Southern Coastal Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
2.17%	5-year CD	60 Month CD 2.40% - Goldman Sachs Bank USA 5 Year CD
1.00%	1-year CD	12 Month CD 1.50% - Goldman Sachs Bank USA 12 Month CD
0.60%	Savings	Share Savings Account 1.35% - CIT Bank Premier High Yield Savings

View all Southern Coastal Federal Credit Union rates »

Overview / Commentary

www.coastalcu.net

228-432-0284

1042 Howard Ave
Biloxi, MS 39530-3773

Southern Coastal Federal Credit Union is headquartered in Biloxi and is the 44^th largest credit union in the state of Mississippi. It is also the 4,280^th largest credit union in the nation. It was established in 1973 and as of March of 2017, it had grown to 4 employees and 1,350 members at 2 locations. Southern Coastal Federal Credit Union's savings rates are 15% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership in Southern Coastal Credit Union is open to employees and retirees of Biloxi Housing Authority, City of Biloxi, City of D'Iberville, Harrison County, Gulf Oaks Hospital, Merit Health Biloxi and affiliated physicians offices, Harrison County Library System, Gulf Coast Surgery Center, Swetman Security Services, or Gaming employees including support staff.
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Health

B

Data as of Q1 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Southern Coastal Federal Credit Union has a very low asset base.

Health Grade Components

Overall
Year Established	1973
Employees	4
Primary Regulator

Profit Margin
Return on Assets - YTD	1.08%
Return on Equity - YTD	5.88%
Annual Interest Income	$128.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$9.6MM$8.8MM
Loans	Q1 2017vs Q1 2016	$7.2MM$6.9MM
Deposits	Q1 2017vs Q1 2016	$7.8MM$7.2MM
Equity Capital	Q1 2017vs Q1 2016	$1.8MM$1.6MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$11.00K$16.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$79.00K$26.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

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

Southern Coastal Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	-	-	Christmas Club
0.75%	-	-	IRA Savings
0.75%	-	-	Roth IRA Savings
0.60%^*	$5k^*	-	Share Savings Account
OTHER TIERS: 0.35% → Up to $2,500 \| 0.50% → $2,500 - $5k

Southern Coastal Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.17%	$500	-	60 Month CD
1.76%	$500	-	48 Month CD
1.51%	$500	-	36 Month CD
1.31%	$500	-	24 Month CD
1.16%	$500	-	18 Month CD
1.00%	$500	-	12 Month CD
0.55%	$500	-	6 Month CD
0.45%	$500	-	3 Month CD

Southern Coastal Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.17%	$1k	-	60 Month IRA
1.76%	$1k	-	48 Month IRA
1.51%	$1k	-	36 Month IRA
1.31%	$1k	-	24 Month IRA
1.16%	$1k	-	18 Month IRA
1.00%	$1k	-	12 Month IRA
0.55%	$1k	-	6 Month IRA
0.45%	$1k	-	3 Month IRA

Locations

Southern Coastal Federal Credit Union Locations
Branch Office	10383 Auto Mall Pkwy	DIberville, MS 39540-3750
Corporate Office	1042 Howard Ave	Biloxi, MS 39530-3773