While our name has changed, formerly SC Telco Federal Credit Union, our mission to improve the financial lives of our members has never wavered. Our credit union has spent more than 85 years focusing on one simple goal: to provide trustworthy financial solutions that empower everyday people to take ownership of their future.
Along the way, we’ve discovered that lasting success is anchored by hopeful confidence and determined unity — a hope that today will be better and a belief that we can do more together. Hope and unity are more than just words; they are the core identity traits that Spero Financial weaves into everything we do.
Since our credit union began in South Carolina, it’s only fitting that our name should have its origin in one of our home state’s most recognizable symbols — the Great Seal of South Carolina. There, in one of the seal’s oval banners, we see the Latin phrase Dum Spiro Spero, meaning “While I breathe, I hope.” The concise optimism of this simple phrase captures the hopeful confidence we seek to instill in our members.
Pronounced "sparrow", our name brings to mind images of the small, industrious bird. Though slight in stature, sparrows are highly adaptable, perfectly capable of finding food and shelter on their own. However, they rely on each other for protection and security, finding strength in numbers. Individually resilient and collectively strong, the sparrow symbolizes the cooperative spirit that sets our credit union apart
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
The drum of the realization of the promise is beating, we are sweeping the road to the sky. Your joy is here today, what remains for tomorrow? The armies of the day have chased the army of the night...
NMLS 1795154