Carolina Cooperative Federal Credit Union

Social
  • +1

A short history of Carolina Cooperative FCU

Since its inception in 1962 the Carolina Cooperative Federal Credit Union has been serving its members in the CHARLOTTE, North Carolina area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Ashley Hill, the Carolina Cooperative FCU has grown its membership to over 8,625 with assets of more than $39,100,025. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (704) 543-8901 or email them at mail@carolinacoopcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CHARLOTTE, NC.

General Information For Carolina Cooperative FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 24801
Address 6502 MCMAHON DRIVE 
City CHARLOTTE 
State North Carolina 
Zip-Code 28226
Phone Number (704) 543-8901
Fax Number (704) 543-6931
Email Address: mail@carolinacoopcu.org
CEO/President Ashley Hill
Members 8,625 
Full-Time Employees 17 
Part-Time Employees
Number of Branch Offices
Total Assets 39,100,025 
Website http://www.carolinacu.com 

Compare Carolina Cooperative Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Blue Flame CU Charlotte 4301 Yancey Rd 28220 (704) 523-0075 No 6.26
Sharonview CU Wilmington 3212 Oleander Dr 28220 (910) 343-1950 No 6.95
Charlotte Fire Department CU CorporateOffice 2100 Commonwealth Ave 28205 (704) 375-3950 No 7.75
Charlotte Metro CU Huntersville 16649 Statesville Rd 28078 (704) 375-0183 No 7.90
Carolinas Telco CU Crisman Street 2821 Crisman St 28266 (704) 391-5600 No 9.65

Carolina Cooperative Federal Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Carolina Cooperative Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.00 7.00 9.00 5.50 3.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 160 550 695 324 38
Rank Among All North Carolina Credit Unions 12 49 55 29 2

Carolina Cooperative Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.25 0.15 0.20 0.76 0.76
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 95 119 114 213 191
Rank Among All North Carolina Credit Unions 6 12 18 15 11
Carolina Cooperative Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.0006051,577,073
All Other Unsecured Loans/Lines of Credit 12.0001,1812,051,432
Short-Term, Small Amount Loans (STS) (Federal CU Only) 15.0003,574236,679
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 7.000851,905,718
Used Vehicle Loans 9.0001,05210,142,593
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.500625,310,141
Total Other Real Estate Loans/Lines of Credit 3.250942,296,843
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.000111643,695
TOTAL LOANS & LEASES 6,76424,164,174

Carolina Cooperative Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 443,940,64300
    b. 15 Years or less 5536,53900
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 3145,35800
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 7429,82200
Adjustable Rate > 1 yr 3257,77900

OTHER REAL ESTATE

Closed-End Fixed Rate 10271,54100
Closed-End Adjustable Rate 13,36800
Open-End Adjustable Rate 832,021,93400
Open-End Fixed Rate 0000
TOTALS 1567,606,98400

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Carolina Cooperative Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes