1St Cooperative Federal Credit Union
LOCATIONS
1
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HEALTH RATING
B+
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CURRENT TOP RATE
1.35% APY
24 Month CD
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Overview / Commentary
1St Cooperative Federal Credit Union is headquartered in Cayce and is the 45th largest credit union in the state of South Carolina. It is also the 3,523rd largest credit union in the nation. It was established in 1970 and as of September of 2019, it had grown to 3 employees and 2,434 members at 1 location. 1St Cooperative Federal Credit Union's CD rates are 28% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
1st Cooperative Federal Credit Union is open to employees of South Carolina Electric Cooperative and its directors/trustees and immediate family.
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Health
B+
Data as of Q3 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. 1St Cooperative Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24627 |
| Year Chartered | 1970 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.46% |
| Return on Equity - YTD | 10.48% |
| Annual Interest Income | $617.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $16.6MM$16.0MM |
| Loans | Q3 2019vs Q3 2018 | $14.8MM$12.5MM |
| Deposits | Q3 2019vs Q3 2018 | $14.3MM$13.9MM |
| Equity Capital | Q3 2019vs Q3 2018 | $2.3MM$2.1MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $19.00K$20.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $15.00K$33.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |