Carolina Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.90%	5-year CD	5 Year Share Certificate 1.85% - Synchrony Bank 60 Month CD
0.75%	1-year CD	1 Year Share Certificate 1.05% - Ally Bank High Yield 12-Month CD
0.20%	Savings	Share Savings Account 1.00% - Ally Bank Online Savings Account

View all Carolina Federal Credit Union rates »

Overview / Commentary

www.carolinafcu.org

800-378-1955

1200 E Church Street
Cherryville, NC 28021

Carolina Federal Credit Union is headquartered in Cherryville and is the 39^th largest credit union in the state of North Carolina. It is also the 2,439^th largest credit union in the nation. It was established in 1969 and as of June of 2016, it had grown to 12 employees and 5,372 members at 1 location. Carolina Federal Credit Union's money market rates are 14% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Gaston or Cleveland Counties in North Carolina and employees and retirees of sponsor companies.
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Health

B

Data as of Q2 2016

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Additional 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. Carolina Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	19788
Year Chartered	1969
Employees	12
Primary Regulator

Profit Margin
Return on Assets - YTD	0.22%
Return on Equity - YTD	2.01%
Annual Interest Income	$1.0MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$44.8MM$41.7MM
Loans	Q2 2016vs Q2 2015	$31.4MM$29.0MM
Deposits	Q2 2016vs Q2 2015	$39.7MM$36.8MM
Equity Capital	Q2 2016vs Q2 2015	$4.9MM$4.8MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$509.00K$410.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$693.00K$506.00K
Real Estate Owned	Q2 2016vs Q2 2015	$0$0

Rates

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Money Market
Checking
CD

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Carolina Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.95%	-	-	IRA Savings Account
0.20%	$25	-	Share Savings Account

Carolina Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%^*	$50k^*	-	Money Market Savings Account
OTHER TIERS: 0.35% → $2,500 - $10k \| 0.40% → $10k - $25k \| 0.45% → $25k - $50k

Carolina Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	-	-	Checking Account

Carolina Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.90%^*	$50k^*	-	5 Year Share Certificate
OTHER TIERS: 1.55% → $1k - $50k
1.40%^*	$50k^*	-	3 Year Share Certificate
OTHER TIERS: 1.25% → $1k - $50k
0.85%^*	$50k^*	-	2 Year Share Certificate
OTHER TIERS: 0.75% → $1k - $50k
0.75%^*	$50k^*	-	1 Year Share Certificate
OTHER TIERS: 0.65% → $1k - $50k
0.40%	$10k	-	6 Month Share Certificate

Locations

Carolina Federal Credit Union Locations
Branch Office	1200 E Church St	Cherryville, NC 28021-9211