Caro Credit Union Columbia SC | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Caro, your trusted credit union located at 710 Pulaski St, Columbia, SC 29201. Since our establishment in 1967, we have been committed to serving our community with financial services tailored to meet your needs. With a total membership of 7,483, we take pride in being a cornerstone of financial support for families and businesses alike. At Caro, we understand that managing your finances is not just about numbers; it's about relationships and trust. That's why we offer a wide range of services, including personal banking, auto loans, mortgages, and business banking solutions. With total assets exceeding $133 million and deposits amounting to $11,311,712, you can be confident that your money is secure with us. While members can visit us at our branch location, official correspondence should be sent to 4480 Rosewood Drive, Columbia, SC 29209. We invite you to explore our offerings further by visiting our website at SmartCaro.org. Our dedicated team of 26 employees is led by CEO Anne Shivers and Board President David Black, who are passionate about providing excellent service and fostering a strong community connection. We believe that everyone deserves access to quality financial products without the complexity often associated with larger institutions. Whether you're looking for a new vehicle loan or seeking ways to manage your savings better, Caro is here for you. Feel free to reach out to us at (803) 227-5555 or visit us during our lobby hours: Monday through Tuesday and Thursday through Friday from 8:00 AM to 5:00 PM, and Wednesday from 10:00 AM to 5:00 PM. Join us today and experience the Caro difference where community matters most!

Branch History & Mission

Caro has a rich legacy in the heart of Columbia, South Carolina. Established in 1967, our branch has been dedicated to serving the community for over five decades. Located at 710 Pulaski St, we are proud to be a cornerstone of financial support and guidance for our members. As we continue to grow, our mission remains clear: to empower individuals and families by providing accessible financial services while fostering a strong sense of community. Since our inception, Caro has evolved significantly, adapting to the changing needs of our members. With a total membership of 7,483 and total assets amounting to $133395393, we have created a robust environment where everyone can thrive financially. Our commitment extends beyond just banking; we actively engage in community outreach and partnerships aimed at uplifting those around us. At Caro, our mission is simple yet profound: to deliver exceptional financial services while supporting our community's growth and well-being. We believe that when our members succeed, so does the entire community. This philosophy drives us to offer a wide range of services including personal banking, auto loans, mortgage financing, business loans, and online banking options tailored to fit modern lifestyles. While members can visit us at 710 Pulaski St for their banking needs, official correspondence should be sent to 4480 Rosewood Drive, Columbia, SC 29209 if necessary. Our operating hours are designed with convenience in mind: Monday, Tuesday, Thursday, and Friday from 8:00 am to 5:00 pm; Wednesday from 10:00 am to 5:00 pm. We also provide ATM access and drive-thru banking for those who prefer quick transactions without leaving their cars. As we look ahead, Caro is committed to embracing digital advancements while ensuring accessibility for all. Our ongoing efforts towards ADA compliance reflect our dedication to serve every member of the community effectively. Join us at Caro and experience firsthand how we can assist you on your financial journey. Whether you're looking for loans or simply want guidance on managing your finances better, we're here for you every step of the way. Explore the benefits of membership today! Visit us online at smartcaro.org or give us a call at (803) 227-5555. Together, let's build a brighter financial future!

Branch Location & Accessibility

Accessibility and Features

At Caro, we prioritize making banking as accessible as possible. Our location features ADA-compliant ramps and ample parking for your convenience. Whether you prefer to walk in or drive through, we have got you covered! Our drive-thru service allows for quick transactions without leaving your vehicle.

Call to Action

We invite you to visit us at Caro or give us a call at 803-227-5555 for any questions about our services or how we can assist you further. We look forward to welcoming you into our community!

Operating Hours

We know that flexibility is key when it comes to managing your finances. That's why our lobby hours are designed to fit your busy schedule: we're open Monday, Tuesday, Thursday, and Friday from 8:00 AM to 5:00 PM, with extended hours on Wednesdays starting at 10:00 AM until 5:00 PM.

Services Offered

Our branch provides a variety of services tailored to meet your financial needs. From personal banking solutions like checking and savings accounts to auto loans and mortgage refinancing, we're here to assist you every step of the way. Plus, with ATM availability on-site and basic drive-thru banking options for deposits and withdrawals, managing your money has never been easier.

Member Eligibility

At Caro, we believe that everyone deserves a chance to thrive, and becoming a member is your first step into our welcoming community. If you live, work, worship, or attend school in the Columbia area, you're already eligible to join us! We want to ensure that everyone feels at home here, so our membership is open to a wide range of individuals. Not only do you gain access to fantastic financial services tailored just for you, but you also become part of a supportive network dedicated to helping each other succeed. Ready to open an account? The process is simple and straightforward. Just visit us at 710 Pulaski St Columbia Sc 29201, or give us a call at (803) 227-5555 if you have any questions. For detailed eligibility information, check out this resource: . When you're ready to take the next step, find more information about account opening at https://smartcaro.org/loans/ . Join us today and experience the benefits of being part of Caro!

