Palmetto Health Credit Union

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 3 out of 5

PO Box 100167, Columbia, SC 29202-3167

Website

(803) 978-2101

Data Source: NCUA, December 31, 2016


Palmetto Health Credit Union was founded in 1964. Headquartered in Columbia, South Carolina, Palmetto Health Credit Union is a state chartered and federally insured credit union, being chartered in South Carolina and insured through the National Credit Union Share Insurance Fund (NCUSIF). Palmetto Health Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Palmetto Health Credit Union services 15,410 members through its 5 offices and branches and 27 full-time employees. It has $67,340,013 of total assets and $9,410,892 of net worth. Based on its asset size and net worth ratio, Palmetto Health Credit Union is classified as a Well Capitalized medium credit union.

Palmetto Health Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Palmetto Health Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Palmetto Health Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in South Carolina and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of South Carolina
Median of USA
Checking
0.1500
0.0500
0.0000
Savings
0.2500
0.1000
0.1200
Money Market
0.0000
0.2000
0.2500
Certificate Deplit
0.4000
0.4000
0.5800
IRA
0.2500
0.4000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of South Carolina
National Median Rates
Credit Cards
n/a
9.9000
9.9900
Unsecured Line of Credits
17.9900
13.0600
10.9500
Short-term Small Amount
n/a
28.0000
25.0000
Student Loans
n/a
8.3500
6.0200
New Car Loans
9.0000
3.9000
3.3300
Used Car Loans
15.0000
5.2000
4.5000
1st Mortgage Real Estates
6.2500
4.3800
4.2500
Other Real Estates
4.0000
4.9950
4.7000

Palmetto Health Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Palmetto Health Credit Union.

Electronic Banking Service Offerings

Membership Application
No
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
No
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
Yes
Account Balance Inquiry
Yes
No
Yes
View Account History
Yes
No

As a community financial institution, Palmetto Health Credit Union actively involves in local communities by prliding services such as financial counseling, financial education.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
No
Insurance/Investment Sales
Yes
First Time Homebuyer Program
No
Palmetto Health Credit Union – Baptist Branch
1333 Taylor St Ste 5c
Columbia, SC 29201
Phone:803-978-2101

Palmetto Health Credit Union – Corporate Offices
Main Office

1333 Taylor St Ste 5b
Columbia, SC 29201
Phone:803-978-2101

Palmetto Health Credit Union – Easley Branch
200 Fleetwood Dr
Easley, SC 29640-2022
Phone:864-442-7541

Palmetto Health Credit Union – Richland Branch
9 Richland Medical Park Dr Ste 240
Columbia, SC 29203-6895
Phone:803-978-2101

Palmetto Health Parkridge
100 Palmetto Health Pkwy Ste G101
Columbia, SC 29212-1753
Phone:803-978-2101

(803) 296-2375

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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