Bank · FDIC insured
Woodruff Federal Savings and Loan Association
A $104.2M bank headquartered in Woodruff, SC, with 1 branch in South Carolina. Best rates: savings 3.53% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: no accounts of this kind found on its website. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- Savings963.53%at $1,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Woodruff Federal Savings and Loan Association
Founded in 1934 by local business leaders in Woodruff, South Carolina, Woodruff Federal was established to serve the savings and loan needs of the town's growing textile community.
The institution serves individuals, families, churches, and business owners across Spartanburg and neighboring counties including Greenville, Union, and Laurens.
- Headquarters
- 247 N Main St, Woodruff, SC 29388
- FDIC certificate
- 29238 ↗
Branches
1 branch in South Carolina
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South Carolina
1 branch
- Woodruff Federal Savings and Loan AssociationMain office247 N Main St, Woodruff, SC 29388Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 31.47% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.42% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.33% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $95 | $81 | — |
- CapitalLeverage ratio31.47%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.42%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.33%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$95Peers’ middle $81
Compared with the 2,650 banks 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 noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Woodruff Federal Savings and Loan Association are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.