Carolinas Telco Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.20%

Our Rating

3.8 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.ctelco.org

800-622-5305

2821 Crisman St
Charlotte, NC 28208

Carolinas Telco Federal Credit Union is headquartered in Charlotte and is the 13^th largest credit union in the state of North Carolina. It is also the 740^th largest credit union in the nation. It was established in 1979 and as of March of 2025, it had grown to 93 employees and 32,491 members at 10 locations. Carolinas Telco Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

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

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #	23494
Year Chartered	1979
Employees	93
Primary Regulator

Profit Margin
Return on Assets - YTD	0.29%
Return on Equity - YTD	3.66%
Annual Interest Income	$5.4MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$513.3MM$551MM
Loans	Q1 2025vs Q1 2024	$295.3MM$306.2MM
Deposits	Q1 2025vs Q1 2024	$428.8MM$436.8MM
Equity Capital	Q1 2025vs Q1 2024	$41MM$37.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$5.4MM$4.2MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$2.9MM$4.2MM
Real Estate Owned	Q1 2025vs Q1 2024	$115K$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.20%

Our Rating

3.8 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for Carolinas Telco Federal Credit Union are currently being reviewed.

Locations

Cities: Charlotte, Columbia, Cornelius, Gastonia, Greenville, Raleigh, San Diego

Charlotte Branches
Branch Office	5023 Central Ave	Charlotte, NC 28205
Branch Office	9813 South Blvd Ste 101	Charlotte, NC 28273
Corporate Office	9115 Harris Corners Pkwy Suite 450	Charlotte, NC 28269-3709
Corporate Office	3921 Tuckaseegee Rd	Charlotte, NC 28208

Columbia Branches
Branch Office	110 Outlet Pointe Blvd	Columbia, SC 29210

Cornelius Branches
Branch Office	20221 W Catawba Ave	Cornelius, NC 28031

Gastonia Branches
Branch Office	324 Burtonwood Dr	Gastonia, NC 28054

Greenville Branches
Branch Office	1020 Woodruff Rd	Greenville, SC 29607

Raleigh Branches
Branch Office	5712 Creedmoor Rd	Raleigh, NC 27612

San Diego Branches
Corporate Office	2305 Historic Decatur Rd Ste 300	San Diego, CA 92106-6073

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.