Founders Federal Credit Union

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A short history of Founders FCU

Since its inception in 1961 the Founders Federal Credit Union has been serving its members in the LANCASTER, South 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 Bruce Brumfield, the Founders FCU has grown its membership to over 212,450 with assets of more than $2,106,424,813. They have a main office and 32 branch offices. Please see the credit unions website or contact them by phone at (800) 845-1614 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 LANCASTER, SC.

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

Charter Number 24063
Address 737 PLANTATION RD 
State South Carolina 
Zip-Code 29720
Phone Number (800) 845-1614
Fax Number (803) 289-5936
Email Address:
CEO/President Bruce Brumfield
Members 212,450 
Full-Time Employees 635 
Part-Time Employees 59 
Number of Branch Offices 32 
Total Assets 2,106,424,813 

Compare Founders Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Arrowpointe CU Main Office 5298 Cureton Ferry Rd 29704 (803) 324-1124 No 12.63
Allvac Savings And CU MAIN OFFICE 2020 Ashcraft Ave 28111 (704) 291-7112 No 18.35
Sharonview CU Wilmington 3212 Oleander Dr 28111 (910) 343-1950 No 18.75
Family Trust CU Family Trust Center 225 W White St 29731 (803) 367-4100 No 20.26
Carolina Cooperative CU Monroe 2515 W Roosevelt Blvd Ste A 29731 (704) 226-0431 No 23.80

Founders Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Founders 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 10.35 3.13 5.33 4.54 4.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 282 159 364 209 168
Rank Among All South Carolina Credit Unions 14 17 25 17 10

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.15 0.55 2.25 2.35
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 119 55 26 24
Rank Among All South Carolina Credit Unions 7 8 4 2 1
Founders Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.35029,786115,362,439
All Other Unsecured Loans/Lines of Credit 13.62063,070231,384,129
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.1305,598114,191,587
Used Vehicle Loans 5.33036,707405,622,126
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.5409,106756,797,884
Total Other Real Estate Loans/Lines of Credit 4.5001,27030,955,334
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.6002,94628,740,376
TOTAL LOANS & LEASES 148,4831,683,053,875

Founders 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 70178,077,233889,362,689
    b. 15 Years or less 3,617210,269,17817413,245,348
    a. > 15 years 1,619261,168,34319832,704,164
    b. 15 Years or less 1,298142,372,089608,258,312
Other Fixed Rate 303,644,2181295,772,125
Adjustable Rate 1 yr or less 1,84161,266,8232034,369,314
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 902,897,01821889,100
Closed-End Adjustable Rate 129,99200
Open-End Adjustable Rate 1,17928,028,3243022,296,440
Open-End Fixed Rate 0000
TOTALS 10,376787,753,2181,17576,897,492


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

Founders 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 No
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes