Credit union · NCUA insured
Caro Federal Credit Union
A $156.1M credit union headquartered in Columbia, SC, with 10,650 members and 5 branches in 2 states.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: rates are not published online. Auto loans: no rates found on its website. Credit cards: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all).
- Savings710.02%3.00% with extra requirementsSavings rates →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Caro Federal Credit Union
Founded in 1967 in Columbia, South Carolina, Caro Federal Credit Union was established by several individuals who pooled their money to make loans for friends who could not get them elsewhere.
Caro Federal Credit Union operates as a member-owned financial institution.
- Headquarters
- 4480 Rosewood Dr, Columbia, SC 29209-2629
- NCUA charter
- 24404
Branches
5 branches in 2 states
Loading map…
South Carolina
3 branches
Columbia area · 2
- Branch 034480 Rosewood Dr, Columbia, SC 29209Directions
- Branch-00710 Pulaski St, Columbia, SC 29201Directions
Greenville area · 1
- St. Francis Branch121 Sumner St, Greenville, SC 29601Directions
Kentucky
2 branches
Drakesboro area · 1
- Paradise13246 State Route 176, Drakesboro, KY 42337Directions
Louisville/Jefferson County area · 1
- Louisville1630 Lyndon Farm Ct Ste 201, Louisville, KY 40223Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 15.41% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.88% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.37% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $73 | $76 | — |
- CapitalNet worth ratio15.41%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.88%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.37%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$73Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Caro Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.