Caro Federal Credit Union Columbia, South Carolina
Caro Federal Credit Union is a federal credit union headquartered in Columbia, SC, established in 1967 (NCUA charter 24404), and it is regulated and insured by the NCUA. At Q2 2026 it reported 10,586 members and total assets of $174.9M (up 38.8% from Q2 2025), the 21st largest of 45 credit unions headquartered in South Carolina. Its net worth ratio was 15.41% at Q2 2026, in the well capitalized band.
Also written as Caro FCU · Trade name filed with the NCUA: Caro Smart Financial Solutions
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 24404
- Headquarters
- Columbia, SC
- Established
- 1967
- Total assets, Q2 2026
- $174.9M
- Assets vs Q2 2025
- +38.8%
- Members, Q2 2026
- 10,586
- Net worth ratio, Q2 2026
- 15.41%
- Latest call report
- Q2 2026, NCUA 5300 · Caro Federal Credit Union call report
- Asset rank in state
- 21st of 45 in South Carolina
- Routing number
- 253978824
- Branches
- 6
It has 3,310 more members than on June 30, 2025 (+45.5%). Its net worth ratio was down 0.46 percentage points from 15.87% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $35.2M of $109.9M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.88% is above the 0.68% median of the 1,338 credit unions with $100M to $1B in assets for Q2 2026. Its 15.41% net worth ratio is above that band's 11.43% median.
Credit unions similar in size in South Carolina
Credit unions merged into Caro Federal Credit Union
1st Cooperative Federal Credit Union (2026) · Rural Cooperatives Credit Union, Inc. (2026) · St. Francis Federal Credit Union (2022) · V A R O No. 319 Federal Credit Union (2014)
Frequently asked about Caro Federal Credit Union
How big is Caro Federal Credit Union?
At Q2 2026 it reported total assets of $174.9M and 10,586 members.
Where is Caro Federal Credit Union headquartered?
It is headquartered in Columbia, SC, United States.
When was Caro Federal Credit Union founded?
It was established in 1967, per NCUA records.
Is Caro Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 24404): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Caro Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Caro Federal Credit Union well capitalized?
Its net worth ratio was 15.41% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Caro Federal Credit Union's delinquency ratio?
Its delinquency ratio was 0.88% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Caro Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 73.40% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Columbia, SC 29209
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1967
- NCUA Charter #
- 24404
- RSSD ID
- 576783
- Members
- 10,586
- Potential members
- 111,685
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 1,341 credit unions with $100M to $1B in assets, as of Q2 2026. It is in the top quartile on 3 of 7 ranked measures and in the bottom quartile on 3.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 13.58% | 15.41% | 11.43% | 86th top |
| Return on assets Middle half of peers: 0.43% to 1.23% | 0.38% | 0.81% | 22nd bottom |
| Return on equity Middle half of peers: 3.87% to 9.84% | 2.50% | 7.02% | 15th bottom |
| Net interest margin Middle half of peers: 3.30% to 4.10% | 4.77% | 3.70% | over 90th top |
| Efficiency ratio Middle half of peers: 68.90% to 83.49% | 93.60% | 76.55% | under 10th bottom |
| Cost of funds Middle half of peers: 0.92% to 1.56% | 0.61% | 1.24% | over 90th top |
| Delinquency ratio Middle half of peers: 0.39% to 1.12% | 0.88% | 0.68% | 39th below |
| Yield on assets Middle half of peers: 4.53% to 5.37% | 5.38% | 4.92% | 75th position only |
| Loan-to-share ratio Middle half of peers: 62.05% to 86.41% | 73.40% | 75.66% | 46th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$174.9M total assets against $126.0M; $149.7M total shares and deposits against $101.8M; $109.9M total loans against $87.8M.
$27.0M net worth against $20.0M.
15.41% net worth ratio against 15.87%.
73.40% loan-to-share ratio against 86.24%.
0.88% delinquency ratio against 0.81%.
0.38% return on assets against 0.50%; 2.50% return on equity against 3.13%.
4.77% net interest margin against 4.41%.
10,586 members against 7,276.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 15.41% | 0.38% | 0.88% | 73.40% |
| March 31, 2026 | 15.39% | 0.28% | 0.79% | 67.07% |
| December 31, 2025 | 15.79% | -0.30% | 0.97% | 78.56% |
| September 30, 2025 | 16.05% | 0.20% | 0.77% | 80.72% |
| June 30, 2025 | 15.87% | 0.50% | 0.81% | 86.24% |
| March 31, 2025 | 15.65% | 0.70% | 0.42% | 87.25% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.