NCUA merger report, Q3 2025
Rural Cooperatives merger into Caro Federal Credit Union
NCUA's Merger Activity and Insurance Report for Q3 2025 lists Rural Cooperatives, of Louisville, KY, as merging into Caro Federal Credit Union, of Columbia, SC. NCUA records the reason as "expanded services". Rural Cooperatives last filed a call report for Q4 2025, with $33.7M in assets and 3,094 members.
Members of Rural Cooperatives 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 | Rural CooperativesQ4 2025 | Caro Federal Credit UnionQ2 2026 |
|---|---|---|
| Assets | $33.7M | $174.9M |
| Members | 3,094 | 10,586 |
| Net worth ratio | 11.98% | 15.41% |
| Offices | – | 5 |
| Paid on deposits | – | 0.83% |
| New auto loan rate | – | 7.95% |
| Fee income per member | – | $118 |
Figures for Rural Cooperatives are from its call report for Q4 2025; this page carries only its size and capital. Assets for the report quarter: $34.2M 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 Louisville
From NCUA's branch file for Q2 2026, in Louisville first and then elsewhere in KY. Every Caro Federal Credit Union location
Drakesboro, KY 1
- Paradise 13246 State Route 176, Drakesboro, KY 42337 Drive-through
Louisville, KY 1
- Louisville 1630 Lyndon Farm Ct Ste 201, Louisville, KY 40223
Source: NCUA Merger Activity and Insurance Report, Q3 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 Rural Cooperatives merge?
Yes. NCUA's Merger Activity and Insurance Report for Q3 2025 lists Rural Cooperatives, of Louisville, KY, as merging into Caro Federal Credit Union, of Columbia, SC. Its last call report was for Q4 2025.
Why did Rural Cooperatives 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 Rural Cooperatives 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.