Carolina Foothills Federal Credit Union
Overview / Commentary
Carolina Foothills Federal Credit Union is headquartered in Spartanburg and is the 17th largest credit union in the state of South Carolina. It is also the 1,268th largest credit union in the nation. It was established in 1960 and as of June of 2024, it had grown to 57 employees and 19,494 members at 6 locations. Carolina Foothills Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Carolina Foothills Federal Credit Union is open to those who live, work, worship, or attend school in the South Carolina counties of Greenville, Spartanburg, or Cherokee. Employees of more than 125 local businesses/companies also qualify for membership, as do immediate family and household members of current members.
See current membership details
Health
A
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 13476 |
| Year Chartered | 1960 |
| Employees | 57 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.06% |
| Return on Equity - YTD | -0.53% |
| Annual Interest Income | $4.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $201MM$187.3MM |
| Loans | Q2 2024vs Q2 2023 | $140.4MM$133.7MM |
| Deposits | Q2 2024vs Q2 2023 | $167.1MM$161.7MM |
| Equity Capital | Q2 2024vs Q2 2023 | $23.9MM$22.3MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $1.2MM$761K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $1MM$519K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |