Parents of Chanticleer fans ages 5-13 can now register their child for a chance to be the next CCU Coin-Toss Kid! One lucky participant will be randomly selected before each of the six home games*.
Winners will receive four tickets to a CCU home football game, one parking pass, a CCU Prize Pack, and the opportunity to accompany the team captains and referees for the official pre-game coin toss.
*No purchase necessary to enter or win. Must be age 5-13 to participate. All eligible entries, as provided in the Official Contest Rules, must be received August 22, 2024 through November 7, 2024. An authorized adult or guardian must accompany each winner to the game. Winners must have verifiable parental or guardian permission to enter. Entry in this promotion or acceptance of any prize constitutes acceptance of the Official Contest Rules.Click herefor complete details and Official Contest Rules. Entry in this promotion or acceptance of any prize constitutes acceptance of the Official Contest Rules.
Scholarships
Carolina Trust actively demonstrates the credit union philosophy People Helping People in the communities we serve. We are honored to partner with several organizations to provide deserving students with financial assistance to achieve their higher education goals.
We're proud to announce that Carolina Trust will partner with the Carolinas Credit Union Foundation for the Carolina Trust Federal Credit Union Community Service Scholarship ($5,000.00) and the Carolina Trust Federal Credit Union Legacy Scholarship ($5,000.00) again this year.
In addition, Carolina Trust Federal Credit Union and Horry Telephone Cooperative, Inc. (HTC) have partnered to offer two scholarship awards to local graduating high school seniors who wish to continue their education at either Coastal Carolina University (CCU) or Francis Marion University (FMU). Two $5,000 scholarships will be awarded to rising college freshmen seeking a four-year degree from CCU or FMU.
Scams are everywhere as criminals try to cash in by stealing money or valuable personal information from victims. And given our modern reliance on technologies like smartphones and the internet, if you haven’t been a victim of a scam, you’ve likely been targeted by one. Click herefor more details as well as additional fraud prevention tips and resources.
Just a friendly reminder, Carolina Trust representatives will not request your account information through text or over the phone.
CTFCU Is Here For You
10th Annual Grillers Cup Benefit
The credit union had several employees represent us as volunteers at the 10th Annual Grillers Cup benefit for Help4Kids. Carolina Trust is dedicated to serving our community and we are thankful for employees who are as passionate about service as we are!
Hurricane Helene Donation
Our hearts are with those impacted by Hurricane Helene. Carolina Trust is honored to contribute to the aid and rebuilding efforts through a donation to the Carolinas Credit Union Foundation Disaster Relief Fund.
Fraud Awareness Presentation at Chapin Memorial Library
Raising awareness in our community about financial scams and fraud is super important to us. In efforts to educate and prevent more cases from happening, our SVP Risk Management, Melinda Drake-Pearce, led two presentations at Chapin Memorial Library that focused on common scams, how to spot scam red flags, and how to avoid becoming a victim.
International Credit Union (ICU) Day
International Credit Union (ICU) Day, October 17, is a day to celebrate credit unions' financial service partnership in communities around the country.
Since its inception in 1948, International Credit Union Day has been celebrated through outreach, volunteering, fundraising and other activities.
Get Your Free Credit Report
It's a good practice to check your credit report for fraudulent activity annually. The three major credit bureaus, Equifax, Experian and TransUnion, will provide you with a free copy of your credit report upon your request once every 12 months. These three national credit reporting agencies have established one central website, phone number, and mailing address to use for ordering your report. The credit bureaus will provide the free annual reports only through this central location and not through their individual websites, telephone numbers, or web addresses. Be cautious of websites offering "free" credit reports since you do not need to go through third party providers.
For your free credit report, contact the Annual Credit Report Request Service by Web: www.annualcreditreport.com, Toll-Free Telephone: 877.322.8228, or Mail: Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281. Since you are entitled to one free annual report from each of the three bureaus, you can get them all at one time or stagger the requests throughout the year. If you request the report online, you should be able to view it immediately. Requests made by phone or mail will take approximately 15 days to process
Current Promotions
Inactive Account Reminder
If you make routine deposits to your savings, pay down a loan, or use your checking account or VISA® credit card, then your account is considered active. However, if you have a Carolina Trust savings, checking or loan account that has not received a transfer, withdrawal or transaction within the past 12 months then that account is considered inactive. A $10 inactivity fee will be charged each month the account remains inactive. This fee will continue to be charged until you make a minimum $1 transaction to your account, until your balance is $0 or for five years, whichever comes first. After five years of inactivity, the account is considered dormant and abandoned property by the state of South Carolina. Carolina Trust is required to turn any abandoned account over to the State. Carolina Trust's Inactivity Account Policy applies to all youth and adult accounts, excluding IRAs. You can prevent an inactive status by making at least one deposit, withdrawal or transfer to your account(s) within a 12-month period.
Federal Regulation D
The US Government requires all financial institutions to enforce Federal Regulation D, which limits the number of transactions that can be made from a depository account during a calendar month. A depository account is defined as a savings-only or money market* account. Members may not make more than six (6) transfers or withdrawals from a depository account during a month by the following means:
• Online banking
• ACH
• ATM transaction at merchant
• Telephone transfer (either by E-Z Teller Audio Response or through a Member Service Representative)
• Automatic overdraft protection transfer from your savings or a joint account
Carolina Trust is federally required to refuse any transfer or withdrawal from a depository account that exceeds the Fed Reg D limitations. If you should exceed the monthly limitations on your savings or money market account, any transfer or withdrawal attempted from your depository account will be refused, the transaction will be returned for Non Sufficient Funds (NSF), and an NSF fee will be charged to your account. There is no limit to the number of withdrawals you may make from a depository account at a Carolina Trust branch or ATM location**. To avoid exceeding the "Reg D" limitations, monitor your account with the Regulation D Transaction eAlert, or utilize automatic draft (ACH) to have payments deducted from your checking account instead of your savings account. Also, consider setting up direct deposits to your checking as opposed to savings. Then you can transfer money from your checking to your savings without counting against your Reg D transactions.
*Money market accounts are assessed a fee for each withdrawal over 3 per month. **Savings accounts are assessed a fee for each withdrawal over 4 per month.
Member Rewards Program
Carolina Trust FCU will be sunsetting its member rewards program in 2024. Accumulation of points ended on May 31st, 2024. Points will be available for use until December 31st, 2024.
Reminders
Carolina Trust branches will be closed on Monday, October 14th in observance of Columbus Day.
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
