Palmetto First Federal Credit Union

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A short history of Palmetto First FCU

Since its inception in 1953 the Palmetto First Federal Credit Union has been serving its members in the FLORENCE, 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 Angela Burr, the Palmetto First FCU has grown its membership to over 5,915 with assets of more than $41,063,193. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (843) 669-5619 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in FLORENCE, SC.

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

Charter Number 24491
Address PO BOX 3989 
City FLORENCE 
State South Carolina 
Zip-Code 29502
Phone Number (843) 669-5619
Fax Number (843) 669-6931
Email Address: none
CEO/President Angela Burr
Members 5,915 
Full-Time Employees 13 
Part-Time Employees
Number of Branch Offices
Total Assets 41,063,193 
Website http://www.palmettofirst.com 

Compare Palmetto First Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Trinity Baptist Church CU Trinity Baptist Church Federal Credit Union 124 W Darlington St 29501 (843) 662-7015 No 0.44
Pee Dee CU Main@305 W Pine St 305 W Pine St 29503 (843) 669-0461 No 0.53
Health Facilities CU Main 501 S Irby St 29501 (843) 669-4041 No 0.59
Nucor Employee's CU Nucor Employee's Credit Union Main Office 1202 N Cashua Dr 29502 (843) 665-4668 No 2.42
S C I CU Main Office 7311 Mill Road 29502 (843) 669-3712 No 3.59

Palmetto First Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Palmetto First 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 N/A 3.99 5.75 5.00 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 279 416 268 229
Rank Among All South Carolina Credit Unions N/A 25 28 21 18

Palmetto First Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.15 0.15 0.20 0.45 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 108 119 114 274 227
Rank Among All South Carolina Credit Unions 4 8 13 20 13
Palmetto First Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 13.0001,7585,661,789
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.9901602,355,220
Used Vehicle Loans 5.7508497,821,456
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.0001133,062,509
Total Other Real Estate Loans/Lines of Credit 5.000872,097,258
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 9.5001941,313,991
TOTAL LOANS & LEASES 3,16122,312,223

Palmetto First 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 0000
    b. 15 Years or less 25559,02800
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 4111,27900
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 842,392,2022107,804
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 872,097,258262,133
Open-End Fixed Rate 0000
TOTALS 2005,159,7674169,937

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

Palmetto First Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
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