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 410th largest credit union in the nation. It was established in 1955 and as of March of 2025, it had grown to 273 employees and 66,477 members at 18 locations. REV Federal Credit Union has an A health rating.
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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Overall | |
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NCUA # | 9986 |
Year Chartered | 1955 |
Employees | 273 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.63% |
Return on Equity - YTD | 7.09% |
Annual Interest Income | $14MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $1.14B$1.14B |
Loans | Q1 2025vs Q1 2024 | $881.9MM$880.3MM |
Deposits | Q1 2025vs Q1 2024 | $925.9MM$927.6MM |
Equity Capital | Q1 2025vs Q1 2024 | $100.3MM$94.1MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $10.8MM$12.5MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $4.2MM$5.5MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $89K$218K |
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