Institution Profile
Address: PO Box 58429 Raleigh, NC 27658
(919) 420-8000
Website:
NCUA Profile:
Charter Date:
1/1/1967
Charter Type:
Federal
Branches:
22
Branches by Region
NC 22
Financial Overview
Total Assets
$6.03B
Total Deposits
$5.17B
Total Loans
$4.20B
Members
343,471
Employees
604 599 Full-time / 5 Part-time
Allowance for Loan Losses
$50.27M
Performance Ratios
Net Worth Ratio
9.74%
Loan-to-Deposit Ratio
81.32%
Coverage Ratio
1.20% Allowance / Total Loans
Assets, Loans & Deposits Over Time
Assets, Loans & Deposits Over Time
Total Assets: +72.14% Total Deposits: +67.01% Total Loans: +49.11% since 2020 Q1
Member Growth
Member Growth
Members: +26.66% since 2020 Q1
Employee Growth
Employee Growth
Employees: +6.34% since 2020 Q1
Loan Originations
New loans granted per quarter (calculated from YTD figures)
Loans This Year (YTD)
38,665
Amount This Year (YTD)
$1.59B
Number of Loans per Quarter
Loans Granted: -56.53% since 2020 Q1
Loan Amount per Quarter
Amount Granted: -41.47% since 2020 Q1
Loan Portfolio Breakdown
Current outstanding balances by loan type
Used Vehicle
$1.46B 34.7%
1st Mortgages
$1.46B 34.7%
HELOCs
$539.23M 12.8%
New Vehicle
$337.50M 8.0%
Other Unsecured
$126.42M 3.0%
CRE: Non-Owner-Occupied
$116.15M 2.8%
Credit Card
$95.15M 2.3%
CRE: Multifamily
$51.81M 1.2%
Other Secured
$5.99M 0.1%
Student Loans
$5.88M 0.1%
Ag Production
$4.89M 0.1%
CRE: Owner-Occupied
$3.05M 0.1%
Commercial & Industrial
$510,163 0.0%
Other Real Estate
$309,734 0.0%
Commercial Unsecured
$278,594 0.0%
Portfolio Distribution
SBA 7(a) Loan Originations
Quarterly SBA origination activity and guaranteed exposure
SBA 7(a) Originations vs Cancellations per Quarter
SBA 7(a) Approved vs Guaranteed vs Cancelled Dollars
Historical Data Table
| Quarter | Members | Total Assets | Total Deposits | Total Loans | Employees |
|---|---|---|---|---|---|
| 2025 Q4 | 343,471 | $6.03B | $5.17B | $4.20B | 604 |
| 2025 Q3 | 342,227 | $5.83B | $4.99B | $4.21B | 616 |
| 2025 Q2 | 341,944 | $5.78B | $4.96B | $4.17B | 618 |
| 2025 Q1 | 339,091 | $5.72B | $4.91B | $4.07B | 622 |
| 2024 Q4 | 336,958 | $5.51B | $4.71B | $4.07B | 615 |
| 2024 Q3 | 334,816 | $5.35B | $4.56B | $4.08B | 624 |
| 2024 Q2 | 333,222 | $5.23B | $4.55B | $4.09B | 622 |
| 2024 Q1 | 332,419 | $5.18B | $4.53B | $4.11B | 626 |
| 2023 Q4 | 331,458 | $4.99B | $4.35B | $4.15B | 629 |
| 2023 Q3 | 331,089 | $4.90B | $4.29B | $4.14B | 635 |
| 2023 Q2 | 329,348 | $4.82B | $4.22B | $4.09B | 625 |
| 2023 Q1 | 327,802 | $4.70B | $4.18B | $4.01B | 633 |
| 2022 Q4 | 323,493 | $4.60B | $4.10B | $3.92B | 629 |
| 2022 Q3 | 319,835 | $4.66B | $4.18B | $3.79B | 623 |
| 2022 Q2 | 314,039 | $4.74B | $4.26B | $3.55B | 618 |
| 2022 Q1 | 300,813 | $4.77B | $4.28B | $3.20B | 606 |
| 2021 Q4 | 300,211 | $4.62B | $4.11B | $3.01B | 595 |
| 2021 Q3 | 294,166 | $4.41B | $3.93B | $2.90B | 589 |
| 2021 Q2 | 287,818 | $4.30B | $3.84B | $2.81B | 583 |
| 2021 Q1 | 282,588 | $4.19B | $3.75B | $2.72B | 572 |
| 2020 Q4 | 277,399 | $3.96B | $3.52B | $2.71B | 574 |
| 2020 Q3 | 274,488 | $3.82B | $3.39B | $2.73B | 568 |
| 2020 Q2 | 271,879 | $3.73B | $3.33B | $2.76B | 567 |
| 2020 Q1 | 271,186 | $3.50B | $3.10B | $2.82B | 568 |
Interest Rates
Current average rates by loan type
New Vehicle
6.99%
Used Vehicle
7.09%
1st Mortgage (Fixed)
6.00%
HELOC
7.15%
Credit Card
12.00%
Other Unsecured
9.49%