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South Carolina Federal Credit Union North Charleston, South Carolina

South Carolina Federal Credit Union is a federal credit union headquartered in North Charleston, SC, established in 1936 (NCUA charter 1022), and it is regulated and insured by the NCUA. At Q2 2026 it reported 157,780 members and total assets of $2.59B (up 2.9% from Q2 2025), the 2nd largest of 45 credit unions headquartered in South Carolina. Its net worth ratio was 13.34% at Q2 2026, in the well capitalized band.

Also written as South Carolina FCU

BankRegReports is independent of South Carolina Federal Credit Union and never asks for online banking logins or passwords.

North Charleston, SC Credit Union Est. 1936 NCUA #1022 NCUA

Data as of · sourced from NCUA 5300 call reports. How we update

Latest · June 30, 2026
Charter
Federal credit union
Regulator
NCUA
Deposit insurance
NCUA (NCUSIF)
NCUA charter number
1022
Headquarters
North Charleston, SC
Established
1936
Total assets, Q2 2026
$2.59B
Assets vs Q2 2025
+2.9%
Members, Q2 2026
157,780
Net worth ratio, Q2 2026
13.34%
Latest call report
Q2 2026, NCUA 5300 · South Carolina Federal Credit Union call report
Asset rank in state
2nd of 45 in South Carolina
Routing number
253278401
Branches
33

It has 2,626 more members than on June 30, 2025 (+1.7%). Its net worth ratio was up 0.50 percentage points from 12.84% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $1.26B of $1.96B in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.60% is below the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 13.34% net worth ratio is above that band's 10.89% median.

Frequently asked about South Carolina Federal Credit Union

How big is South Carolina Federal Credit Union?

At Q2 2026 it reported total assets of $2.59B and 157,780 members.

Where is South Carolina Federal Credit Union headquartered?

It is headquartered in North Charleston, SC, United States.

When was South Carolina Federal Credit Union founded?

It was established in 1936, per NCUA records.

Is South Carolina Federal Credit Union FDIC insured?

No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 1022): 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 South Carolina Federal Credit Union?

It is a federal credit union, chartered and supervised by the NCUA.

Is South Carolina Federal Credit Union well capitalized?

Its net worth ratio was 13.34% 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 South Carolina Federal Credit Union's delinquency ratio?

Its delinquency ratio was 0.60% at Q2 2026: loans 60 or more days past due as a share of total loans.

What is South Carolina Federal Credit Union's loan-to-share ratio?

Its loan-to-share ratio was 93.18% at Q2 2026: total loans as a share of member shares and deposits.

Credit Union Profile

Headquarters
North Charleston, SC 29406
Charter Type
Federal credit union
Primary Regulator
NCUA
Insurance
NCUSIF
Established
1936
NCUA Charter #
1022
RSSD ID
625476
Members
157,780
Potential members
2,148,858

Size & Membership

Total assets $2.59B
Total shares & deposits $2.10B
Total loans $1.96B
  1- to 4-family residential and other consumer real estate loans$1.26B
  Used vehicle loans$346.9M
  Other secured non-real estate loans and lines of credit$127.3M
  Commercial loans$79.7M
  New vehicle loans$78.1M
  Unsecured credit card loans$48.0M
  Other unsecured loans and lines of credit$18.5M
Members 157,780

Profitability

Q2 annualized
Return on assets (ROA) 0.97%YTD 0.99%
Return on equity (ROE) 7.28%YTD 7.45%
Net interest margin 4.25%YTD 4.25%
Efficiency ratio 80.55%
Cost of funds 0.55%

Capital & Asset Quality

Net worth $345.1M
Net worth ratio 13.34%
Net worth category Well capitalized
Delinquency ratio 0.60%
Loan-to-share ratio 93.18%
Yield on assets 4.80%

Peer comparison: credit unions of similar size

It ranks against 454 credit unions with $1B to $10B in assets, as of Q2 2026. It is in the top quartile on 3 of 7 ranked measures and in the bottom quartile on 1.

Metric This credit union Peer median Rank among peers
Net worth ratio Middle half of peers: 9.81% to 12.63% 13.34% 10.89% 81st top
Return on assets Middle half of peers: 0.59% to 1.25% 0.97% 0.89% 56th above
Return on equity Middle half of peers: 5.37% to 10.92% 7.28% 8.07% 43rd below
Net interest margin Middle half of peers: 3.05% to 3.80% 4.25% 3.45% over 90th top
Efficiency ratio Middle half of peers: 63.16% to 77.23% 80.55% 70.59% 16th bottom
Cost of funds Middle half of peers: 1.37% to 1.99% 0.55% 1.68% over 90th top
Delinquency ratio Middle half of peers: 0.45% to 1.05% 0.60% 0.68% 59th above
Yield on assets Middle half of peers: 4.70% to 5.46% 4.80% 5.12% 30th position only
Loan-to-share ratio Middle half of peers: 78.23% to 95.19% 93.18% 88.03% 68th position only

Quarterly trends

Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built

Assets, loans and shares

$2.59B total assets against $2.51B; $2.10B total shares and deposits against $2.00B; $1.96B total loans against $1.94B.

Net worth

$345.1M net worth against $323.0M.

Net worth ratio

13.34% net worth ratio against 12.84%.

Loan-to-share ratio

93.18% loan-to-share ratio against 96.77%.

Delinquency ratio

0.60% delinquency ratio against 0.74%.

Return on assets and return on equity

0.97% return on assets against 0.74%; 7.28% return on equity against 5.76%.

Net interest margin

4.25% net interest margin against 4.25%.

Members

157,780 members against 155,154.

Quarterly trend: last 6 quarters

Quarter Net worth ratio ROA Delinquency Loan-to-share
June 30, 2026 13.34% 0.97% 0.60% 93.18%
March 31, 2026 13.18% 0.99% 0.47% 92.86%
December 31, 2025 13.23% 0.76% 0.91% 95.63%
September 30, 2025 13.05% 1.06% 0.92% 95.68%
June 30, 2025 12.84% 0.74% 0.74% 96.77%
March 31, 2025 12.60% 0.58% 0.54% 96.11%

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.