Business Banking & Commercial Services

Merchant Services Made Easy

In addition to loans, we offer comprehensive merchant services designed to simplify transactions and improve cash flow. Imagine being able to accept payments seamlessly from your customers whether in-store or online allowing you more time to focus on what matters most: growing your business. Visit us at 710 Pulaski St Columbia Sc 29201, Columbia, SC, or call us at (803) 227-5555 to learn how we can partner with you for success!

Tailored Financing Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $47 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $22 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $18,362,603, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Services

For our business members, we provide a suite of services aimed at helping your company thrive. From merchant services that simplify payment processing to business loans designed for growth and expansion, we've got what you need to succeed.

Call Us Today!

Whether you're opening a new account or seeking advice on financial planning, we invite you to reach out. Contact us at (803) 227-5555 or visit us at 710 Pulaski St Columbia Sc 29201 in Columbia, SC. At Caro, we're here to help you achieve your financial goals with personalized service and comprehensive solutions tailored just for you!

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking features that allow you to manage your accounts anytime, anywhere. With capabilities like mobile payments, person-to-person transfers, and access to e-statements, banking has never been easier. You can also withdraw cash from our ATMs or use our drive-thru service for quick transactions without leaving your car.

Personal Banking Solutions

Our personal banking services are designed with you in mind. We offer checking and savings accounts that make it easy to manage your day-to-day finances while helping you save for what matters most. If you're considering purchasing a new car or refinancing an existing loan, our auto loans and vehicle financing options provide flexible terms to fit your budget. Need assistance with home financing? Our mortgage loans and refinancing solutions can guide you through the process, making homeownership more accessible. Additionally, if you're facing unexpected expenses or want to consolidate debt, our personal loans and debt consolidation options can provide the relief you need. Don't forget about our credit cards with rewards, which allow you to earn points on everyday purchases perfect for those who love to travel or shop!

Digital & Online Banking

Key Services

With our online banking platform, available at https://smartcaro.org/ , you can check balances, pay bills, and transfer money with just a few clicks. If you're always on the go, our mobile application makes it even easier to handle your banking right from your smartphone. You can also enjoy the convenience of mobile payments, allowing you to make purchases quickly and securely without needing cash or cards.

Security and Accessibility

We prioritize your security with features like electronic signature authorization. This means you can sign documents digitally without worrying about compromising your information. Plus, our e-statements provide a paperless way to keep track of your finances while being environmentally friendly. Need to send money to friends or family? Our person-to-person transfer feature allows you to do just that in seconds. And remember, with 24/7 online banking services, you're never out of touch with your accounts. Whether it's late at night or early in the morning, your banking is always at your fingertips. At Caro, we strive for ease-of-use and real-time account management because we believe managing your money should be simple and straightforward. Embrace the future of banking with us today!

Financial Strength

Commitment to Growth

With $16,254,042 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our capacity to lend is also reflected in the $1,173 in used auto loans and $90,828,374 in total loans and leases, supporting our members' financial goals across various sectors.

Growing Member Trust

Total Share and Deposit Accounts: 15,261, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $0. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Caro is your trusted partner. Visit us at 710 Pulaski St Columbia Sc 29201 or call (803) 227-5555 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 26 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Options

Members' savings are secured through $4,318,447 in share certificates and $1,018,178 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $4,114,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Capital Foundation

With a net worth of $19,466,757, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,457 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $18,211,046 in used vehicle loans and $5,259,399 in new vehicle loans already helping members get on the road. Whether you're purchasing a brand-new model or a reliable used car, we have options that fit your budget.

Business Loans

For business owners seeking growth opportunities, our outstanding commercial loans totaling $18,362,603 provide the capital needed to expand operations or invest in new projects. We work closely with local businesses to understand their unique needs and offer customized financing solutions.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $12,001,387, make buying or refinancing simple. We provide tailored solutions that can help you navigate the home buying process smoothly.

Refinancing Options

If you're considering refinancing existing loans for better rates or terms, we can guide you through the process. It's an excellent way to potentially lower monthly payments or access cash for other needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. If you're interested in learning more about our loan offerings or eligibility requirements, feel free to contact us at 803-227-5555 or visit us online at SmartCaro.org. At Caro, we're here to support you every step of the way!

Unsecured Credit Card Loans

For those looking for flexibility in managing finances, we also offer unsecured credit card loans with a total of $299,378 helping members cover unexpected expenses or consolidate debt effectively. Our credit cards come with various features designed to fit your lifestyle.

Loan Aggregator

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How LendMesh Ensures Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This ensures fair and transparent offers for all users. The integrity of the comparison tool lies in its commitment to accuracy and reliability.

CARO FEDERAL CREDIT UNION