Who We Are

Santee Cooper Credit Union was founded in 1953 to serve the employees of the South Carolina Public Service Authority, commonly referred to as Santee Cooper. The Credit Union was chartered when 10 members joined together their funds contributing $50.00 each. They offered membership to employees for $5 per share, which it still remains today.

Since its charter, Santee Cooper Credit Union has expanded its field of membership to include anyone that lives, works, or attends school in Berkeley or Horry County, SC. While the credit union has continued to grow over the past 60 years, we have maintained our personal and professional service to improve our "people helping people" philosophy.

Santee Cooper Credit Union is a not-for-profit financial institution, owned by its members and governed by a volunteer member-elected Board of Directors. As a not-for-profit institution, our members are our owners, which means any profits we reap, you benefit, not some shareholders. Our earnings are then returned to members in the form of higher dividends, lower loan rates and a low cost fee structure. Profits are also used to improve existing programs and add new services.

The National Credit Union Share Insurance Fund (NCUSIF) is the federal fund created by Congress in 1970 to insure member's deposits in credit unions up to the $250,000 federal limit. Administered by the National Credit Union Administration, the NCUSIF is backed by the "full faith and credit" of the U.S. Government.