Carolina Trust Federal Credit Union Approved to Serve Brunswick County, NC
March 13, 2018
Carolina Trust Federal Credit Union Approved to Serve
Brunswick County, NC
Brunswick County, NC
March 13, 2018 – Carolina Trust Federal Credit Union is pleased to announce the National Credit Union Administration (NCUA) approved the expansion of the Credit Union’s field of membership to include Brunswick County, NC.
Carolina Trust serves approximately 40,000 members with assets totaling $227 million. Offering branches in Myrtle Beach, Surfside Beach, Little River, Conway, Johnsonville and Lake City, SC, Carolina Trust opened its seventh location in Little River during October 2014. Since then, residents approximately two miles across the state line in Brunswick County, NC have wanted to join but were unable to open accounts due to the Credit Union’s restricted field of membership.
Now, individuals and business owners who live, work (or regularly conduct business in), worship, volunteer or attend school in Horry, Georgetown, Marion, Williamsburg, and the southern part of Florence County, South Carolina as well as Brunswick County, North Carolina can bank with a not-for-profit financial cooperative.
“Carolina Trust is excited to bring a lower-cost banking alternative to Brunswick County,” said Tim Carlisle, Carolina Trust President/CEO, “and what better time than during our 60th Anniversary year!”
“The southern part of Brunswick County does not have community access to a credit union, and we are eager to bring our unique style of banking and member service to an area underserved by credit unions,” Carlisle added.
Credit unions return profits to their accountholders (membership) – not stockholders – as banks are challenged to do, and credit union boards are comprised of volunteers, not paid directors. Accountholders are considered members/owners and are encouraged to participate in their credit union’s Annual Membership Meeting, financial education resources and community service initiatives.
Although Carolina Trust has no immediate plans to open a facility in its new NC county, the Credit Union offers phone, online and mobile banking services as well as mobile check deposit, online account opening and loan applications, and Carolina Trust is a member of the nationwide CO-OP Branch and ATM networks. For more information about Carolina Trust, please visit carolinatrust.org.
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Contact:
Lindsey Campbell, Marketing Coordinator
LCampbell@carolinatrust.org, 843-448-2133 x414
