COVID-19 (Coronavirus) Branch Updates Effective as of 10/19/2020
All locations are currently open and operating during normal business hours. Although our lobbies have reopened, we may limit occupancy from time-to-time to ensure social distancing. If you plan to stop by a branch, we encourage you to click the button below to schedule an appointment at your preferred branch. Any updates will be communicated on our website and via social media.
If you enter a branch lobby for service, you will be required to wear a protective face mask or covering. You will be asked to present a valid Photo ID and briefly lower your mask for identification purposes. We appreciate your cooperation as we work to maintain a secure environment for everyone.
As we continue to monitor the developments and impacts of COVID-19 (Coronavirus), our top priority is ensuring the safety of employees and members while continuing to deliver the best service possible. As a friendly reminder, a Carolina Trust representative will not request your account information through text or over the phone.
Click the link for FAQ Regarding Stimulus Payments at the top of our COVID-19 Resources Page, to see some of the frequently asked questions regarding the second round of stimulus payments, or "EIP 2."
Carolina Trust Federal Credit Union Announces Employee Promotion
Chaun Frink and Sarah Mathias-Perry have been appointed to the positions of Senior Network Administrator and Human Resources Specialist.
Frink has been with Carolina Trust since April 2019, where he started as IT System Administrator. In this role, he has overseen the infrastructure responsible for our member’s access to their funds. He was also responsible for data and telephone communications and server maintenance for the Credit Union.
He is a Veteran who served with the United States Army from 2001-2018. During his tenure with the US Army, he worked in different IT positions including, Cyber Security Analyst, Network Administrator, and Satellite Communications Operator.
Frink graduated from Coastal Carolina University with a BS in Business Administration in 2000.
Mathias-Perry has been with Carolina Trust since June 2017, where she started as a Teller. She has since held the role of Training and Product Specialist, where she has been instrumental in training all new employees, as well as assisting the Marketing and HR Departments with various tasks.
During her time as Training and Product Specialist, she discovered her passion for Human Resources and is looking forward to learning more about HR and working closely with our employees in her new role.
Mathias-Perry graduated from Coastal Carolina University in 2016 with a degree in Psychology and is very active in the community through her volunteer work at All4Paws Animal Rescue in Pawleys Island.
Pictured Above from L to R: Chaun Frink, Senior System Administrator and Sarah Mathias-Perry, Human Resources Specialist
Save the Date
The 2021 Annual Meeting for Carolina Trust Federal Credit Union members will be held Thursday, March 25, 2021 at 3:00pm at Horry Georgetown Technical College (Conway Campus) Burroughs and Chapin Auditorium.
Due to limited seating, we request that you RSVP using the link below. We hope you'll join us to learn more about the state of your Credit Union.
Hurricane Season will be here before you know it, and we want to make sure that you’re prepared. Now is the time to ensure that you have everything that you will need in the event of an emergency. Don’t wait until it's too late.
Click here for tips on creating a hurricane plan for you and your family!
WBTW Living Local
In honor of Black History Month, we visited Taylor’s Barber Shop in Marion, SC. Taylor’s has been in business for over 100 years and has been continuously owned and operated by African Americans. It is now considered by some to be the oldest, continuous barbershop in the state. Rev. Thomas E. Taylor founded the barbershop with a vision of operating a business for white patrons. You can watch this segment, as well as other previous segments on our Living Local Carolina page.
In honor of Random Acts of Kindness Day, Carolina Trust Brand Ambassador, August delivered flowers and reachers to the residents at Autumn Care of Shallotte. Although we haven’t been able to see the residents in person due to COVID-19, we still wanted them to know that we were thinking of them. We also sponsored Valentine’s Day cookies for Vital Aging of Williamsburg County Inc.
Pictured Above: Screen Capture Taken During Robin Mack-William's Financial Presentation.
Financial Planning and Budgeting Presentations
Robin Mack, AVP/Regional Manager and Conway Branch Manager, did a virtual presentation for the parents at the Longs and Green Sea Head Start Programs about budgeting and financial planning. We love being able to help our community grow its financial literacy.
Now Accepting Donations for Brunswick County, NC Storm Victims
To show our support to our members and friends in Brunswick County, NC, who were affected by the storms on February 15th, Carolina Trust made a monetary donation to the Brunswick VOAD, operating in conjunction with United Way of Cape Fear. You can help support your neighbors in need by making a financial donation at any Carolina Trust Branch Location, or you can mail cash/checks directly to either address below. We strongly encourage other area businesses to donate or help in any way that they can.
Brunswick VOAD
Care of: United Way Cape Fear Area
5919 Oleander Dr. STE 115
Wilmington, NC 28403
or
Brunswick Baptist Association
PO Box 80
Supply, NC 28462
All checks should have the following in the memo line: Brunswick County Emergency Tornado Assistance
For more information, please contact the Brunswick Baptist Association at 910-754-7979.
Blog Posts
Celebrating Black History Month
In honor of Black History Month, Carolina Trust highlighted influential African American men and women all month long on our weekly Living Local Carolina segments. The individuals whom we had the honor of talking to had such inspiring and interesting stories. It was such an honor to learn about their lives and the hurdles they had to jump through in order to succeed.
If You Need A Budget Follow These 5 Easy Tips to Get Started
According to the American Psychological Association's survey, which measures causes of stress, money consistently lands near the top with 61% of Americans reporting money-related anxiety. The biggest factor in this stress is overspending according to CNBC Personal Finance. We worry when total expenses (amount spent monthly) exceed total income (amount made monthly), causing mounting debt.
Create a monthly budget to ensure you do not spend more than you make in a month, forcing you to take on additional debt.
Yes. IRA owners have until their tax-filing deadline, April 15, 2021, to make a 2020 IRA contribution. The IRS requires that IRA owners make an irrevocable written election when they make these prior-year contributions. A prior-year contribution is any contribution made between January 1 and April 15 for the preceding year.
Can my spouse make an IRA contribution if they aren’t working right now?
Yes. If a working spouse receives enough eligible compensation to cover the IRA contribution for a nonworking spouse, the nonworking spouse can make a contribution to their IRA, provided they file a joint federal tax return. For example, a nonworking spouse whose marital partner earns $6,000 in annual eligible compensation can make a contribution of up to $6,000 (current annual limit) to their own IRA, assuming they file jointly. Or the $6,000 contribution can be split between the working and nonworking spouses’ IRAs as they choose (e.g., $3,000 to each). If the working spouse has at least $12,000 in annual eligible compensation and owns an IRA, then each spouse can make the maximum annual contribution to each of their IRAs (i.e., $6,000 to each). If one or both individuals is age 50 or older, their contribution limit is $7,000.
Reminders
Credit Union Youth Month is Coming Soon! Stop By Any Carolina Trust Branch During the Month of April to Participate.
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government National Credit Union Administration, a U.S. Government Agency
Carolina Trust Federal Credit Union, PO Box 780004, Myrtle Beach, South Carolina 29578, USA, 8434482133
