Palmetto Citizens Federal Credit Union


Overview / Commentary
803-732-5000
1320 Washington St
Columbia, SC 29201

Palmetto Citizens Federal Credit Union is headquartered in Columbia and is the 8th largest credit union in the state of South Carolina. It is also the 361st largest credit union in the nation. It was established in 1936 and as of March of 2024, it had grown to 294 employees and 83,398 members at 15 locations. Palmetto Citizens Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Palmetto Citizens Federal Credit Union is open to those who live, work, worship, or attend school in Calhoun, Fairfield, Kershaw, Lexington, Newberry, Orangeburg, Richland, or Saluda Counties in South Carolina. Immediate family of membership-eligible individuals also qualify. Businesses and non-profits, legal entities and churches operating in the area are also eligible for membership.
See current membership details

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Health
B+

Health Grade Components

Overall
NCUA #1472
Year Chartered1936
Employees294
Primary Regulator
Profit Margin
Return on Assets - YTD1%
Return on Equity - YTD8.87%
Annual Interest Income$13.4MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$1.3B$1.32B
LoansQ1 2024vs Q1 2023$758.9MM$725.8MM
DepositsQ1 2024vs Q1 2023$1.05B$1.08B
Equity CapitalQ1 2024vs Q1 2023$145.7MM$125.7MM
Loan Loss AllowanceQ1 2024vs Q1 2023$9.5MM$3MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$3.9MM$3.5MM
Real Estate OwnedQ1 2024vs Q1 2023$225K$471K
Rates

Rates for Palmetto Citizens Federal Credit Union are currently being reviewed.

Locations

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