Southern Lakes Credit Union is headquartered in Kenosha and is the 47th largest credit union in the state of Wisconsin. It is also the 1,714th largest credit union in the nation. It was established in 1935 and as of June of 2019, it had grown to 20 employees and 10,353 members at 3 locations. Southern Lakes Credit Union's CD rates are 12% higher than the national average, and it 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
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.
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 66707 |
| Year Chartered | 1935 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.5% |
| Return on Equity - YTD | 5.97% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $91.5MM$89.7MM |
| Loans | Q2 2019vs Q2 2018 | $61.0MM$60.7MM |
| Deposits | Q2 2019vs Q2 2018 | $83.2MM$81.3MM |
| Equity Capital | Q2 2019vs Q2 2018 | $7.5MM$7.0MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $239.00K$241.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $300.00K$197.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
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
Southern Lakes Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.30%* | $50k* | - | Money Market | ||
| OTHER TIERS: 0.15% → Up to $10k | 0.20% → $10k - $25k | 0.25% → $25k - $50k | |||||
Southern Lakes Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.01% | $500 | - | 60 Month CD | |
| 1.76% | $500 | - | 48 Month CD | |
| 1.66% | $500 | - | 36 Month CD | |
| 1.51% | $500 | - | 24 Month CD | |
| 1.01% | $500 | - | 12 Month CD | |
| 1.00% | $500 | - | 18 Month CD | |
| 0.55% | $500 | - | 6 Month CD |
Southern Lakes Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.01% | $500 | - | 60 Month IRA | |
| 1.76% | $500 | - | 48 Month IRA | |
| 1.66% | $500 | - | 36 Month IRA | |
| 1.51% | $500 | - | 24 Month IRA | |
| 1.01% | $500 | - | 12 Month IRA | |
| 1.00% | $500 | - | 18 Month IRA |
| Southern Lakes Credit Union Locations | ||
|---|---|---|
| Branch Office | 5001 60th St | Kenosha, WI 53144 |
| Branch Office | 17 N Washington St | Elkhorn, WI 53121 |
| Branch Office | 3000 80th St | Kenosha, WI 53142 |