Mission Statement
“To consistently exceed the expectations of our members and our community by being their trusted financial partner committed to service and excellence.”
Board Members
Board members of Carolina Federal Credit Union serve without pay and dedicate a great deal of time to help with the direction of our credit union. These volunteers bring years of personal and professional experience to their positions as the policy-making body of the Credit Union.
Chairwoman – Patsy Stewart
Vice-Chairman – Jason Raines
President/Treasurer – Donna Beringer
Secretary – Brad Rivers
Directors: Dixie Wall, Leah Aikey, Michael Hopper, Robert Hunter, Shannon Saine
Vision Statement
“To provide exceptional service through integrity, strength, and trust.”
Membership
Carolina Federal Credit Union has been a trusted financial organization for over 50 years, federally chartered in 1969 to serve Carolina Freight Employees. We’ve expanded our field of membership to include EVERYONE who lives, works, goes to school, or worships in Gaston or Cleveland County, eligible employees and retirees of our sponsored companies and associations, plus all family members. Do you live outside of Gaston or Cleveland County but live in North Carolina? You may still be able to become a member. Ask us about the North Carolina Consumers Council affiliation. We are a unique non-profit organization offering better rates, lower fees, valuable service, and expert financial advice. Become a member today, and let us treat you like family!
FAQ
What is Carolina FCU’s routing number?
Carolina FCU’s routing number is 253175397.
What’s a Credit Union?
A credit union is a cooperative, not-for-profit financial institution organized to promote thrift and provide credit to members. It is member-owned and controlled through a board of directors elected by the membership. The board serves on a volunteer basis and may hire a management team to run the credit union. The board also establishes and revises policy, sets dividend and loan rates, and directs certain operations. The result: members are provided with a safe, convenient place to save and borrow at reasonable rates at an institution which exists to benefit them, not to make a profit.
Who owns a credit union?
Each credit union member owns one “share” of the organization. Our members are the credit union owners, and are entitled to vote on important issues, such as the election of member representatives to serve on the board of directors.
How did credit unions start?
The first credit union cooperatives started in Germany over a century ago. Today, credit unions are found everywhere around the world. The credit union movement started in the USA in Manchester, New Hampshire in 1909 as St. Mary’s Cooperative Credit Association, a church-affiliated credit union.
Are savings deposits insured?
Yes. All savings accounts are insured up to $250,000 by the NCUA, the National Credit Union Administration, an agency of the federal government.
Who can join a credit union?
A credit union exists to serve a “field of membership.” The field of membership may include where someone lives, where they work, where they go to school, or where they worship. Carolina Federal Credit Union’s field of membership includes Gaston and Cleveland Counties, along with eligible employees and retirees of our sponsored companies and associations, plus all family members.