CARO Credit Union Profile

Showing details for CARO Credit Union.

Home > SC > CARO

CARO

Charter #24404 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (803) 227-5555

Fax: (803) 227-5566

Founding Date: N/A

Website: http://www.SmartCaro.org

Personnel & Operations

President: Black, David

Manager: Shivers, Anne

FT Employees: 24

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 34

Branches: 3

Hours: 8 AM-6 PM

Credit Union Profile Summary

CARO is a FCU Credit Union. With a total of 7,276 members [1], this institution manages approximately $126,002,740 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 15.87% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -0.17% [1].

Financial Snapshot

Total Assets [1]
$126,002,740

Total economic resources.

Total Loans [1]
$87,817,877

Total value of outstanding loans.

Total Deposits [1]
$101,824,474

Total funds deposited by members.

Members [1]
7,276

Number of active members.

Performance Ratios

Net Worth Ratio [1]
15.87%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.59%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
86.24%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -3.39%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -0.17%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -3.50%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

4480 ROSEWOOD DR

COLUMBIA, SC, 29209-2629
Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 4 branches reported by CARO (Charter #24404).

Main Office

Branch-10 Main Office

Type: Corporate Office

4480 Rosewood Dr

Columbia, SC 29209-2629

Phone: (803) 227-5555

Services: None specified

Open in Directions

Additional Branches

Columbia

Branch 03

Type: Branch Office

4480 Rosewood Dr

Columbia, SC 29209

Phone: (803) 227-5555

Services: Member Services, ATM, Drive-Thru

Open in Directions

Branch-00

Type: Branch Office

710 Pulaski St

Columbia, SC 29201-3633

Phone: (803) 227-5555

Services: Member Services, ATM, Drive-Thru

Open in Directions

Greenville

St. Francis Branch

Type: Branch Office

121 Sumner St

Greenville, SC 29601-3228

Phone: (864) 255-1660

Services: Member Services, Drive-Thru

Open in Directions