REV Federal Credit Union is headquartered in Summerville and is the 9th largest credit union in the state of South Carolina. It is also the 411th largest credit union in the nation. It was established in 1955 and as of December of 2024, it had grown to 282 employees and 66,029 members at 18 locations. REV Federal Credit Union has an A health rating.
Field of Membership Restrictions
REV Federal Credit Union is open to anyone through a membership in the American Consumer Council or the Friend of the Foundation. Those who live, work, worship, volunteer, or attend school in the North Carolina counties of Brunswick or Columbus, or the South Carolina counties of Berkeley, Colleton, or Dorchester also qualify for membership. Active/retired members or honorably discharged veterans of the U.S. Armed Forces of Joint Base Charleston are eligible to join, as are their dependents or dependent survivors. Immediate family and house members of current REV members also qualify. (Membership eligibility listed on the online application.)
See current membership details
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Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9986 |
| Year Chartered | 1955 |
| Employees | 282 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.52% |
| Return on Equity - YTD | 5.78% |
| Annual Interest Income | $55.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $1.11B$1.1B |
| Loans | Q4 2024vs Q4 2023 | $877.6MM$873.3MM |
| Deposits | Q4 2024vs Q4 2023 | $897.3MM$890.8MM |
| Equity Capital | Q4 2024vs Q4 2023 | $98.4MM$92.6MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $11.4MM$13.3MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $6.2MM$6.2MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $306K$218K |
