CPM

1066 E MONTAGUE AVE
North Charlesto, SC 29405

 

2018 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 21971
Date Established 1955
Assets $348.31 million
Loans $204.88 million
Deposits $303.64 million
Capital $40.56 million

Cpm is an NCUA insured institution located in North Charlesto, SC. It was founded in 1955 and has approximately $348.31 millions in assets.

Who can join?

You can be eligible in one of five ways:

1. Work for a qualified member company.
2. Live, work, worship, attend school in Orangeburg or Calhoun County
3. Live, work, worship, attend school or volunteer in an approved area in Charleston County.
4. Be a member of the SC Firefighters' Association
5. Be an immediate family member of a CPM Federal member or live in the household. Immediate family includes: spouse, parent, grandparent, siblings, and children.

Field of Membership Restrictions

Must work for one of over 400 South Carolina businesses. Also open to those who live, work, worship or attend school in Orangeburg, Calhoun or approved areas in Charleston County.

Deposit Rates - December 9, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
1.00% $2,500 $9,999 Learn MoreShow Less
Money Market
1.00% $10,000 $24,999 Learn MoreShow Less
Money Market
1.00% $25,000 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.10% $250 - Learn MoreShow Less
Special: 11 Mo FIRA
2.12% $5,000 $250,000 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.50% $250 - Learn MoreShow Less
6 Mo CD
0.80% $250 - Learn MoreShow Less
Special: 11 Mo CD
2.12% $5,000 $250,000 Learn MoreShow Less
12 Mo CD
1.00% $250 - Learn MoreShow Less
18 Mo CD
1.00% $250 - Learn MoreShow Less
24 Mo CD
1.31% $250 - Learn MoreShow Less
30 Mo CD
1.31% $250 - Learn MoreShow Less
36 Mo CD
1.51% $250 - Learn MoreShow Less
48 Mo CD
1.91% $250 - Learn MoreShow Less
60 Mo CD
2.52% $250 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.02% $200 - Learn MoreShow Less

Loan Rates - December 9, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for CPM

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More
Ally Bank
NMLS ID: 181005
4.794% 4.750% 0.13 $1,359 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More

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

Branches

Below are Cpm 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:
Ashburn,Virginia


Cpm Locations

Financial Details

Cpm Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cpm. 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
Cpm U.S. Average
1.59% 5.78

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 June 30, 2018, Cpm had $630,342 in non-current loans and $36,750 in owned assets. To cover these potential losses it had $40,562,774 in net worth and $1,268,091 in loans loss reserves. That gives it a Texas Ratio of 1.59%.

Net Worth
Cpm U.S. Average
11.64% 13.21%

Cpm FCU has a net worth of 11.64% versus the BestCashCow average of 13.21. 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 On Cpm

What is Cpm?

A federal credit union, registered with the NCUA under certificate #21971.
Learn more about credit unions here.

Is Cpm FDIC insured?

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

Who can join Cpm?

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

What are Cpm's share account and share certificate rates?

Cpm'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 Cpm?

Cpm has total capital of $40.56 million. Full information on Cpm's financial position is located above.

Who owns Cpm?

Credit Unions are owned by their members.

Where are Cpm branches located?

See branch locations nearby.

Are Cpm ATMs Open 24/7?

Do Cpm ATMs accept cash deposits?

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

Does Cpm have a mobile app?

Does Cpm have mobile deposit?

Does Cpm have quick pay?

How can Cpm transfer money to other banks or credit unions?

Does Cpm report to credit bureaus?

Does Cpm use Chexsystems?

Does Cpm use Equifax?

What is Cpm's toll free phone number?

What is Cpm's ACH Routing Number?

What is Cpm's SWIFT code?

Where can I find Cpm's wire transfer form?

What is the Cpm address for deposits?

What Products Does Cpm Offer

Does Cpm offer mortgages?

Compare mortgage rates here.

Does Cpm offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Cpm offer auto and RV loans?

Compare auto loan rates here.

Does Cpm offer student loans or personal loans?

Compare personal loan rates here.

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