Palmetto Citizens Federal Credit Union is headquartered in Columbia and is the 6th largest credit union in the state of South Carolina. It is also the 346th largest credit union in the nation. It was established in 1936 and as of March of 2025, it had grown to 281 employees and 84,765 members at 15 locations. Palmetto Citizens Federal Credit Union's CD rates are 5X the national average, and it boasts an A+ health rating.
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
Overall | |
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NCUA # | 1472 |
Year Chartered | 1936 |
Employees | 281 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.82% |
Return on Equity - YTD | 6.63% |
Annual Interest Income | $16.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $1.39B$1.3B |
Loans | Q1 2025vs Q1 2024 | $767.9MM$758.9MM |
Deposits | Q1 2025vs Q1 2024 | $1.11B$1.05B |
Equity Capital | Q1 2025vs Q1 2024 | $170.5MM$145.7MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $10.6MM$9.5MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $5.8MM$3.9MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$225K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.