Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
6923 N Trenholm Rd
Columbia, SC 29206

Allsouth Credit Union is headquartered in Columbia and is the 6th largest credit union in the state of South Carolina. It is also the 326th largest credit union in the nation. It was established in 1960 and as of March of 2014, it had grown to 269 employees and 104,629 members. Allsouth Credit Union has a A+ health rating.

Field of Membership Restrictions

Anyone who lives, works, worships or attends school in Richland, Lexington, Newberry, Saluda, Fairfield, Sumter, Kershaw or Calhoun Counties is eligible to join AllSouth. Immediate family members of current members, and immediate family members of individuals within the field of membership are also eligible to join. - See Details

Related Posts

No reviews have been left for this bank yet. Be the first to review.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Allsouth Credit Union had $319,000 in non-current loans and owned real-estate with $95.44 million in equity and loan loss allowances on hand to cover it. This gives Allsouth Credit Union a Texas Ratio of 0.33% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Allsouth Credit Union decreased dramatically from 1.32% as of March 31, 2013 to 0.33% as of March 31, 2014, resulting in a positive change of 74.68%.This indicates that the balance sheet and financial strength for Allsouth Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Allsouth Credit Union has increased its total deposits by $1.06 million, resulting in 0.18% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Allsouth Credit Union has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Allsouth Credit Union has $693.4 million in assets with $95.44 million in equity, resulting in a capitalization level of 13.76%, which is excellent.

Institution Statistics

NCUA #13828
Year Chartered1960
Primary Regulator
Assets and Liabilities
Assets$693.40 million
Loans$345.15 million
Deposits$597.95 million
Equity Capital$92.64 million
Loan Loss Allowance$2.79 million
Unbacked Noncurrent Loans$319,000
Real Estate Owned$0
Historic Data - March 2013
Assets$686.84 million
Equity Capital$86.75 million
Loan Loss Allowance$2.65 million
Unbacked Noncurrent Loans$319,000
Real Estate Owned$483,000
Profit Margin - Quarterly
Net Interest Margin0.87%
Return on Assets1.07%
Return on Equity8.04%
Interest Income$3.61 million

Always verify rates and promotions with the bank or credit union. We are not Allsouth Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Allsouth Credit Union Savings Account Rates

0.15%$100-Membership Savings
0.15%$100-Kids Club
0.15%$25-IRA Savings
0.15%$25-Roth IRA Savings
0.15%$25-CESA Savings Account
0.10%--Christmas Club
0.10%--Cookie Jar club

Allsouth Credit Union Money Market Rates

0.30%$100k-Money Market Account

Allsouth Credit Union Checking Account Rates

0.05%$1k-Interest Checking

Allsouth Credit Union CD Rates

1.00%$100k-60 Month CD
0.70%$100k-36 Month CD
0.55%$100k-24 Month CD
0.40%$100k-12 Month CD
0.30%$100k-6 Month CD
0.25%$100k-3 Month CD
0.25%$100-12 Month Add-On CD

Allsouth Credit Union has 22 locations. Click to view all Allsouth Credit Union locations.