Southeastern Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.48% | 5-year CD | 3.10% - Barclays 60 Month Online CD |
| 1.77% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 0.45% | Savings | 2.20% - Barclays Online Savings Account |
Southeastern Federal Credit Union is headquartered in Valdosta and is the 15th largest credit union in the state of Georgia. It is also the 925th largest credit union in the nation. It was established in 1953 and as of December of 2018, it had grown to 90 employees and 26,683 members at 7 locations. Southeastern Federal Credit Union's CD rates are 97% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to those who live in Turner, Ben Hill, Irwin, Tift, Berrien, Cook, Lanier, Brooks, Lowndes and Echols Counties in Georgia.
See current membership details
Southeastern Federal Credit Union
Southeastern Federal Credit Union is one of the best credit unions I have done business with. I have been with them for several years and I'm very satisfied with the credit union, how they handle my checking and savings accounts and how friendly and knowledgeable their employees are. The atmosphere is friendly and welcoming.
Anytime I need assistance I am able to speak to a "live" person quickly. They have always been able to help with whatever the issue has been and rectified the issue in short order. I am very pleased with the online banking. It is very easy to use; easy to see my deposits and my transactions and also very easy to transfer funds.
I would recommend Southeastern to anyone looking for a credit union.
So So Bank
SEFCU is a so so bank. Have had an account with them 23 years. Up until a few years ago only Federal Employees could bank there, mostly were military. Now anyone within the state can open an account. They have grown, opened several branches and even built a new Main Bank. They have a hugh employee turn over, you never see the same staff working. There are a few upper level employees that have been around for a while. Not a friendly bank, you don't get that home town feel when you walk in.
They put a 10 day hold on the all checks deposit. I have a couple of other accounts with other banks in the area. I once made a deposit with check funds from one of my other bank accounts and they put a 10 hold on that check! They also posted an automatic draft to my account that was not mine. I could see that maybe a banking staff member might have posted the draft by mistake; but they did not want to fix the problem over the phone they wanted me to come down to the bank and fill out a form. I did get them to email me the form and allow me to fax it in. The form put the blame on everyone but them, that I was certifiying that it was a fraudulent transaction that either someone was using my banking information (stolen) or the merchant was scamming me. It was a small transaction and it was cleared up by the bank within 5 working days.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68673 |
| Year Chartered | 1953 |
| Employees | 90 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.66% |
| Return on Equity - YTD | 6.61% |
| Annual Interest Income | $9.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $243.6MM$240.8MM |
| Loans | Q4 2018vs Q4 2017 | $184.0MM$165.8MM |
| Deposits | Q4 2018vs Q4 2017 | $217.2MM$214.3MM |
| Equity Capital | Q4 2018vs Q4 2017 | $24.4MM$23.2MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $1.6MM$1.6MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $187.00K$475.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Southeastern Federal 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.
Southeastern Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.60%* | $10k* | - | Health Savings Account | ||
| OTHER TIERS: 0.45% → $100 - $10k | |||||
| 0.45% | $100 | - | IRA | ||
| 0.45% | $100 | - | Share Savings | ||
| 0.45% | $100 | - | Business Savings | ||
| 0.35% | $100 | - | Club Account | ||
Southeastern Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.80%* | $40k* | - | Performance Money Market | ||
| OTHER TIERS: 0.65% → $10k - $40k | |||||
| 0.55%* | $10k* | - | Smart Choice Money Market | ||
| OTHER TIERS: 0.45% → $2.5k - $10k | |||||
Southeastern Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.45% | $2.5k | - | Checking | |
| 0.45% | $100 | - | Business Checking |
Southeastern Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.58% | $500 | - | 37 Month CD Special | |
| 2.48% | $500 | - | 5 Year CD | |
| 2.43% | $500 | - | 4 Year CD | |
| 2.43% | $500 | - | 25 Month CD Special | |
| 2.02% | $500 | - | 3 Year CD | |
| 1.91% | $500 | - | 2 Year CD | |
| 1.81% | $500 | - | 18 Month CD | |
| 1.77% | $500 | - | 1 Year CD | |
| 1.10% | $500 | - | 6 Month CD | |
| 0.90% | $500 | - | 3 Month CD |
| Southeastern Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 3669 Inner Perimeter Rd | Valdosta, GA 31602-1048 |
| Branch Office | 2212 Tift Ave N | Tifton, GA 31794 |
| Branch Office | 1514 Baytree Rd | Valdosta, GA 31602 |
| Branch Office | 3501 N Valdosta Rd | Valdosta, GA 31602-1068 |
| Branch Office | 3205 Mitchell Blvd | Moody AFB, GA 31699 |
| Branch Office | 902 S Davis St | Nashville, GA 31639 |
| Branch Office | 1912 Memorial Dr Ste F | Waycross, GA 31501-0989 |