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Credit Unions · South Carolina
Palmetto First
Florence, SC · NCUA Charter #24491 · Federal charter · Chartered 1953
Total assets
$64.11M
Shares & deposits
$50.49M
Total loans
$42.79M
Members
6,576
Net worth
$13.47M
Branches
3
Rank: #2,198 of 4,299 U.S. credit unions by assets · #28 of 45 in South Carolina. Assets changed 3.2% and membership 2.9% over the year to June 30, 2026.
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Key ratios
| Net worth ratio (capital) | 21.01% |
| Return on assets (annualized, approx.) | 0.00% |
| Delinquent loans, 2+ months (share of loans) | 1.48% |
| Loans to shares & deposits | 84.7% |
| Net income (YTD) | $0 |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $59.25M | $49.95M | $0 | $9.13M |
| Jun 2023 | $59.54M | $49.18M | $0 | $10.38M |
| Jun 2024 | $58.12M | $46.76M | $0 | $11.32M |
| Jun 2025 | $62.15M | $49.66M | $0 | $12.37M |
| Jun 2026 | $64.11M | $50.49M | $0 | $13.47M |
Branch footprint
| State | Branches |
|---|---|
| South Carolina | 3 |
Similar-sized credit unions
Toledo Metro ($64.15M) · Neighbors United ($64.00M)
Source: NCUA Call Report (Form 5300) as of June 30, 2026. Credit unions are member-owned cooperatives; deposits are insured by the NCUSIF. See methodology.
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