Federal credit union · Florence, South Carolina · NCUA charter #24491
Palmetto First
Health score 76/100, grade B (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 76
- Health / 100
- $61.5M
- Total assets
- 6,438
- Members
- 20.8%
- Net-worth ratio
Palmetto First scores 76/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $61.5M; members 6,438; net-worth ratio 20.75%; health rank #3,145 of 4,374; healthier than 26th of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#3,145 of 4,374 health · 2025Q4Palmetto First · health 76/100 · $61.5M · 2025Q4
Call Report peers
Palmetto First in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Palmetto First vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); Palmetto First sits in 75-79 with 502 others.
76 26th percentile higher than 26% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
Peer-gap read for Palmetto First
- Loan-to-Share Ratio leads the peer set - 84.37% here, 62.60% peer average (+21.77 pp).
- Delinquency Rate trails the peer set - 2.45% here, 0.96% peer average (+1.49 pp).
Palmetto First: in-state Call Report ranks
- South Carolina health ordinal: #36 of 46.
- South Carolina assets place: #30 of 46.
- South Carolina membership ordinal: #28 of 46.
- One place up in South Carolina, South Carolina (#35) scores 78/100, 2 points higher; one place down, Carolina Foothills (#37) ties at 76/100.
Quarter path for Palmetto First
Palmetto First: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +3.7% from $61.5M (2025Q4) to $63.8M (2026Q1).
- Net-worth ratio shifted -0.28 pp (21.03% → 20.75%).
20.75% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 76/100 score is built
Palmetto First gives up 24 points in total. Delinquency Rate costs the most, 15.3 of its 25; Net Worth Ratio and Return on Assets and Loan-to-Share Ratio score full marks.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 9.7 pts
- Return on Assets 15.0 pts
- Member Growth 6.6 pts
- Loan-to-Share Ratio 14.7 pts
Palmetto First vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 20.75% | +7.13 pp |
| Delinquency Rate | 2.45% | +1.49 pp |
| Return on Assets | 1.78% | +1.12 pp |
| Member Growth | -1.33% | - |
| Loan-to-Share Ratio | 84.37% | +21.77 pp |
Peer averages: $50M–$100M cohort, 584 credit unions, 2025Q4 filing.
Call Report history - Palmetto First
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $63.8M | - |
| 2025Q4 | $61.5M | 6,438 |
| 2024Q4 | $59.9M | 6,525 |
| 2023Q4 | $57.5M | 6,298 |
Credit Union Details
- Charter Number
- 24491
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $50M–$100M
- State
- South Carolina
- City
- Florence
- Data Quarter
- 2025Q4
Branch Locations (3)
The NCUA branch filing lists 3 physical offices for Palmetto First, spread across 2 cities.
| Office | City |
|---|---|
| Palmetto First FCU (Main Office) | Florence, SC |
| South Carolina National Guard Federal Credit Union | Columbia, SC |
| Palmetto First FCU - Branch | Florence, SC |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in South Carolina
More federally-insured credit unions based in South Carolina, ordered by peer group match and asset size.
Other-state peers near Palmetto First
Using this data
- Palmetto First ranks #3,145 of 4,374 nationally on financial health and #36 of 46 in SC -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Neighbors United is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Neighbors United
Frequently Asked Questions
Is Palmetto First financially healthy?
On its 2025Q4 NCUA 5300 filing, Palmetto First scores 76/100 (Very Good), with a 20.75% net worth ratio and 2.45% of loans delinquent. It ranks #3,145 of 4,374 nationally on health and #36 of 46 in South Carolina.
How does Palmetto First compare to other credit unions?
Palmetto First scores 76/100, higher than 26% of the 4,374 scored credit unions. Against the 584 peers in the $50M–$100M cohort, its widest edge is loan-to-share ratio (84.37% vs 62.60%). Its widest shortfall is delinquency rate (2.45% vs 0.96%).
How can I join Palmetto First?
Palmetto First operates under a community charter, meaning membership is generally open to anyone who lives, works, worships, or attends school within its defined geographic service area, no employer or association tie required. Contact Palmetto First directly for the exact boundaries and application steps.
Is my money safe at Palmetto First?
Palmetto First is a federal credit union; its shares are federally insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. Palmetto First's net worth ratio of 20.75% exceeds the 7% threshold NCUA considers "well capitalized."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.