Join Palmetto Citizens today to enjoy better rates, fewer fees and the personalized service we've been providing to Midlands residents since 1936.
Palmetto Citizens Federal Credit Union, formerly known as Columbia (SC) Teachers FCU, was organized and issued a federal charter on June 4, 1936. Ten individuals each deposited $5.00 to begin the credit union which only served the employees of Columbia Public Schools.
In 2001, the National Credit Union Administration (NCUA), an agency of the federal government that oversees all federally chartered credit unions, gave approval for us to become a community based credit union and officially became Palmetto Citizens. We were the first credit union in South Carolina to be granted a multi-county community charter.
Today, Palmetto Citizens is one of South Carolina's larger credit unions, serving over 73,000 members with assets of over $1 billion.