Carolinas Telco Federal Credit Union is headquartered in Charlotte and is the 12th largest credit union in the state of North Carolina. It is also the 678th largest credit union in the nation. It was established in 1979 and as of June of 2023, it had grown to 117 employees and 33,653 members at 8 locations. Carolinas Telco Federal Credit Union's CD rates are 4X the national average, and it has a B health rating.
Membership in Carolinas Telco Federal Credit Union is open to North Carolina resident through membership in the North Carolina Consumers Council. Those who live, work, worship, or attend school in select areas of Mecklenburg County, NC; Wake County, NC; Gaston County, NC; or Richland County, SC, are also eligible to join. Employees of many North Carolina and South Carolina Select Employee Groups also qualify for membership.
See current membership details
This a wonderful credit union with exceptional customer care. I wouldn't switch for anything in the world.
Overall | |
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NCUA # | 23494 |
Year Chartered | 1979 |
Employees | 117 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.77% |
Return on Equity - YTD | 10.99% |
Annual Interest Income | $11.5MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $569.8MM$596.6MM |
Loans | Q2 2023vs Q2 2022 | $333.7MM$325.9MM |
Deposits | Q2 2023vs Q2 2022 | $446.1MM$480.3MM |
Equity Capital | Q2 2023vs Q2 2022 | $40.7MM$44.8MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$1.3MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $3.5MM$2.1MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Carolinas Telco Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.51% | - | $15k | Rewards Checking |
Carolinas Telco Federal Credit Union Locations | ||
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Branch Office | 9813 South Blvd Ste 101 | Charlotte, NC 28273 |
Branch Office | 5023 Central Ave | Charlotte, NC 28205 |
Branch Office | 324 Burtonwood Dr | Gastonia, NC 28054 |
Branch Office | 20221 W Catawba Ave | Cornelius, NC 28031 |
Branch Office | 1020 Woodruff Rd | Greenville, SC 29607 |
Branch Office | 110 Outlet Pointe Blvd | Columbia, SC 29210 |
Branch Office | 5712 Creedmoor Rd | Raleigh, NC 27612 |
Branch Office | 2821 Crisman St | Charlotte, NC 28208 |