Caro Federal Credit Union
Columbia, SC·Charter 24404·cu:24404·Credit union RBC / net worth
- #21 of 45Total assets in South Carolina
- 10.6Kmembers
- Top 1%Share growth in the U.S.
- Top 1%Member growth in the U.S.
- Top 2%Loan growth in the U.S.
Performance over time
7 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
Credit union · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at Caro Federal Credit Union
7 of 24 FORFI signals stand out against 770 similar credit unions, based on NCUA data for the quarter.
Borrowed funding falling while the peer median holds steadyNotable: Funding 2nd quarter0.0%peers 0.0%0.0 pp
Caro Federal Credit Union's borrowings as a share of assets fell 4.0 percentage points over the past year to 0.0%. Among 770 similar credit unions, the median was essentially unchanged.
| This institution | Peer median | Difference |
|---|---|---|
| Borrowings as a share of assets | ||
| 0.0% | 0.0% | 0.0 pp |
| 12-month change | ||
| -4.0 pp | 0.0 pp | -4.0 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 770 credit unions with $100 million to $300 million in assets that filed NCUA data for the same quarter. Caro Federal Credit Union itself is left out of every peer median and percentile. How signals work
Membership growing while the peer median shrinksStrength: Membership+45.5%peers -0.2%+45.7 pp
Caro Federal Credit Union's membership grew 45.5% over the past year. The median among 770 similar credit unions was -0.2%.
| This institution | Peer median | Difference |
|---|---|---|
| Membership, 12-month growth | ||
| +45.5% | -0.2% | +45.7 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 770 credit unions with $100 million to $300 million in assets that filed NCUA data for the same quarter. Caro Federal Credit Union itself is left out of every peer median and percentile. How signals work
Auto lending growing while the peer median shrinksStrength: Lending+69.8%peers -1.9%+71.7 pp
Caro Federal Credit Union's auto loans grew 69.8% over the past year to $34.5 million. The median among 770 similar credit unions was -1.9%.
| This institution | Peer median | Difference |
|---|---|---|
| Auto loans, 12-month growth | ||
| +69.8% | -1.9% | +71.7 pp |
| Auto loans | ||
| $34.5 million | ||
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 770 credit unions with $100 million to $300 million in assets that filed NCUA data for the same quarter. Caro Federal Credit Union itself is left out of every peer median and percentile. How signals work
Total assets growing faster than peersStrength: Growth+38.8%peers +4.0%+34.8 pp
Caro Federal Credit Union's total assets grew 38.8% over the past year to $175 million. The median among 770 similar credit unions was +4.0%.
| This institution | Peer median | Difference |
|---|---|---|
| Total assets, 12-month growth | ||
| +38.8% | +4.0% | +34.8 pp |
| Total assets | ||
| $175 million | ||
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 770 credit unions with $100 million to $300 million in assets that filed NCUA data for the same quarter. Caro Federal Credit Union itself is left out of every peer median and percentile. How signals work
Net interest margin widening faster than peersStrength: Earnings5.06%peers 3.78%+128 bps
Caro Federal Credit Union's net interest margin on average assets rose 65 bps over the past year to 5.06%. Among 770 similar credit unions, the median rose 10 bps.
| This institution | Peer median | Difference |
|---|---|---|
| Net interest margin on average assets | ||
| 5.06% | 3.78% | +128 bps |
| 12-month change | ||
| +65 bps | +10 bps | +55 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 770 credit unions with $100 million to $300 million in assets that filed NCUA data for the same quarter. Caro Federal Credit Union itself is left out of every peer median and percentile. How signals work
2 more observations
- Shares and deposits growing faster than peersFunding
- Loans growing faster than peersLending
Key facts
- Caro Federal Credit Union is a federally chartered credit union headquartered in Columbia, South Carolina. It reported $175 million in total assets for the quarter ended June 30, 2026.
- Shares and deposits totaled $150 million, up 47.0% from a year earlier, and loans totaled $110 million, up 25.1%.
- Its net interest margin on average assets was 5.06% and its annualized return on assets was 0.41% for the quarter.
- Its cost of all shares and deposits was 0.75%, compared with a median of 1.30% among 770 similar credit unions with $100 million to $300 million in assets.
- It served 10,586 members, up 45.5% from a year earlier.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Caro Federal Credit Union's own data, FORFI would look at: Which depositors and relationships drive the change in funding, and what to offer them next.
Analysis workspaces
Sources and identifiers
- Institution
- Caro Federal Credit Union · Credit union
- NCUA charter
- 24404
- Reporting period
- Peer group
- 770 credit unions with $100 million to $300 million in assets that filed NCUA data for the same quarter. Caro Federal Credit Union itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
NCUA · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation |
|---|---|
| $168.23K | |
| $2.35M | |
| $267.27K | |
| $2.09M | |
| $544.21K | |
| $2.46M | |
| $0 | |
| $0 | |
| 0.41% | |
| 5.06% | |
| 93.60% |
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-16T13:43:41.229347+00:00. Separate reference provenance is included in the export.