Caro
Caro is a credit union based in Columbia, South Carolina, established in 1967, with $156 million in total assets serving 10,650 members. By Trust Grade it ranks 31st of 46 credit unions we track in South Carolina. Its net worth ratio of 15.4% is stronger than 89% of similarly sized credit unions, versus a South Carolina median of 13.2%. It was profitable over the most recent period, with a 0.28% return on assets. No consumer complaints against Caro appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Caro compares to South Carolina peers
How we graded Caro
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (15.4% capital ratio)
- Profitable (ROA 0.28%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Caro over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Caro insured?
Yes. Caro is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Caro: frequently asked questions
Is Caro a good credit union?
Caro earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Strongly capitalized (15.4% capital ratio); Profitable (ROA 0.28%).
Is Caro NCUA-insured?
Yes. Caro is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Caro?
Caro holds $156 million in total assets, ranking 31st of 46 credit unions we track in South Carolina. It serves 10,650 members.
Does Caro have CFPB complaints?
No CFPB complaints against Caro appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
