Overview / Commentary
508 National Ave
Chattanooga, TN 37404

Southern Credit Union is headquartered in Chattanooga and is the 89th largest credit union in the state of Tennessee. It is also the 3,270th largest credit union in the nation. It was established in 1933 and as of December of 2018, it had grown to 8 employees and 2,485 members at 2 locations. Southern Credit Union's money market rates are 14% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to employees of Norfolk Southern Corp., CARTA, Bunge, and ADM.
See current membership details


No reviews have been left for this bank yet. Be the first to review.

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 Credit Union has a low asset base.

Health Grade Components

NCUA #66980
Year Chartered1933
Primary Regulator
Profit Margin
Return on Assets - YTD0.05%
Return on Equity - YTD0.41%
Annual Interest Income$788.00K
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$21.4MM$22.0MM
LoansQ4 2018vs Q4 2017$10.3MM$9.9MM
DepositsQ4 2018vs Q4 2017$18.4MM$19.0MM
Equity CapitalQ4 2018vs Q4 2017$2.9MM$2.9MM
Loan Loss AllowanceQ4 2018vs Q4 2017$135.00K$115.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$126.00K$155.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$0
Report an Issue

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

Southern Credit Union Savings Account Rates

1.00%--IRA (Individual Retirement Account)
0.35%--Club Account
0.25%$5-Savings Account

Southern Credit Union Money Market Rates

0.50%--Insured Money Market Account

Southern Credit Union Checking Account Rates

0.20%--Checking Account

Southern Credit Union CD Rates

2.53%$500-60 Month CD
2.02%$500-36 Month CD
2.02%$500-48 Month CD
1.76%$500-30 Month CD
1.31%$500-24 Month CD
1.26%$500-18 Month CD
1.00%$500-12 Month CD
0.75%$500-6 Month CD

Southern Credit Union Locations
Branch Office508 National AveChattanooga, TN 37404
Branch Office516 Merchants DrKnoxville, TN 37912

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 [email protected] 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.