Featured Savings Rates
Featured Accounts

South Metro Federal Credit Union

Popular Accounts at this Credit Union

2.52%5-year CD60 Month HSA CD
1.25%1-year CD12 Month HSA CD
0.20%SavingsShare Savings Account

Overview / Commentary
2573 Credit Union Dr
Prior Lake, MN 55372

South Metro Federal Credit Union is headquartered in PRIOR LAKE and is the 35th largest credit union in the state of Minnesota. It is also the 1,445th largest credit union in the nation. It was established in 1993 and as of December of 2017, it had grown to 34 employees and 3,965 members at 2 locations. South Metro Federal Credit Union's CD rates are 39% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work or have a business in Scott County, Minnesota and to employees of a qualifying organization.
See current membership details


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Health Grade Components

NCUA #24482
Year Chartered1993
Primary Regulator
Profit Margin
Return on Assets - YTD0.52%
Return on Equity - YTD5.57%
Annual Interest Income$4.7MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$118.0MM$111.9MM
LoansQ4 2017vs Q4 2016$74.6MM$64.8MM
DepositsQ4 2017vs Q4 2016$100.6MM$98.6MM
Equity CapitalQ4 2017vs Q4 2016$10.9MM$10.3MM
Loan Loss AllowanceQ4 2017vs Q4 2016$469.00K$299.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$639.00K$63.00K
Real Estate OwnedQ4 2017vs Q4 2016$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

South Metro Federal Credit Union Savings Account Rates

0.20%$100-Share Savings Account
0.20%$100-Smart Sammie's Savers Club
0.15%$100-IRA Account
0.15%$100-HSA Checking

South Metro Federal Credit Union Money Market Rates

0.45%*$100k*-Money Market Accounts
OTHER TIERS: 0.05% Up to $2,500 | 0.25% $2,500 - $25k | 0.30% $25k - $50k | 0.40% $50k - $100k

South Metro Federal Credit Union Checking Account Rates

0.15%$100-Checking Accounts

South Metro Federal Credit Union CD Rates

2.52%$1k-60 Month CD
2.52%$1k-60 Month HSA CD
2.31%$1k-48 Month CD
2.31%$1k-48 Month HSA CD
2.21%$1k-36 Month CD
2.21%$1k-36 Month HSA CD
1.90%$1k-24 Month CD
1.90%$1k-24 Month HSA CD
1.76%$5k-18 Month CD Special
1.76%$5k-18 Month HSA CD Special
1.25%$1k-12 Month CD
1.25%$1k-12 Month HSA CD
0.70%$1k-6 Month CD
0.70%$1k-6 Month HSA CD

South Metro Federal Credit Union IRA Rates

2.52%$1k-60 Month IRA
2.31%$1k-48 Month IRA
2.21%$1k-36 Month IRA
1.90%--24 Month IRA
1.76%$5k-18 Month IRA Special
1.25%--12 Month IRA
0.70%$1k-6 Month IRA

South Metro Federal Credit Union Locations
Branch Office2573 Credit Union DrPRIOR LAKE, MN 55372
Branch Office8001 Old Carriage Ct Ste AShakopee, MN 55379

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