Featured Savings Rates
Featured Accounts

Southern Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.00%SavingsShare Savings
0.50%CheckingAdvantage Checking
0.50%CheckingElite Checking

Overview / Commentary
713-232-7774
4 Greenway Plz Ste C-816
Houston, TX 77046-0400

Southern Federal Credit Union is headquartered in Houston and is the 127th largest credit union in the state of Texas. It is also the 1,649th largest credit union in the nation. It was established in 1954 and as of September of 2016, it had grown to 9 employees and 4,348 members at 1 location. Southern Federal Credit Union's savings rates are 92% higher than the national average, and it has a B+ health rating.

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Health
B+
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 Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #9214
Year Chartered1954
Employees9
Primary Regulator
Profit Margin
Return on Assets - YTD1.28%
Return on Equity - YTD4.6%
Annual Interest Income$3.2MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$92.7MM$90.3MM
LoansQ3 2016vs Q3 2015$54.9MM$64.3MM
DepositsQ3 2016vs Q3 2015$65.4MM$64.9MM
Equity CapitalQ3 2016vs Q3 2015$25.9MM$24.4MM
Loan Loss AllowanceQ3 2016vs Q3 2015$1.5MM$950.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$1.8MM$1.2MM
Real Estate OwnedQ3 2016vs Q3 2015$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 Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$25k*-Share Savings
OTHER TIERS: 0.50% $100 - $10k | 0.75% $10k - $25k
1.00%*$25k*-Christmas Club
OTHER TIERS: 0.50% $100 - $10k | 0.75% $10k - $25k
1.00%$500-IRA

Southern Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$250-Advantage Checking
0.50%$250-Elite Checking
0.50%$250-Prime Checking
Locations


Southern Federal Credit Union Locations
Branch Office4 Greenway Plz Ste C-816Houston, TX 77046-0400