Featured Savings Rates
Featured Accounts
Overview / Commentary
3000 80th Street
Kenosha, WI 53142

Southern Lakes Credit Union is headquartered in Kenosha and is the 49th largest credit union in the state of Wisconsin. It is also the 1,708th largest credit union in the nation. It was established in 1935 and as of June of 2016, it had grown to 18 employees and 10,335 members at 3 locations. Southern Lakes Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live or work in Racine, Kenosha, Milwaukee, Walworth, Rock, and Waukesha Counties in Wisconsin or McHenry or Laike Counties in Illinois.
See current membership details

Reviews (1)

Review for Southern Lakes Credit Union in Kenosha, WI

Southern Lakes is a great credit union. I currently have my auto loan through them and am very happy with the rate and terms that they have given me. However, their online account access and bill pay still needs significant work. Today, I have to write a check out for my auto loan. It is seriously the only bill I have that cannot be paid online. I'd really like to see some work done there. But otherwise, customer service, etc. has been great.

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 Lakes Credit Union has a relatively low asset base.

Health Grade Components

NCUA #66707
Year Chartered1935
Primary Regulator
Profit Margin
Return on Assets - YTD0.05%
Return on Equity - YTD0.62%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$87.2MM$87.8MM
LoansQ2 2016vs Q2 2015$59.7MM$58.4MM
DepositsQ2 2016vs Q2 2015$77.2MM$77.0MM
Equity CapitalQ2 2016vs Q2 2015$7.1MM$6.9MM
Loan Loss AllowanceQ2 2016vs Q2 2015$217.00K$257.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$228.00K$267.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Report an Issue

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

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

Southern Lakes Credit Union Savings Account Rates

0.25%--6 M Little Sav
0.10%*$7,500*$100kIRA Savings
OTHER TIERS: 0.05% $500 - $2k | 0.06% $2k - $5k | 0.08% $5k - $7,500
0.10%*$7,500*$100kRoth IRA Savings
OTHER TIERS: 0.05% $500 - $2k | 0.06% $2k - $5k | 0.08% $5k - $7,500
0.10%*$7,500*$100kCESA Savings
OTHER TIERS: 0.05% $500 - $2k | 0.06% $2k - $5k | 0.08% $5k - $7,500
0.05%--All Shares & JA
0.05%--Holiday Club
0.05%--MTG PMT Hold
0.05%--Health Savings Account

Southern Lakes Credit Union Money Market Rates

0.12%*$50k*-Money Market
OTHER TIERS: 0.06% Up to $10k | 0.08% $10k - $25k | 0.10% $25k - $50k

Southern Lakes Credit Union Checking Account Rates

0.05%--GBA Drafts
0.05%--Business Drafts
0.05%--Super Draft

Southern Lakes Credit Union CD Rates

1.56%$500-60 Month CD
1.20%$500-48 Month CD
0.90%$500-36 Month CD
0.55%$500-24 Month CD
0.40%$500-18 Month CD
0.35%$500-12 Month CD
0.25%$500-6 Month CD

Southern Lakes Credit Union IRA Rates

1.56%$500-60 Month IRA - Semi Annual
1.20%$500-48 Month IRA - Semi Annual
0.90%$500-36 Month IRA - Semi Annual
0.55%$500-24 Month IRA
0.35%$500-12 Month IRA

Southern Lakes Credit Union Locations
Branch Office5001 60th StKenosha, WI 53144
Branch Office17 N Washington StElkhorn, WI 53121
Branch Office3000 80th StKenosha, WI 53142