Carolina Cooperative Federal Credit Union
Carolina Cooperative Federal Credit Union is headquartered in Charlotte and is the 39th largest credit union in the state of North Carolina. It is also the 2,393rd largest credit union in the nation. It was established in 1962 and as of September of 2022, it had grown to 15 employees and 10,245 members at 3 locations. Carolina Cooperative Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Must be an employee of one of Carolina Cooperative Federal Credit Union's several Select Employee Groups (SEGs). Also open to those who live, work, worship or attend school in Gaston County.
See current membership details
Opening An Account
This is the worse credit union I have ever been to. It is so unfriendly . I'd put my money in a hole in the ground before I put it in this credit union.
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24801 |
| Year Chartered | 1962 |
| Employees | 15 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.58% |
| Return on Equity - YTD | 4.96% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $57.5MM$52.9MM |
| Loans | Q3 2022vs Q3 2021 | $50.5MM$40.5MM |
| Deposits | Q3 2022vs Q3 2021 | $50.3MM$46.3MM |
| Equity Capital | Q3 2022vs Q3 2021 | $6.6MM$6.3MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $184.00K$140.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $297.00K$235.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |