Carolina Federal Credit Union

  • +1

A short history of Carolina FCU

Since its inception in 1969 the Carolina Federal Credit Union has been serving its members in the CHERRYVILLE, 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 Donna Beringer, the Carolina FCU has grown its membership to over 5,754 with assets of more than $51,208,412. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (704) 435-0186 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CHERRYVILLE, NC.

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

Charter Number 19788
Address 1200 E CHURCH STREET 
State North Carolina 
Zip-Code 28021
Phone Number (704) 435-0186
Fax Number (704) 435-8061
Email Address:
CEO/President Donna Beringer
Members 5,754 
Full-Time Employees 13 
Part-Time Employees
Number of Branch Offices
Total Assets 51,208,412 

Compare Carolina Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Lithium CU LITHIUM FEDERAL CU 1111 Bessemer City Kings Mtn Hwy 28016 (704) 868-0890 No 9.52
Hsm CU HICKORY SPRINGS FEDERAL CREDIT UNION 235 2ND AVE NW 28603 (828) 328-2201 No 23.35
Century Employees' Savings Fund CU Main office 401 11th St NW 28603 (828) 326-8512 No 23.58
Shuford CU Hickory Office 882 16th St NE 28601 (828) 568-1234 No 23.99
Cs CU Claremont CU 3642 E US Highway 70 28610 (828) 459-5768 No 26.84

Carolina Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Carolina 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 9.90 2.99 3.49 N/A 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 145 146 N/A 132
Rank Among All North Carolina Credit Unions 15 15 14 N/A 7

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.20 0.50 0.90 0.95
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 108 60 190 166
Rank Among All North Carolina Credit Unions 10 9 9 11 10
Carolina Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9006861,375,510
All Other Unsecured Loans/Lines of Credit 9.9007092,034,736
Short-Term, Small Amount Loans (STS) (Federal CU Only) 16.0009333,680
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.9901893,940,664
Used Vehicle Loans 3.4901,74117,502,806
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 4.2501656,301,833
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.7502262,616,575
TOTAL LOANS & LEASES 3,80933,805,804

Carolina Federal Credit Union Real Estate Loans and Lines of Credit


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 0000
    b. 15 Years or less 0000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1656,301,83315626,109
Open-End Fixed Rate 0000
TOTALS 1656,301,83315626,109


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

Carolina Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
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 No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes