Overview / Commentary
901-380-7400
6471 Stage Rd Ste 200
Bartlett, TN 38134-2847

First South Financial is headquartered in Bartlett and is the 8th largest credit union in the state of Tennessee. It is also the 497th largest credit union in the nation. It was established in 1957 and as of June of 2018, it had grown to 122 employees and 63,380 members at 16 locations. First South Financial's CD rates are 46% higher than the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

First South Financial Credit Union of Tennessee is open to those who live, work, attend school or worship in Shelby, Tipton, Fayette, Dyer, Madison, DeSoto, Marshall, Tate, and Tunica counties in Tennessee.
See current membership details

Related Posts

View all posts from:


A loyal customer for 7 years.

Being a loyal customer of First South Financial credit union for almost seven years, Id have to say that I have really enjoyed my experiences with them. They have convenient online banking that's easy for me to access my account and great customer service over the phone. Upon visiting one of their local branches I'm always greeted with very friendly service and every person there is always willing to assist me. Another reason I've enjoyed banking with First South Financial Credit Union is that they are always finding ways to improve their customers banking needs and since they have been so great to me I cant help but to recommend them to all my friends and family.

A Great Credit Union

Posted by: RickSY | Dec 7, 2016

I love this credit union! I have been using it for about 5 years. In that time, I have only once been charged a fee. That is when I let my checking account balance dip below $200. Checking accounts are free if you maintain a balance of $200, which is very nice. I also have a savings account there. It has several branches in my city and the suburbs and it has ATM machines for 24 hour access. It offers easy transfers between accounts. The only strange thing I found was the lack of deposit slips. If I want to make a deposit, I can either do so at the ATM or at the teller's window. I just give them the money or the check and tell them which account it should go in. I have had no issues with this credit union whatsoever. Setting up my account was easy and the tellers are very friendly. It has great reviews and has been in business for a long time.

Tanya Austin

Just had the most rude lady ever “assisting” me with my account. I was totally insulted. She should NOT be working customer service. Not to mention I feel that this credit union has robbed me of $144!
After reading their Facebook reviews, I see that this is a systemic issue and common practice.
I will be changing my direct deposit IMMEDIATELY! MIlitary... don’t waste your time or business with this establishment! I will definitely be informing all of my junior troops troops that are newly reporting to this area. Beware. Seek a different banking establishment.

Stay Away From This Bank

Stay away from this bank. My money was taken out from my account without my permission and they refused to refund my money back Customer service was not even helpful...

VIEW MORE REVIEWS

Health
A+

Health Grade Components

Overall
NCUA #68084
Year Chartered1957
Employees122
Primary Regulator
Profit Margin
Return on Assets - YTD1.99%
Return on Equity - YTD6.99%
Annual Interest Income$7.7MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$571.1MM$548.5MM
LoansQ2 2018vs Q2 2017$340.5MM$348.7MM
DepositsQ2 2018vs Q2 2017$393.2MM$385.3MM
Equity CapitalQ2 2018vs Q2 2017$162.8MM$151.4MM
Loan Loss AllowanceQ2 2018vs Q2 2017$13.7MM$12.3MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$538.00K$517.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$56.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not First South Financial; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First South Financial Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$20k*-Prime Savings
OTHER TIERS: 0.10% $200 - $3k | 0.15% $3k - $20k
0.10%*$20k*-Health Savings Account
OTHER TIERS: 0.05% $200 - $3k | 0.07% $3k - $20k
0.07%--Vacation Savings Club
0.07%--Christmas Club
0.05%$1k-Savings Plus

First South Financial Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%*$100k*-Money Market Account
OTHER TIERS: 0.10% Up to $2.5k | 0.30% $2.5k - $15k | 0.35% $15k - $25k | 0.40% $25k - $50k | 0.45% $50k - $100k

First South Financial Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$1k-Interest Checking

First South Financial CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.65%$5k-16 Month CD Special w/ New FS Checking (New Money Only)
2.52%*$200k*-60 Month CD
OTHER TIERS: 1.61% $1k - $10k | 2.32% $10k - $50k | 2.42% $50k - $200k
2.45%$5k-16 Month CD Special w/out Checking (New Money Only)
2.02%*$200k*-48 Month CD
OTHER TIERS: 1.10% $1k - $10k | 1.81% $10k - $50k | 1.91% $50k - $200k
1.71%*$200k*-36 Month CD
OTHER TIERS: 0.95% $1k - $10k | 1.51% $10k - $50k | 1.61% $50k - $200k
1.56%*$200k*-30 Month CD
OTHER TIERS: 0.80% $1k - $10k | 1.36% $10k - $50k | 1.46% $50k - $200k
1.51%*$200k*-24 Month CD
OTHER TIERS: 0.75% $1k - $10k | 1.31% $10k - $50k | 1.41% $50k - $200k
1.31%*$200k*-12 Month CD
OTHER TIERS: 0.65% $1k - $10k | 1.10% $10k - $50k | 1.21% $50k - $200k
1.31%*$200k*-18 Month CD
OTHER TIERS: 0.65% $1k - $10k | 1.10% $10k - $50k | 1.21% $50k - $200k
1.20%*$200k*-6 Month CD
OTHER TIERS: 0.55% $1k - $10k | 1.00% $10k - $50k | 1.10% $50k - $200k
0.65%*$200k*-3 Month CD
OTHER TIERS: 0.35% $1k - $10k | 0.45% $10k - $50k | 0.55% $50k - $200k
0.20%$100$1k6 Month Build-it CD
0.10%$100$1k3 Month Build-it CD

First South Financial IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.65%$5k-16 Month IRA Special w/ New FS Checking (New Money Only)
2.52%*$200k*-60 Month IRA
OTHER TIERS: 1.61% $1k - $10k | 2.32% $10k - $50k | 2.42% $50k - $200k
2.45%$5k-16 Month IRA Special w/out Checking (New Money Only)
2.02%*$200k*-48 Month IRA
OTHER TIERS: 1.10% $1k - $10k | 1.81% $10k - $50k | 1.91% $50k - $200k
1.71%*$200k*-36 Month IRA
OTHER TIERS: 0.95% $1k - $10k | 1.51% $10k - $50k | 1.61% $50k - $200k
1.56%*$200k*-30 Month IRA
OTHER TIERS: 0.80% $1k - $10k | 1.36% $10k - $50k | 1.46% $50k - $200k
1.51%*$200k*-24 Month IRA
OTHER TIERS: 0.75% $1k - $10k | 1.31% $10k - $50k | 1.41% $50k - $200k
1.31%*$200k*-12 Month IRA
OTHER TIERS: 0.65% $1k - $10k | 1.10% $10k - $50k | 1.21% $50k - $200k
1.31%*$200k*-18 Month IRA
OTHER TIERS: 0.65% $1k - $10k | 1.10% $10k - $50k | 1.21% $50k - $200k
1.20%*$200k*-6 Month IRA
OTHER TIERS: 0.55% $1k - $10k | 1.00% $10k - $50k | 1.10% $50k - $200k
0.65%*$200k*-3 Month IRA
OTHER TIERS: 0.35% $1k - $10k | 0.45% $10k - $50k | 0.55% $50k - $200k
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.