Carolina Trust


1010 21st Ave N, 780004
Myrtle Beach, SC 29578
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.03% 0.66% →
1-Year CD 0.40% 0.67% →
2-Year CD 0.55% 0.75% →
5-Year CD 1.05% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Carolina Trust is an NCUA insured institution located in Myrtle Beach, SC. It was founded in 1958 and has approximately $305.34 millions in assets.

Who can join?

Membership is open to residents, businesses and entities of Horry, Georgetown, Marion, Williamsburg and lower Florence County (south of Lynches River). If you live, work, worship, volunteer or attend school in the counties referenced above, then you can join. Relatives of members are also eligible to join our Credit Union.

NCUA Insured Yes / Federally Chartered
Charter Number # # 12361
Date Established 1958
Assets $305.34 million
Loans $213.65 million
Deposits $272.95 million
Capital $27.76 million

Field of Membership Restrictions

Membership is open to those who live, work, worship, volunteer or attend school in Horry, Georgetown, Marion, Williamsburg or lower Florence County (south of Lynches River)

Deposit Rates - April 15, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.03% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.40% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
18 Mo CD
0.45% $10,000 $14,999 Learn More
18 Mo CD
0.45% $100,000 $199,999 Learn More
24 Mo CD
0.55% $10,000 $14,999 Learn More
24 Mo CD
0.55% $100,000 $199,999 Learn More
36 Mo CD
0.60% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More
48 Mo CD
0.80% $10,000 $14,999 Learn More
48 Mo CD
0.80% $100,000 $199,999 Learn More
60 Mo CD
1.05% $10,000 $14,999 Learn More
60 Mo CD
1.05% $100,000 $199,999 Learn More

Loan Rates - April 15, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for CAROLINA TRUST

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
Rocket Mortgage
NMLS ID: 3030
3.368% 3.250% 1.00 $3,750 $1,089 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Test Advertiser QA
Test Advertiser QA
See Table
0.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

To upload and update your bank's rates please register. It is free to register and add rates.



Below are Carolina Trust branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Carolina Trust Locations

Financial Details

Carolina Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Carolina Trust. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Carolina Trust U.S. Average
7.26% 5.40

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2020, Carolina Trust had $2,156,868 in non-current loans and $38,495 in owned assets. To cover these potential losses it had $27,761,544 in net worth and $2,473,815 in loans loss reserves. That gives it a Texas Ratio of 7.26%.

Net Worth
Carolina Trust U.S. Average
9.09% 12.67%

Carolina Trust FCU has a net worth of 9.09% versus the BestCashCow average of 12.67. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Carolina Trust

Branches and Savings

What is Carolina Trust?

A federal credit union, registered with the NCUA under certificate #12361.
Learn more about credit unions here.

Is Carolina Trust FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Carolina Trust is insured by the NCUA.

Who can join Carolina Trust?

Please see Field of Membership information above for information on who is eligible to join.

What are Carolina Trust's share account and share certificate rates?

Carolina Trust's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Carolina Trust?

Carolina Trust has total capital of $27.76 million. Full information on Carolina Trust's financial position is located above.

Who owns Carolina Trust?

Credit Unions are owned by their members.

Where are Carolina Trust branches located?

See branch locations nearby.

Are Carolina Trust ATMs Open 24/7?

Do Carolina Trust ATMs accept cash deposits?

Can Carolina Trust customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Carolina Trust have a mobile app?

Does Carolina Trust have mobile deposit?

Does Carolina Trust have quick pay?

How can Carolina Trust transfer money to other banks or credit unions?

Does Carolina Trust report to credit bureaus?

Does Carolina Trust use Chexsystems?

Does Carolina Trust use Equifax?

What is Carolina Trust's toll free phone number?

What is Carolina Trust's ACH Routing Number?

What is Carolina Trust's SWIFT code?

Where can I find Carolina Trust's wire transfer form?

What is the Carolina Trust address for deposits?

What Products Does Carolina Trust Offer

Does Carolina Trust offer mortgages?

Compare mortgage rates here.

Does Carolina Trust offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Carolina Trust offer auto and RV loans?

Compare auto loan rates here.

Does Carolina Trust offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Carolina Trust

  • July 17, 2018

    the bank is very close to me but has terrible interest rate never bank with them.

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