Southern Federal Credit Union
LOCATIONS
1
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HEALTH RATING
B+
View health report
CURRENT TOP RATE
1.25% APY
Share Savings
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Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.25% | Savings | |
| 0.50% | Checking | 1.01% - nbkc bank Personal Account |
| 0.50% | Checking | 1.01% - nbkc bank Personal Account |
Overview / Commentary
Southern Federal Credit Union is headquartered in Houston and is the 134th largest credit union in the state of Texas. It is also the 1,708th largest credit union in the nation. It was established in 1954 and as of September of 2018, it had grown to 9 employees and 4,174 members at 1 location. Southern Federal Credit Union's savings rates are 2X the national average, and it has a B+ health rating.
Health
B+
Data as of Q3 2018
Learn why bank health mattersAdditional 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 Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 9214 |
| Year Chartered | 1954 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.69% |
| Return on Equity - YTD | 5.36% |
| Annual Interest Income | $3.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $90.3MM$92.7MM |
| Loans | Q3 2018vs Q3 2017 | $53.7MM$53.4MM |
| Deposits | Q3 2018vs Q3 2017 | $59.9MM$64.1MM |
| Equity Capital | Q3 2018vs Q3 2017 | $28.9MM$27.4MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $1.6MM$1.6MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $1.2MM$1.2MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $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.
Southern Federal Credit Union Savings Account Rates
Southern Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | $250 | - | Advantage Checking | |
| 0.50% | $250 | - | Elite Checking | |
| 0.50% | $250 | - | Prime Checking |
Locations
| Southern Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 4 Greenway Plz Ste C-816 | Houston, TX 77046-0400 |