Carolina Foothills vs Palmetto Citizens
Comparing a Credit Union in Spartanburg, SC with a Credit Union in Columbia, SC using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Carolina Foothills ↗ Credit Union · Spartanburg, SC · Est. 1960 | Palmetto Citizens ↗ Credit Union · Columbia, SC · Est. 1936 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Credit Union | Credit Union |
| Location | Spartanburg, SC | Columbia, SC |
| Total assets | $220.5M | $1.5B |
| Net worth ratio | 12.3% | 13.2% |
| Return on assets | 3.0% | 1.3% |
| Shares & deposits | — | — |
| Members | 19,389 | 86,899 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #4 of 46 | #2 of 46 |
| Established | 1960 | 1936 |
Carolina Foothills
- Assets: $220.5M
- Members: 19,389
- Capital ratio: 12.3%
- Return on assets: 3.0%
- CFPB complaints: 0
- State rank: #4 of 46
Palmetto Citizens
- Assets: $1.5B
- Members: 86,899
- Capital ratio: 13.2%
- Return on assets: 1.3%
- CFPB complaints: 0
- State rank: #2 of 46
Are both institutions federally insured?
Yes. Carolina Foothills is NCUA-insured and Palmetto Citizens is NCUA-insured. Both protect deposits up to $250,000 per depositor, per ownership category, regardless of Trust Grade. The Trust Grade reflects financial strength and complaint history — not the safety of insured deposits. Estimate your coverage →
Frequently asked questions
Which is better, Carolina Foothills or Palmetto Citizens?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Carolina Foothills scores higher with a grade of A (98/100). However, "better" depends on your needs: if you prioritize branch access, local service, or membership eligibility for a credit union, the lower-scoring option may still be the right choice for you.
Is Carolina Foothills safe?
Yes — Carolina Foothills is NCUA-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected regardless of the institution's Trust Grade. Its Trust Grade is A (98/100), reflecting its financial strength and complaint history relative to peers.
Is Palmetto Citizens safe?
Yes — Palmetto Citizens is NCUA-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected. Its Trust Grade is A (98/100).
What is the capital ratio of Carolina Foothills vs Palmetto Citizens?
Carolina Foothills has a net worth ratio of 12.3%, placing it in the top 37% of $100M–1B peers. Palmetto Citizens's ratio is 13.2%, placing it in the top 17% of $1B–10B peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Carolina Foothills have compared to Palmetto Citizens?
The CFPB database shows 0 complaints against Carolina Foothills, and 0 complaints against Palmetto Citizens. The per-$1B rate adjusts for institution size and is a more meaningful comparison metric.
How does Bankzia calculate the Trust Grade?
The Trust Grade combines a financial strength score (based on capital ratio, return on assets, and other FDIC/NCUA metrics) with a customer experience score derived from CFPB complaint data. The scores are weighted and normalized within peer groups by institution size and type. See our full methodology for details.
Compare Carolina Foothills with other Credit Unions in South Carolina
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
