Featured Savings Rates
Featured Accounts

Spartan Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.35%1-year CD12 Month Share Certificate
0.10%SavingsShare Account
0.55%2-year CD24 Month Share Certificate

Overview / Commentary
864-503-9998
930 Charisma Dr
Spartanburg, SC 29303

Spartan Federal Credit Union is headquartered in Spartanburg and is the 45th largest credit union in the state of South Carolina. It is also the 3,661st largest credit union in the nation. It was established in 1979 and as of June of 2017, it had grown to 5 employees and 2,859 members at 1 location. Spartan Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Spartanburg County in South Carolina.
See current membership details

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Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Spartan Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #23416
Year Chartered1979
Employees5
Primary Regulator
Profit Margin
Return on Assets - YTD1.2%
Return on Equity - YTD9.71%
Annual Interest Income$272.00K
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$16.6MM$15.3MM
LoansQ2 2017vs Q2 2016$6.7MM$5.8MM
DepositsQ2 2017vs Q2 2016$14.5MM$13.5MM
Equity CapitalQ2 2017vs Q2 2016$2.0MM$1.8MM
Loan Loss AllowanceQ2 2017vs Q2 2016$39.00K$49.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$30.00K$54.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates
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Spartan Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--Individual Retirement Account
0.10%$100-Share Account
0.05%--Christmas Club Account
0.05%--Squirrel Club Account

Spartan Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Money Market Draft (Checking) Account

Spartan Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Share Draft (Checking) Account

Spartan Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%--24 Month Share Certificate
0.45%--18 Month Share Certificate
0.35%--12 Month Share Certificate
0.25%--6 Month Share Certificate
Locations


Spartan Federal Credit Union Locations
Branch Office930 Charisma DrSpartanburg, SC 29303