NCUA merger report, Q4 2025
1st Cooperative merger into Caro Federal Credit Union
NCUA's Merger Activity and Insurance Report for Q4 2025 lists 1st Cooperative, of Cayce, SC, as merging into Caro Federal Credit Union, of Columbia, SC. NCUA records the reason as "expanded services". 1st Cooperative last filed a call report for Q1 2026, with $22.0M in assets and 2,488 members.
Members of 1st Cooperative become members of Caro Federal Credit Union. Watch for its notice on new account numbers, cards and online banking.
The two credit unions side by side
| Measure | 1st CooperativeQ1 2026 | Caro Federal Credit UnionQ2 2026 |
|---|---|---|
| Assets | $22.0M | $174.9M |
| Members | 2,488 | 10,586 |
| Net worth ratio | 12.61% | 15.41% |
| Offices | – | 5 |
| Paid on deposits | – | 0.83% |
| New auto loan rate | – | 7.95% |
| Fee income per member | – | $118 |
Figures for 1st Cooperative are from its call report for Q1 2026; this page carries only its size and capital. Assets for the report quarter: $22.1M merging, $126.0M continuing.
On our member-value score, built only from call-report data, Caro Federal Credit Union scores 34.3 out of 100.
Caro Federal Credit Union offices near Cayce
From NCUA's branch file for Q2 2026, in Cayce first and then elsewhere in SC. Every Caro Federal Credit Union location
Columbia, SC 3
- Branch 03 4480 Rosewood Dr, Columbia, SC 29209 Drive-through · ATM
- Branch-00 710 Pulaski St, Columbia, SC 29201 Drive-through · ATM
- Branch-10 4480 Rosewood Dr, Columbia, SC 29209 Main office
Greenville, SC 1
- St. Francis Branch 121 Sumner St, Greenville, SC 29601 Drive-through
Source: NCUA Merger Activity and Insurance Report, Q4 2025, and NCUA 5300 call reports. The report quarter is when the approval was listed; the merger may take effect later. Not affiliated with NCUA or either credit union. · All recent mergers · Caro Federal Credit Union full figures
Questions people ask
Did 1st Cooperative merge?
Yes. NCUA's Merger Activity and Insurance Report for Q4 2025 lists 1st Cooperative, of Cayce, SC, as merging into Caro Federal Credit Union, of Columbia, SC. Its last call report was for Q1 2026.
Why did 1st Cooperative merge?
NCUA records the reason as "expanded services". That is the category NCUA's report gives; the credit unions' own merger notice to members explains it in more detail.
What happens to my 1st Cooperative account?
Members and their accounts move to Caro Federal Credit Union, which becomes your credit union. Account numbers, the routing number, cards, checks and online banking can change; the notice Caro Federal Credit Union sends members gives the dates. Keep using your current details until it tells you otherwise.
Is my money still insured?
Yes. Caro Federal Credit Union is federally insured by NCUA, which covers deposits up to $250,000 per owner, per insured credit union, for each account ownership category. If you also had accounts at Caro Federal Credit Union before the merger, your balances are now at one credit union.