Carolina Trust Federal Credit Union

Headquarters

1010 21st Ave N, P.o.box 780004
Myrtle Beach, SC 29578
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.03% 5.50% →
1-Year CD 0.40% 4.80% →
2-Year CD 0.55% 4.25% →
5-Year CD 1.05% 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Carolina Trust is an NCUA insured institution located in Myrtle Beach, SC. It was founded in 1958 and has approximately $395.44 millions in assets.

Who can join?

Membership is open to residents, businesses and entities of Horry, Georgetown, Marion, Williamsburg and lower Florence County (south of Lynches River). If you live, work, worship, volunteer or attend school in the counties referenced above, then you can join. Relatives of members are also eligible to join our Credit Union.

NCUA Insured Yes / Federally Chartered
Charter Number # # 12361
Date Established 1958
Assets $395.44 million
Loans $279.46 million
Deposits $361.76 million
Capital $36.51 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship, volunteer or attend school in Horry, Georgetown, Marion, Williamsburg or lower Florence County (south of Lynches River)

Deposit Rates - November 12, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.03% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.40% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
18 Mo CD
0.45% $10,000 $14,999 Learn More
18 Mo CD
0.45% $100,000 $199,999 Learn More
24 Mo CD
0.55% $10,000 $14,999 Learn More
24 Mo CD
0.55% $100,000 $199,999 Learn More
36 Mo CD
0.60% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More
48 Mo CD
0.80% $10,000 $14,999 Learn More
48 Mo CD
0.80% $100,000 $199,999 Learn More
60 Mo CD
1.05% $10,000 $14,999 Learn More
60 Mo CD
1.05% $100,000 $199,999 Learn More

Loan Rates - November 12, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Carolina Trust

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Pure Rate Mortgage
NMLS ID: 2578474
6.494% 6.375% 0.88 $4,010 $1,997 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.981% 6.875% 0.88 $3,442 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.225% 7.125% 1.00 $3,200 $2,156 Learn More
Neighbors Bank
NMLS ID: 491986
Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR
7.490 %
After Intro: 7.490 %
$0 Learn More
More Info

Note to Carolina Trust
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Carolina Trust branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio



Climate Policy and Initiatives

CAROLINA TRUST is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Carolina Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Carolina Trust. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Carolina Trust U.S. Average
6.37% 5.83

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2024, Carolina Trust had $2,412,920 in non-current loans and $81,449 in owned assets. To cover these potential losses it had $36,510,590 in net worth and $2,669,994 in loans loss reserves. That gives it a Texas Ratio of 6.37%.

Net Worth
Carolina Trust U.S. Average
9.17% 13.93%

Carolina Trust FCU has a net worth of 9.17% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Carolina Trust


  • July 17, 2018

    the bank is very close to me but has terrible interest rate never bank with them.


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