Palmetto Citizens


P.o. Box 5846
Columbia, SC 29250
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.85% →
1-Year CD 1.03% 0.70% →
2-Year CD 1.11% 0.75% →
5-Year CD 1.19% 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

Palmetto Citizens is an NCUA insured institution located in Columbia, SC. It was founded in 1936 and has approximately $1217.79 millions in assets.

Who can join?

Palmetto Citizens membership is open to any individual who lives, works, worships or attends school in Richland, Lexington, Fairfield or Newberry counties of South Carolina.

If you have immediate family within this four-county area, you may be eligible to join as well.

Membership may also be available to businesses and legal entities operating in this area.

NCUA Insured Yes / Federally Chartered
Charter Number # # 1472
Date Established 1936
Assets $1,217.79 million
Loans $595.34 million
Deposits $966.73 million
Capital $124.14 million

Field of Membership Restrictions

Membership in Palmetto Citizens Federal Credit Union is open to those who live, work, worship or attend school in Richland, Lexington, Kershaw, Fairfield, Calhoun or Saluda counties in South Carolina and immediate family of those eligible.

Deposit Rates - August 3, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.20% $2,500 $4,999 Learn More
Money Market
0.41% $2,500 $2,999 Learn More
Money Market
0.47% $10,000 $14,999 Learn More
Money Market
0.69% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.65% $100,000 $199,999 Learn More
12 Mo CD
0.88% $10,000 $14,999 Learn More
12 Mo CD
1.03% $100,000 $199,999 Learn More
18 Mo CD
0.94% $10,000 $14,999 Learn More
18 Mo CD
1.09% $100,000 $199,999 Learn More
24 Mo CD
0.96% $10,000 $14,999 Learn More
24 Mo CD
1.11% $100,000 $199,999 Learn More
30 Mo CD
0.98% $10,000 $14,999 Learn More
30 Mo CD
1.13% $100,000 $199,999 Learn More
36 Mo CD
0.99% $10,000 $14,999 Learn More
36 Mo CD
1.14% $100,000 $199,999 Learn More
48 Mo CD
1.01% $10,000 $14,999 Learn More
48 Mo CD
1.17% $100,000 $199,999 Learn More
60 Mo CD
1.03% $10,000 $14,999 Learn More
60 Mo CD
1.19% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.09% $1 $99 Learn MoreShow Less
Int Ckg
0.09% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 3, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for PALMETTO CITIZENS

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 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.565% 2.500% 0.88 $2,142 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR
1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$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 Palmetto Citizens 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:

Palmetto Citizens Locations

Financial Details

Palmetto Citizens Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Palmetto Citizens. 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
Palmetto Citizens U.S. Average
2.09% 4.38

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 March 31, 2021, Palmetto Citizens had $1,793,407 in non-current loans and $875,458 in owned assets. To cover these potential losses it had $124,141,227 in net worth and $3,444,298 in loans loss reserves. That gives it a Texas Ratio of 2.09%.

Net Worth
Palmetto Citizens U.S. Average
10.19% 12.20%

Palmetto Citizens FCU has a net worth of 10.19% versus the BestCashCow average of 12.20. 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 Palmetto Citizens

Branches and Savings

What is Palmetto Citizens?

A federal credit union, registered with the NCUA under certificate #1472.
Learn more about credit unions here.

Is Palmetto Citizens 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. Palmetto Citizens is insured by the NCUA.

Who can join Palmetto Citizens?

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

What are Palmetto Citizens's share account and share certificate rates?

Palmetto Citizens'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 Palmetto Citizens?

Palmetto Citizens has total capital of $124.14 million. Full information on Palmetto Citizens's financial position is located above.

Who owns Palmetto Citizens?

Credit Unions are owned by their members.

Where are Palmetto Citizens branches located?

See branch locations nearby.

Are Palmetto Citizens ATMs Open 24/7?

Do Palmetto Citizens ATMs accept cash deposits?

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

Does Palmetto Citizens have a mobile app?

Does Palmetto Citizens have mobile deposit?

Does Palmetto Citizens have quick pay?

How can Palmetto Citizens transfer money to other banks or credit unions?

Does Palmetto Citizens report to credit bureaus?

Does Palmetto Citizens use Chexsystems?

Does Palmetto Citizens use Equifax?

What is Palmetto Citizens's toll free phone number?

What is Palmetto Citizens's ACH Routing Number?

What is Palmetto Citizens's SWIFT code?

Where can I find Palmetto Citizens's wire transfer form?

What is the Palmetto Citizens address for deposits?

What Products Does Palmetto Citizens Offer

Does Palmetto Citizens offer mortgages?

Compare mortgage rates here.

Does Palmetto Citizens offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Palmetto Citizens offer auto and RV loans?

Compare auto loan rates here.

Does Palmetto Citizens offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Palmetto Citizens

There are currently no comments for Palmetto Citizens. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →