What are the current interest rates at CAROLINA?

Current rates for CAROLINA include: 12-Month CD: 3.75%, 24-Month CD: 3.50%, 60-Month CD: 3.50%, Savings: 2.50%, MMA: 2.50%

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CAROLINA

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CAROLINA Rates & Review October 2026

Q: How many branches does CAROLINA operate?

CAROLINA currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is a member application needed to join CAROLINA?

Yes, to access services at CAROLINA, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Is there a first-time homebuyer program?

Currently, CAROLINA does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, CAROLINA provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 10, 2026

CAROLINA's top rates as of October 10, 2026 are 4.00% APY on its 1 Year CD, 2.50% APY on savings, 2.50% APY on money market accounts, 0.05% APY on checking, personal loans from 12.75% APR, and credit cards from 13.50% APR, according to rates verified by MonitorBankRates. Other CAROLINA CD rates include 6 Month CD at 3.90%, 1 Year CD at 3.75%, and 2 Year CD at 3.60%. MonitorBankRates evaluates the financial stability of CAROLINA with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 4.75%. Rates last updated and verified on 10/10/2026.

CAROLINA money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at CAROLINA? Share your experience about CAROLINA by leaving a review below, or read customer reviews before you decide to use CAROLINA.

Verified Healthy Q2 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 98/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

4.75%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

CAROLINA
Carolina Federal Credit Union

1200 E Church St
Cherryville, NC 28021-9211

http://www.carolinafcu.org

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Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.

CAROLINA CD Rates

Product	Rate	APY	Term
1 Year CD	3.93%	4.00%	1 Year
Min Deposit $50,000 Last Updated 10/10/2026 Rate History 2 changes since Sep 14, 2026 · 3.45% → 4.00% ▲ 0.55 pts · high 4.00% / low 3.45% Oct 6, 20264.00%▲ from 3.50% Sep 18, 20263.50%▲ from 3.45% Sep 14, 20263.45%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
6 Month CD	3.83%	3.90%	6 Month
Min Deposit $1,000 Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 3.60% → 3.90% ▲ 0.30 pts · high 3.90% / low 3.60% Oct 6, 20263.90%▲ from 3.60% Sep 14, 20263.60%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
1 Year CD	3.69%	3.75%	1 Year
Min Deposit $1,000 Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 3.45% → 3.75% ▲ 0.30 pts · high 3.75% / low 3.45% Oct 6, 20263.75%▲ from 3.45% Sep 14, 20263.45%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
2 Year CD	3.54%	3.60%	2 Year
Min Deposit $50,000 Last Updated 10/10/2026 Rate History 2 changes since Sep 14, 2026 · 3.30% → 3.60% ▲ 0.30 pts · high 3.60% / low 3.30% Oct 6, 20263.60%▲ from 3.40% Sep 18, 20263.40%▲ from 3.30% Sep 14, 20263.30%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
3 Year CD	3.54%	3.60%	3 Year
Min Deposit $50,000 Last Updated 10/10/2026 Rate History 2 changes since Sep 14, 2026 · 3.20% → 3.60% ▲ 0.40 pts · high 3.60% / low 3.20% Oct 6, 20263.60%▲ from 3.30% Sep 18, 20263.30%▲ from 3.20% Sep 14, 20263.20%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
5 Year CD	3.54%	3.60%	5 Year
Min Deposit $50,000 Last Updated 10/10/2026 Rate History 2 changes since Sep 14, 2026 · 3.10% → 3.60% ▲ 0.50 pts · high 3.60% / low 3.10% Oct 6, 20263.60%▲ from 3.20% Sep 18, 20263.20%▲ from 3.10% Sep 14, 20263.10%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
2 Year CD	3.45%	3.50%	2 Year
Min Deposit $1,000 Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 3.30% → 3.50% ▲ 0.20 pts · high 3.50% / low 3.30% Oct 6, 20263.50%▲ from 3.30% Sep 14, 20263.30%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
3 Year CD	3.45%	3.50%	3 Year
Min Deposit $1,000 Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 3.20% → 3.50% ▲ 0.30 pts · high 3.50% / low 3.20% Oct 6, 20263.50%▲ from 3.20% Sep 14, 20263.20%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
5 Year CD	3.45%	3.50%	5 Year
Min Deposit $1,000 Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 3.10% → 3.50% ▲ 0.40 pts · high 3.50% / low 3.10% Oct 6, 20263.50%▲ from 3.10% Sep 14, 20263.10%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%

CAROLINA Savings Rates

Product	Rate	APY
IRA Savings	2.47%	2.50%
No additional details. Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 2.50% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
Club Accounts	0.10%	0.10%
No additional details. Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 0.10% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
Share Savings	0.10%	0.10%
Min Deposit $25 Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 0.10% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%

CAROLINA Money Market Rates

Product	Rate	APY
Money Market	2.47%	2.50%
Min Balance $100,000 Details Balance: $100,000 and Over Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 2.50% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
Money Market	2.28%	2.30%
Min Balance $50,000 Details Balance: $50,000 - $99,999 Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 2.30% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
Money Market	2.13%	2.15%
Min Balance $25,000 Details Balance: $25,000 - $49,999 Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 2.15% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
Money Market	2.08%	2.10%
Min Balance $10,000 Details Balance: $10,000 - $24,999 Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 2.10% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
Money Market	1.99%	2.00%
Min Balance $2,500 Details Balance: $2,500 - $9,999 Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 2.00% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%

CAROLINA Checking Rates

Product	Rate	APY	View More
Checking Account	0.05%	0.05%
No additional details. Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 0.05% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%

CAROLINA Home Equity & HELOC

Product	Rate	Points	APR
Home Equity Line of Credit (NC Only)	-	-	7.00%
No additional details. Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 6.75% → 7.00% ▲ 0.25 pts · high 7.00% / low 6.75% Oct 2, 20267.00%▲ from 6.75% Sep 14, 20266.75%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
Fixed Home Equity Loan (NC Only)	-	-	7.50%
No additional details. Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 7.25% → 7.50% ▲ 0.25 pts · high 7.50% / low 7.25% Oct 2, 20267.50%▲ from 7.25% Sep 14, 20267.25%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%

CAROLINA Auto Loan Rates

Product	Rate	Points	APR	Term
New Car Loans	-	-	5.74%	36-84 months
Details Published APR range: 5.74% - 17.00%. Last Updated 10/10/2026 Rate History 1 change since Sep 18, 2026 · 5.24% → 5.74% ▲ 0.50 pts · high 5.74% / low 5.24% Oct 6, 20265.74%▲ from 5.24% Sep 18, 20265.24%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%
Used Car Loans	-	-	6.24%	36-84 months
Details Published APR range: 6.24% - 17.00%. Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 5.74% → 6.24% ▲ 0.50 pts · high 6.24% / low 5.74% Oct 6, 20266.24%▲ from 5.74% Sep 14, 20265.74%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%

CAROLINA RV, Boat and Powersport Loan Rates

Product	Rate	APR	Term	View More
Recreational Loans / Farm Equip	-	7.49%	60-120 months
Details Published APR range: 7.49% - 17.00%. Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 7.49% APR · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%

CAROLINA Credit Card Rates

Product	Rate	APR	View More
Visa Credit Cards	-	13.50%
Details Published APR range: 13.50% - 18.00%. Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 13.50% APR · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%

CAROLINA Personal Loan Rates

Product	APR	Term	View More
Personal Loans	12.75%
Details As Low As; Rates are based on the evaluation of your credit history, so your rates may differ. Rates are subject to change. The actual rate/APR will be determined based on your credit score and the number of rate discounts, up to 0.75% (excluding promotions), as well as applicable fees. Last Updated 10/10/2026 Rate History No change since Sep 27, 2026 · 12.75% APR · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%

CAROLINA Other Rates

Product	Rate	Points	APY/APR	Term	View More
Smart Advance Loan	-	-	18.00%	6 months
Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 18.00% APR · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.75%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

CAROLINA’s Texas Ratio rose from 3.23% in Q3 2023 to 4.75% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$85M	4.75%	5.0	A+
March 31, 2026	$85M	4.76%	5.0	A+
December 31, 2025	$84M	4.82%	5.0	A+
September 30, 2025	$82M	4.32%	5.0	A+
June 30, 2025	$83M	3.71%	5.0	A+
March 31, 2025	$84M	2.44%	5.0	A+
December 31, 2024	$78M	3.63%	5.0	A+
September 30, 2024	$76M	4.96%	5.0	A+
June 30, 2024	$74M	5.10%	5.0	A+
March 31, 2024	$75M	4.62%	5.0	A+
December 31, 2023	$71M	3.85%	5.0	A+
September 30, 2023	$70M	3.23%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for CAROLINA is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather CAROLINA rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with CAROLINA's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name CAROLINA

Website http://www.carolinafcu.org

Address 1200 E Church St, Cherryville, NC 28021-9211

Phone 704-435-0186

Fax 704-435-8061

President Jason Raines

CEO Donna Beringer

Full-Time Employees 16

Part-Time Employees 0

Branch Locations 1

ATM Locations 1

NCUA Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (98/100)

Texas Ratio

4.75%

Return on Assets (ROA)

0.3377%

Return on Equity (ROE)

3.1928%

Non-Performing Loans Ratio (NPL)

0.72%

Total Assets

85,142,691

Total Amount of Shares and Deposits

75,182,531

Total Shares and Deposits < 1 Year

71,036,455

Total Shares and Deposits 1 3 Years

2,811,499

Total Shares and Deposits > 3 Years

1,334,577

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

8,850,657

Total Uninsured Shares and Deposits > $250K (F+J)

8,850,657

Total Insured Shares and Deposits > $250K (item 17 less item K)

66,331,874

Total Interest Expense (Sum of items 6 8)

733,169

Share Certificates

510

Number of Accounts for Share Drafts

2,616

IRA KEOGH Accounts

125

Number of Accounts for Regular Shares

7,250

Money Market Shares

244

Net Income (unless the amount is already included in Undivided Earnings)

287,490

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

10,819,835

Total Liabilities

76,151,487

Source: NCUA — Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

CAROLINA earned the Verified Healthy badge

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Customer Reviews

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Average Rating

☆☆☆☆☆

Total Reviews

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Frequently Asked Questions About CAROLINA

How many branches does CAROLINA operate?

CAROLINA currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join CAROLINA?

Yes, to access services at CAROLINA, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, CAROLINA does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, CAROLINA provides members with tools to manage their accounts and build a solid financial history.

Does CAROLINA offer online and mobile banking?

Most modern institutions like CAROLINA provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: http://www.carolinafcu.org.

Current CAROLINA Rates

12-Month CD3.75%
24-Month CD3.50%
60-Month CD3.50%
Savings2.50%
MMA2.50%

Retrieved from our database of financial products. Rates subject to change.

Compare to Other Credit Unions

CAROLINA Rates & Review October 2026

Brian McKay

Overall Health & Safety Grade

MonitorBankRates Star Rating

CAROLINA Texas Ratio

CAROLINA Health Trend

CAROLINA CD Rates

CAROLINA Savings Rates

CAROLINA Money Market Rates

CAROLINA Checking Rates

CAROLINA Home Equity & HELOC

CAROLINA Auto Loan Rates

CAROLINA RV, Boat and Powersport Loan Rates

CAROLINA Credit Card Rates

CAROLINA Personal Loan Rates

CAROLINA Other Rates

Financial Health History

Methodology & Data Sources

Credit Union Profile & Overview

Financials

CAROLINA earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About CAROLINA

How many branches does CAROLINA operate?

Is a member application needed to join CAROLINA?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does CAROLINA offer online and mobile banking?

Current CAROLINA Rates

Compare to Other Credit Unions