Credit union · NCUA insured
Carolinas Telco Federal Credit Union
Top CarrotA $514.4M credit union headquartered in Charlotte, NC, with 31,566 members and 8 branches in 2 states. Best rates: CDs 4.30% and savings 2.02% APY.
Carolinas Telco Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 92% of U.S. banks and credit unions
#7 of 38 in Charlotte, NC-SC metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Carolinas Telco Federal Credit Union
Established in 1934, Carolinas Telco Federal Credit Union is headquartered in Charlotte, North Carolina.
Originally growing from accepting change and bills from Bell System employees, the credit union now operates eight branches across five counties in North and South Carolina.
- Headquarters
- 9115 Harris Corners Pkwy, Suite 450, Charlotte, NC 28269-3709
- NCUA charter
- 23494
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or attend school within designated underserved zip codes in Mecklenburg County (NC), Wake County (NC), Gaston County (NC), or Richland County (SC) are eligible for membership.
Employers and groups
- Employees of participating Select Employer Groups (S.E.G.) in North Carolina and South Carolina are eligible for membership.
Family and household
- Immediate family, household members, friends, and co-workers qualify for membership when referred by a current CTFCU member.
Other ways
- Members or persons affiliated with eligible partner associations or cooperatives (such as NC Consumers Council, CWA locals, IBEW Local 379, First in Families of North Carolina, No Grease Barber School, Temple Chapel Baptist Church, or SC Telecommunications and Broadband Association) are eligible for membership.
Cost to join
- An initial share deposit of $5.00 to open a Prime Share Savings Account is required to establish and maintain membership.
Branches
8 branches in 2 states
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North Carolina
6 branches
Charlotte area · 5
- Charlotte - Central Ave.5023 Central Ave, Charlotte, NC 28205Directions
- Charlotte - South Blvd.9813 South Blvd Ste 101, Charlotte, NC 28273Directions
- Charlotte - Tuckaseegee Rd.3921 Tuckaseegee Rd, Charlotte, NC 28208Directions
- Cornelius (Lake Norman)20221 W Catawba Ave, Cornelius, NC 28031Directions
- Gastonia324 Burtonwood Dr, Gastonia, NC 28054Directions
Raleigh area · 1
- Raleigh5712 Creedmoor Rd, Raleigh, NC 27612Directions
South Carolina
2 branches
Columbia area · 1
- Columbia (Outlet Pointe)110 Outlet Pointe Blvd, Columbia, SC 29210Directions
Greenville area · 1
- Greenville1020 Woodruff Rd, Greenville, SC 29607Directions
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
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 15.06% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.91% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.52% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $70 | $76 | — |
- CapitalNet worth ratio15.06%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.91%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.52%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$70Peers’ 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 Carolinas Telco 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.