New South Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.50% | 5-year CD | 3.10% - Barclays 60 Month Online CD |
| 1.00% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 0.15% | Savings | 0.27% - National Average |
New South Credit Union is headquartered in Knoxville and is the 50th largest credit union in the state of Tennessee. It is also the 2,201st largest credit union in the nation. It was established in 1952 and as of December of 2018, it had grown to 21 employees and 6,273 members at 4 locations. New South Credit Union's CD rates are 11% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in Knox, Grainger, or Union Counties in Tennessee.
See current membership details
NSCU provides personal service
My wife has a phobia of going into banks, not sure why but it terrifies her. NSCU offers remote deposit and a very good web portal to do online banking so she rarely needs to actually go to the bank in person. However some things do require a trip there. The bank vice president is aware of her phobia and is willing to go well above and beyond what anyone could expect of him. He will arrange for her to meet him there at a time when the bank is closed so there is no one else around, then he will meet her in the parking lot and walk her into the bank. I have never known of any other bank to offer service like this.
Recommend
My spouses company had moved us to a new city and we were looking for a local bank. I had no experience with credit unions but several of his co workers told him about New South Credit Union. We went in to check out what they offered and if they could meet our needs. They offered a checking and savings account that would work for our needs. The online banking attached to each account was free to use. The credit union and everyone who worked there are always nice, kind, and friendly. They took the time to get to know us and were on a first name basis with us and the children in our family. The president of the credit union is located at the main office and will come out and socialize with everyone. They always had a customer appreciation day were they fed their members and gave away prizes. In a big city this gave us a feeling of belonging and mattering.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60645 |
| Year Chartered | 1952 |
| Employees | 21 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.64% |
| Return on Equity - YTD | 3.96% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $56.5MM$55.0MM |
| Loans | Q4 2018vs Q4 2017 | $30.6MM$30.6MM |
| Deposits | Q4 2018vs Q4 2017 | $46.7MM$45.5MM |
| Equity Capital | Q4 2018vs Q4 2017 | $9.2MM$8.9MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $94.00K$114.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $0$15.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not New South Credit Union; 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.
New South Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00% | - | $3k | Christmas Club | ||
| 0.75%* | $25k* | - | IRA Share | ||
| OTHER TIERS: 0.50% → Up to $25k | |||||
| 0.50% | - | $3k | Vacation Club | ||
| 0.15% | - | - | Primary Savings | ||
New South Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.40%* | $25k* | - | Money Market | ||
| OTHER TIERS: 0.20% → $2.5k - $25k | |||||
New South Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | - | - | TOTALLY FREE Checking |
New South Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.50% | $250 | - | 60 Month CD | |
| 2.25% | $250 | - | 48 Month CD | |
| 2.00% | $250 | - | 3 Year CD | |
| 1.85% | $250 | - | 3 Year - Rate Climber CD | |
| 1.50% | $250 | - | 2 Year CD | |
| 1.35% | $250 | - | 2 Year - Rate Climber CD | |
| 1.00% | $250 | - | 12 Month CD | |
| 0.50% | $250 | - | 6 Month CD |
New South Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.00% | $1k | - | 36 Month IRA | |
| 1.50% | $1k | - | 24 Month IRA | |
| 1.00% | $1k | - | 12 Month IRA |
| New South Credit Union Locations | ||
|---|---|---|
| Branch Office | 4587 Maynardville Hwy | Maynardville, TN 37807 |
| Branch Office | 7701 Rutledge Pike | Rutledge, TN 37861 |
| Branch Office | 3261 N Mall Rd | Knoxville, TN 37924 |
| Branch Office | 2332 News Sentinel Dr | Knoxville, TN 37921-5766 |