Bank vs. Caro

The difference between a bank and credit union is easy to see. Caro is a not-for-profit cooperative that lives within and gives back to the community with the goal of passing any profits back to our members. This comes in the form of more benefits, better options, financial advice, lower fees and better rates.

With a bank, you are simply a customer helping to swell the bottom line. Banks are for-profit large institutions with the goal of making money for the stockholders in the company.

Since we are invested in you and the community we serve, Caro wants to make a difference every day. We want to know what charities may be important projects to get involved in. If you have a donation or scholarship request, fill out the form HERE and bring it in the next time you visit us at Caro.

Each month, we choose a charity that is important to one of our Caro staff members to volunteer with, and donate $100 in their honor.

Caro Spotlight

October 2017

The Hive Community Circle

The Hive Community Circle Logo next to a quote "The Hive Community Circle provides assistance to victims of sexual assault 19 and up gives hope to those in horrible situations"

July 2017

The Cooperative Ministry

Mission: To increase the economic self-sufficiency of people experiencing poverty in the Midlands through crisis assistance and sustainability programs.

What people are saying:
“This charity provides assistance for the working poor. This moment, one in two families in the Midlands of SC falls near or below the poverty line.”

Learn more

August 2017

Miracle Hill Ministries Spartanburg

Mission: Miracle Hill exists that homeless children and adults receive food and shelter with compassion, and move toward healthy relationships and stability.

What people are saying:
“They care for homeless and men and women. They feed them as well as house them for a short time and provide computers and workshops to obtain new jobs to get them back on their feet.”

Learn more

September 2017

The Joyful Noise Foundation of SC

Mission: The Joyful Noise Foundation’s mission is to advance the financial support to children of South Carolina which will provide assistance to acquire the aid of hearing implants. As a result, these financial resources will allow them to live a full and productive life. We will be giving children the joy of hearing through the journey of cochlear implants.

What people are saying:
“They care for hearing impaired children by giving them an opportunity to live a full life. This foundation is very near and dear to my heart.”

Learn more

Interested in giving back to the community? Click here.


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