Business Details
50+ Years
experience
Your Trusted Partner for Financial Services in North Charleston
Founded in 1955, CPM Federal Credit Union has grown from a small community institution to a $650 million asset financial cooperative serving over 64,000 members across South Carolina. As a not-for-profit organization, we prioritize member needs through competitive loan rates, high-yield deposit products, and innovative digital banking solutions. Our 11 branches and 24/7 virtual agent Penny reflect our commitment to accessible, community-focused financial services.With national recognition for financial strength and a 4.9-star online banking rating, we deliver personalized service that empowers members to achieve their financial goals. Our history of reinvesting profits into local communities and technological advancements demonstrates our enduring mission to make banking better for Carolina residents.
Services
Checking Accounts
Savings Accounts
Auto Loans
Mortgage Loans
Credit Cards
Online Banking
ATM Services
Financial Education
Mobile Banking
Member Benefits
Details
- Year established: 1955
Highlights and features
- We operate as a not-for-profit financial institution focused on member benefits
- We offer lower loan rates and higher deposit rates than traditional banks
- Our 4.9-star rated online banking platform provides 24/7 access
- We maintain 11 convenient South Carolina branch locations
- Our community investment initiatives support local development
Associations and certifications
- National Credit Union Administration (NCUA)
Services
Checking Accounts
Our checking accounts provide secure fund management with competitive rates and no hidden fees. Members enjoy convenient access through 11 branches, 65,000 nationwide ATMs, and mobile banking. Features include free eStatements, overdraft protection, and personalized customer support.
Auto Loans
We offer competitive auto loan rates starting at 4.39% APR with flexible terms. Our financing options cover new and used vehicles, motorcycles, and boats. Members benefit from personalized loan counseling and quick approval processes.
Mortgage Loans
Our mortgage programs feature rates starting at 5.32% APR with options for first-time buyers and refinancing. We provide personalized guidance through the home buying process and maintain local decision-making for faster approvals.
Credit Cards
We offer multiple credit card options including rewards programs and secured cards for building credit. Features include zero liability protection, mobile wallet integration, and customizable spending controls through our mobile app.
Online Banking
Our 4.9-star rated online banking platform enables 24/7 account management. Features include bill pay, mobile check deposit, account alerts, and budgeting tools. The platform maintains advanced security measures including multi-factor authentication.
Questions
What services does CPM Federal Credit Union offer?
We provide checking and savings accounts, personal and auto loans, mortgages, credit cards, and financial education resources.
How can I open an account?
Accounts can be opened online in minutes or at any of our 11 South Carolina branch locations.
Do you offer 24/7 banking access?
Yes, our online banking platform and Penny virtual agent provide 24/7 account access and support.
What loan options are available?
We offer auto loans, personal loans, mortgages, and credit-building secured loans with competitive rates.
How do you protect member information?
We use advanced encryption, multi-factor authentication, and fraud monitoring systems to secure accounts.
Are there ATM fees?
We provide surcharge-free access to over 65,000 nationwide ATMs through the Allpoint and CO-OP networks.
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