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220 South Royal Oaks
Franklin, TN 37064

Southeast Financial Credit Union is headquartered in Franklin and is the 9th largest credit union in the state of Tennessee. It is also the 489th largest credit union in the nation. It was established in 1936 and as of March of 2014, it had grown to 170 employees and 68,549 members. Southeast Financial Credit Union has a C+ health rating.

Field of Membership Restrictions

1. Join by Employer Select Employee Groups that your employer offers Southeast Financial membership benefits. Contact the Credit Union for information on how your employer can offer SFCU membership as an employee benefit. 2. Join by Community Call Member Services at 615.743.3700 or 800.521.9653 to see if the community where you live, work, worship, attend school, or volunteer is eligible for Southeast Financial membership. 3. Join the ASMT Call Member Services at 615.743.3700 or 800.521.9653 and make a $5.00 donation to the Autism Society of Middle Tennessee to automatically qualify for Southeast Financial membership. - See Details

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Reviews (4)

False Reports To Credit Bureaus

Beware- very unethical in reporting to credit bureaus, falsely will state that loans are student loans so that the loans can not be discharged by any means, when in fact the loan was not a student loan. This credit union has done shady business with the likes of The College Network, in which all you have to do is google their unethical behavior and fraud on healthcare professionals.

Beware of this company.

Very Unprofessional!

Do not do business with this institution. 

Best Service EVER!!

The loan officer helped me and coached me on how to fix my credit.  Now I'm on my way to financial peace! I couldnt have done it without Southeast!  Thanks

A Good Credit Union

I have had a very positive experience banking with Southeast Financial! I banked with another credit union before switching to Southeast Financial, and that credit union was not nearly as good. I really like SFCU.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Southeast Financial Credit Union had $13.39 million in non-current loans and owned real-estate with $43.67 million in equity and loan loss allowances on hand to cover it. This gives Southeast Financial Credit Union a Texas Ratio of 30.65% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Southeast Financial Credit Union decreased slightly from 40.74% as of March 31, 2013 to 30.65% as of March 31, 2014, resulting in a positive change of 24.76%.This indicates that the balance sheet and financial strength for Southeast Financial Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Southeast Financial Credit Union has decreased its total deposits by -$27.58 million, resulting in -6.21% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Southeast Financial Credit Union has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Southeast Financial Credit Union has $458.58 million in assets with $43.67 million in equity, resulting in a capitalization level of 9.52%, which is above average.

Institution Statistics

NCUA #68599
Year Chartered1936
Primary Regulator
Assets and Liabilities
Assets$458.58 million
Loans$307.65 million
Deposits$416.77 million
Equity Capital$36.05 million
Loan Loss Allowance$7.62 million
Unbacked Noncurrent Loans$5.26 million
Real Estate Owned$8.13 million
Historic Data - March 2013
Assets$484.89 million
Equity Capital$34.62 million
Loan Loss Allowance$11.61 million
Unbacked Noncurrent Loans$5.26 million
Real Estate Owned$1.04 million
Profit Margin - Quarterly
Return on Assets0.09%
Return on Equity1.11%
Interest Income$5.05 million

Always verify rates and promotions with the bank or credit union. We are not Southeast Financial Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Southeast Financial Credit Union Savings Account Rates

0.10%--IRA Accumulation Account
0.10%--Roth IRA Accumulation Account
0.10%--CESA Accumulation Account
0.05%--Regular Share
0.05%--Christmas Club
0.05%--Health Checking Account
0.05%--Membership Share

Southeast Financial Credit Union Money Market Rates

0.25%$75k-Money Market Accounts

Southeast Financial Credit Union Checking Account Rates

0.05%--Interest Checking

Southeast Financial Credit Union CD Rates

1.00%$500-5 Year CD
0.80%$500-4 Year CD
0.70%$500-3 Year CD
0.50%$500-2 Year CD
0.50%$500-30 Month CD
0.45%$500-18 Month CD
0.40%$500-1 Year CD
0.25%$500-6 Month CD
0.10%$500-90 Day CD
0.10%$100-DreamBuilder 6 Month Certificate

Southeast Financial Credit Union IRA Rates

1.00%$500-5 Year IRA
0.80%$500-4 Year IRA
0.70%$500-3 Year IRA
0.50%$500-2 Year IRA
0.50%$500-30 Month IRA
0.45%$500-18 Month IRA
0.40%$500-1 Year IRA
0.25%$500-6 Month IRA
0.10%$500-90 Day IRA
0.10%$100-DreamBuilder 6 Month IRA Certificate

Southeast Financial Credit Union has 15 locations. Click to view all Southeast Financial Credit Union locations.