-2629
Phone:(803) 227-5555
Fax:(803) 227-5566
Website:http://www.smartcaro.org
Branches:2 branch locations
Members:6,479
Credit Union Type:Federal Credit Union
Charter Number:24404
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1967
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$109,217,140
CEO/Manager:Anne Shivers
Chairperson:Kenneth Corbett

Call Report

  • Credit Builder
  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,932,428
TOTAL INVESTMENTS 25,859,042
Loans Held for Sale 0
 
 Real Estate Loans 34,565,025
 Unsecured Loans 6,613,889
 Other Loans 21,970,222
 TOTAL LOANS 63,181,230
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -360,415
 Land And Building 2,860,732
 Other Fixed Assets 337,474
 NCUSIF Deposit 893,533
 All Other Assets 5,513,116
  TOTAL ASSETS 109,217,140
LIABILITIES & CAPITAL:  
 Dividends Payable 47,113
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 818,689
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 29,297,315
 Regular shares 53,742,185
 All Other Shares & Deposits 11,770,327
  TOTAL SHARES & DEPOSITS 94,809,827
  TOTAL LIABILITIES 95,675,629
 Regular Reserve 1,610,702
 Other Reserves 962,370
 Undivided Earnings 10,968,439
  TOTAL EQUITY 13,541,511
  TOTAL LIABILITIES, SHARES, & EQUITY 109,217,140
INCOME & EXPENSE  
 Loan Income 1,636,038
 Investment Income 69,190
 Other Income 429,923
 Total Employee Compensation & Benefits 897,512
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,391,864
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 92,348
 Cost of Funds 108,564
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -46,112
↑ Back to Top

Other Credit Unions

SOUTH CAROLINA METHODIST CONF CREDIT UNION
PO BOX 11335
COLUMBIA, SC 29211
BROOKLAND FEDERAL CREDIT UNION
949 Sunset Blvd
WEST COLUMBIA, SC 29169
S. C. H. D. DIST #7 FEDERAL CREDIT UNION
PO Box 556
ORANGEBURG, SC 29116-0556
SUMTER CITY CREDIT UNION
21 N Main St
SUMTER, SC 29150
1ST COOPERATIVE FEDERAL CREDIT UNION
808 Knox Abbott Dr
CAYCE, SC 29033-3318
COLUMBIA POST OFFICE CREDIT UNION
P. O. BOX 985
COLUMBIA, SC 29202
EDISTO FEDERAL CREDIT UNION
1880 RUSSELL ST
ORANGEBURG, SC 29115-6107
PALMETTO HEALTH CREDIT UNION
PO Box 100167
COLUMBIA, SC 29202-3167
MID CAROLINA CREDIT UNION
PO Box 549
LUGOFF, SC 29078