Carolina Trust Credit Union is a federal credit union based in Myrtle Beach, South Carolina. It has been opened since 1958, for 64 years.
With around $239,790,000 in assets, Carolina Trust Credit Union is considered to be a very large credit union. It has 8 branches and 7 ATM locations.
|Address|| 1010 21st Avenue N, PO Box 780004 |
Myrtle Beach, South Carolina 29578
|CEO||B. Timothy Carlisle|
|President of the Board||Charles Thrash|
|Services Offered|| |
With 41,726 members, the Carolina Trust Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 90% of credit unions.
Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.
The average fee per member gives you a general sense of how much you might pay in fees as a member of the Carolina Trust Credit Union. Some credit unions tend to charge more fees, while others charge less.
Carolina Trust Credit Union has 87 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 99% of the workforce.
The number of members relative to staff members is an indication of how well staffed the credit union is. Carolina Trust Credit Union has around 477 members per staff, a higher ratio compared to other credit unions.
A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength
The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.
Carolina Trust Credit Union holds a total of $168,160,000 in loans and leases, which is about $12,125 per member on average.
A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.
A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Carolina Trust Credit Union pays 0.07%.