About Us


Charleston Paper Mill photo

CPM Federal Credit Union was formed in 1955 by employees of the Charleston Paper Mill. We started in an old construction shed and our mission back then was to make affordable loans and deliver exceptional service to the employees of the Mill and improve their financial wellbeing.

Since that time CPM has grown to $477 million in assets, has earned national recognition for financial strength, and now delivers better banking to more than 58,000 people throughout the communities served by their network of 12 South Carolina branches and their highly rated digital services.  Proudly serving their neighbors throughout the State CPM still strives to deliver exceptional service and value everyday recognizing that Carolina People Matter. That means:

  • lower rates on loans
  • higher rates on deposits
  • lower fees and lots for free
  • more money to invest in technology
  • greater financial strength and more stars from independent rating agencies

Come in and find out why over 58,000 of your neighbors have chosen CPM for better banking.