Credit union
SRP Federal Credit Union
North Augusta, South Carolina, Aiken County, SC
$2.1B in total assets and 203,074 members, the 258th largest of 4,298 US credit unions and 3rd of 45 headquartered in South Carolina.
- NCUA charter
- 24410
- Charter
- Federal
- Chartered
- 1991
- NCUA insured since
- 1971
- Field of membership
- Community credit unions
- Low-income designation
- Yes
- Website
- https://www.srpfcu.org
At a glance
Compared with 8 federally insured credit unions in South Carolina with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.1B | 75% | $1.5B | |
| Loans | $1.5B | 75% | $987M | |
| Deposits (shares) | $1.8B | 75% | $1.2B | |
| Members | 203,074 | 88% | 106,872 | |
| Return on assets | 1.35% | 50% | 1.36% | |
| Net interest income to assets | 4.61% | 98% | 3.85% | |
| Efficiency ratio | 67.9% | 62% | 64.8% | |
| Net worth ratio | 13.79% | 75% | 13.55% | |
| Loans to shares | 82% | 62% | 80% | |
| Cost of deposits | 1.07% | 12% | 1.35% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 10.4% a year over 10 years and 6.7% a year over the last 5, including 3 mergers in the last 10 years. Membership grew 3.2% a year over 5 years, to 203,074.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Mar 2022 | Tabernacle Federal Credit Union Credit union, Augusta, GA | $203K |
| Feb 2019 | Augusta VAH Federal Credit Union Credit union, Augusta, GA | $72M |
| Jun 2017 | Richmond Cty Health Dept.Emp. Credit Union Credit union, Augusta, GA | $401K |
Where they operate
21 branches in 7 counties.
2 of 21 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Aiken County, SC | 9 | 23.1% | 1 of 15 |
| Richmond County, GA | 4 | 8.2% | 2 of 23 |
| Columbia County, GA | 3 | 7.0% | 4 of 22 |
| Barnwell County, SC | 2 | 28.6% | 2 of 4 |
| Mcduffie County, GA | 1 | 14.3% | 1 of 7 |
| Allendale County, SC | 1 | 25.0% | 2 of 2 |
| Edgefield County, SC | 1 | 25.0% | 2 of 3 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 17 | |
| 2017 | 15 | −2 |
| 2018 | 16 | +1 |
| 2019 | 20 | +4 |
| 2020 | 18 | −2 |
| 2021 | 20 | +2 |
| 2022 | 20 | 0 |
| 2023 | 20 | 0 |
| 2024 | 20 | 0 |
| 2025 | 20 | 0 |
| Jun 2026 | 21 | +1 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.74% | 0.66% |
| Net worth ratio | 13.79% | 13.55% |
| Loans to shares | 82% | 80% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in South Carolina
Most branches in Aiken County, SC
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.