Southern Federal Credit Union
Overview / Commentary
Southern Federal Credit Union is headquartered in Houston and is the 131st largest credit union in the state of Texas. It is also the 1,678th largest credit union in the nation. It was established in 1954 and as of March of 2018, it had grown to 9 employees and 4,234 members at 1 location. Southern Federal Credit Union has a B+ health rating.
Health
B+
Data as of Q1 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 | 1.6% |
| Return on Equity - YTD | 5.27% |
| Annual Interest Income | $969.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $93.7MM$93.7MM |
| Loans | Q1 2018vs Q1 2017 | $53.4MM$53.4MM |
| Deposits | Q1 2018vs Q1 2017 | $64.3MM$65.8MM |
| Equity Capital | Q1 2018vs Q1 2017 | $28.1MM$26.7MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $1.6MM$1.5MM |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $887.00K$1.5MM |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Rates
Rates for Southern Federal Credit Union are currently being reviewed.
Locations
| Southern Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 4 Greenway Plz Ste C-816 | Houston, TX 77046-0400 |