About the Credit Union

Community Owned Federal Credit Union is a financially sound organization that has served and supported the greater Charleston community since 1966. The Credit Union is one (of a few) of the region’s financial institutions established and operated by African-Americans. The organization was founded by South Carolina Afro-American Human Rights leader, Esau Jenkins.

The Vision

To be the best credit union who promotes a positive impact within the community, financially.

Our Motto

Not for profit, not for charity, but for service.

Our Mission

To provide quality financial services to the community in a friendly, professional manner; encourage thrift savings and the wise use of credit; increase the knowledge and ability of our members to manage and control their economic well-being; and to earn their trust and confidence by operating in an ethical and financially sound manner.

The Credit Union Difference

Credit union membership is ownership. We are not-for-profit and exist only for the financial benefit of our membership. As a result, Community Owned Federal Credit Union is able to pay competitive dividends on savings and offer attractive interest rates on loans. Find out the Credit Union Difference.


The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members. Membership is also open to immediate family of current members. Learn more about membership.

Federally Insured

As a federally chartered credit union, organized under strict regulatory laws, our operations are monitored and enforced by the National Credit Union Administration, an agency of the U.S. Government. Your deposits are federally insured up to $250,000, and backed by the full faith and credit of the United States Government – National Credit Union Administration (NCUA).


The Credit Union is conveniently located in downtown Charleston:

12 Spring Street, Ste C
Charleston, SC 24674

Opening Hours

The credit union is open during the following hours:

  • Monday – 10:00 am to 5:00 pm
  • Tuesday – 10:00 am to 5:00 pm
  • Wednesday – Closed
  • Thursday – 10:00 am to 5:00 pm
  • Friday – 10:00 am to 5:00 pm

Our Opening Hours

Call us at 843-722-7656.

Monday - Friday 10am - 5pm
Saturday CLOSED
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