2.5 star ratingAverage User Rating:
2.5 star rating based on 3 reviews.

Southeast Financial Federal Credit Union

Southeast Financial Federal Credit Union Locations
444 James Robertson Pkwy., Suite 100 P.O. Box 331788
Nashville, TN 37203
(800) 521-9653
www.southeastfinancial.com

Southeast Financial Federal Credit Union is headquartered in FRANKLIN and is the 9th largest credit union in the state of Tennessee. It is also the 452nd largest credit union in the nation. It was established in 1936 and as of September of 2011, it had grown to 155 employees and 64,223 members. Southeast Financial Federal Credit Union has a 4-star health rating.

Related Posts

Competitive CD Rates Continue at Southeast Financial Credit Union - Easy Membership - 7/5/2009

Update 7/26/09: Rates have fallen but they remain competitive. Please check the credit union's website for the latest rates.Southeast Financial Federal Credit Union continues to have very competitive rates on its short-term and mid-term certificates and...

3.25% CD for Terms of 1 Year to 2 Years at Southeast Financial FCU - Easy Membership - 1/30/2009

Update: The CD rates are down, but they're still very competitive. Please see the credit union's website for the latest rates.Southeast Financial Federal Credit Union has some competitive certificate rates. These include a 3.25% APY for terms of 12...

4.75% 30-Month / 4.50% 12-Month CD at Southeast Financial FCU - Easy Membership. - 2/19/2008

Update 2/26/08: The CD rates have fallen. Please check the credit union's website for the latest rates.Southeast Financial Federal Credit Union has some competitive certificate rates. These include a 4.50% APY 12-month CD, a 4.60% APY 24-month CD, a...



Report an Issue
See Rates for: Checking | Savings | Money Market | CD | IRA

Southeast Financial Federal Credit Union Checking Account Rates

ApyMinMaxProduct
0.10%--Interest Checking
0.05%--Health Checking Account

Southeast Financial Federal Credit Union Savings Account Rates

ApyMinMaxProduct
0.30%--IRA Accumulation Account
0.30%--Roth IRA Accumulation Account
0.30%--CESA Accumulation Account
0.10%--Regular Share
0.10%--Christmas Club
0.10%--Membership Share

Southeast Financial Federal Credit Union Money Market Rates

ApyMinMaxProduct
0.50%$75k-Money Market Accounts

Southeast Financial Federal Credit Union CD Rates

ApyMinMaxProduct
1.50%$500-5 Year CD
1.30%$500-4 Year CD
1.20%$500-3 Year CD
1.10%$500-30 Month CD
1.00%$500-2 Year CD
0.90%$500-18 Month CD
0.75%$500-1 Year CD
0.50%$500-6 Month CD
0.40%$500-90 Day CD
0.40%$100-DreamBuilder 6 Month Certificate

Southeast Financial Federal Credit Union IRA Rates

ApyMinMaxProduct
1.50%$500-5 Year IRA
1.50%$500-5 Year Roth IRA
1.50%$500-5 Year CESA
1.30%$500-4 Year IRA
1.30%$500-4 Year Roth IRA
1.30%$500-4 Year CESA
1.20%$500-3 Year IRA
1.20%$500-3 Year Roth IRA
1.20%$500-3 Year CESA
1.10%$500-30 Month IRA
1.10%$500-30 Month Roth IRA
1.10%$500-30 Month CESA
1.00%$500-2 Year IRA
1.00%$500-2 Year Roth IRA
1.00%$500-2 Year CESA
0.90%$500-18 Month IRA
0.90%$500-18 Month Roth IRA
0.90%$500-18 Month CESA
0.75%$500-1 Year IRA
0.75%$500-1 Year Roth IRA
0.75%$500-1 Year CESA
0.50%$500-6 Month IRA
0.50%$500-6 Month Roth IRA
0.50%$500-6 Month CESA
0.40%$500-90 Day IRA
0.40%$100-DreamBuilder 6 Month IRA Certificate
0.40%$500-90 Day Roth IRA
0.40%$100-DreamBuilder 6 Month Roth IRA Certificate
0.40%$500-90 Day CESA
0.40%$100-DreamBuilder 6 Month CESA Certificate

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


SOUTHEAST FINANCIAL
NCUA #68599
BankRate ReportView
Year Established1936
Employees155
Primary Regulator

Assets and Liabilities

Assets$432.69 million
Loans$321.67 million
Deposits$390.27 million
Equity Capital$37.11 million
Loan Loss Allowance$5.94 million
Unbacked Noncurrent Loans$8.41 million
Real Estate Owned$2.74 million

Historic Data - September 2010

Assets$405.45 million
Equity Capital$35.29 million
Loan Loss Allowance$4.70 million
Unbacked Noncurrent Loans$6.33 million
Real Estate Owned$3.50 million

Profit Margin - Quarterly

Net Interest Margin4.61%
Return on Assets-0.04%
Return on Equity-0.41%
Interest Income$18.73 million
Non-Interest Income$3.75 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Southeast Financial Federal Credit Union had $11.15 million in non-current loans and owned real-estate with $43.05 million in equity and loan loss allowances on hand to cover it. This gives Southeast Financial Federal Credit Union a Texas Ratio of 25.90% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Southeast Financial Federal Credit Union held steady from 24.59% as of September 30, 2010 to 25.90% as of September 30, 2011, resulting in a negative change of 5.35%. This indicates that the balance sheet and financial strength for Southeast Financial Federal Credit Union has held steady in recent periods.
Deposit Growth5
In the past year, Southeast Financial Federal Credit Union has increased its total deposits by $24.54 million, resulting in 6.71% 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 Federal Credit Union has shown is excellent.
Capitalization3
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 Federal Credit Union has $432.69 million in assets with $43.05 million in equity, resulting in a capitalization level of 9.95%, which is average.
Write Review

Best Service EVER!!
5 stars - MandyOwens - Saturday, October 29, 2011 - 9:42 PM

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

2

False Reports To Credit Bureaus
1 stars - NikkiO - Sunday, September 25, 2011 - 10:09 PM

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.

2

Very Unprofessional!
1 stars - epeifer - Wednesday, May 25, 2011 - 2:46 PM

Do not do business with this institution. 

1
 
Featured Savings Account
Nationwide Savings Accounts