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South Carolina Federal
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Banks
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Profit |
Member-owned: when the credit union earns income, it is invested back into the organization. |
For profit: when banks earn income, they split dividends to the stockholders who have invested in the bank. |
Board of Directors |
Credit union members. Volunteers elected by the membership. |
Paid Board of Directors. |
Insurance |
National Credit Union Administration (NCUA) protects member funds up to $250,000. |
The Federal Deposit Insurance Corporation (FDIC) protects bank customer funds up to $250,000. |
Your Participation |
Member and Owner |
Customer |
Products and Services |
Full-service financial institution |
Full-service financial institution |
ATMs |
Part of the Allpoint Network of more than 55,000 surcharge-free ATMs worldwide. |
Most banks offer ATMs. |
Wealth Management |
We provide investment opportunities through South Carolina Federal Investment SolutionsTM |
Most banks offer investment services. |
Community Involvement |
South Carolina Federal's community involvement ranges from Financial Literacy in schools to donating time and money to The Trident United Way and The American Red Cross, among many others. |
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