Southern Security Federal Credit Union is headquartered in Collierville and is the 26th largest credit union in the state of Tennessee. It is also the 1,142nd largest credit union in the nation. It was established in 1949 and as of December of 2021, it had grown to 56 employees and 20,193 members at 8 locations. Southern Security Federal Credit Union has an A health rating.
Membership to Southern Security Federal Credit Union is open to employees and retirees of an eligible sponser company, or have family that is a current SSFCU member. (must call the credit union to confirm eligibility)
See current membership details
I recently got a car loan through Southern Security Federal Credit Union. They were helpful and courteous and had a great rate of 1.99 % interest. With free Gap insurance and no fees this was a good deal. I could not have had a better experience.
Overall | |
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NCUA # | 5974 |
Year Chartered | 1949 |
Employees | 56 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.85% |
Return on Equity - YTD | 12.04% |
Annual Interest Income | $5.9MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $236.2MM$204.6MM |
Loans | Q4 2021vs Q4 2020 | $125.2MM$109.6MM |
Deposits | Q4 2021vs Q4 2020 | $218.5MM$187.6MM |
Equity Capital | Q4 2021vs Q4 2020 | $16.5MM$15.7MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $693.00K$698.00K |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $256.00K$166.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Southern Security Federal 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.05%* | $10k* | - | Share Draft (Checking) | ||
OTHER TIERS: 0.01% → $750 - $5k | 0.03% → $5k - $10k | |||||
0.05%* | $50k* | - | Business Share Draft (Checking) | ||
OTHER TIERS: 0.03% → $10k - $50k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.75% | $250 | - | 5 Year IRA | |
0.55% | $250 | - | 4 Year IRA | |
0.50% | $250 | - | 3 Year IRA | |
0.45% | $250 | - | 2 Year IRA | |
0.40% | $250 | - | 1 Year IRA |
Southern Security Federal Credit Union Locations | ||
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Branch Office | 50 N Dunlap St | Memphis, TN 38103 |
Branch Office | 1360 Sunset Dr Ste 6 | Grenada, MS 38901-2854 |
Branch Office | 765 W Poplar Ave | Collierville, TN 38017 |
Branch Office | 8058 US Highway 64 | Bartlett, TN 38133 |
Branch Office | 123 S Front St | Memphis, TN 38103 |
Branch Office | 3183 Poplar Ave | Memphis, TN 38111 |
Branch Office | 6717 Airways Blvd Ste 100 | Southaven, MS 38671 |
Branch Office | 2795 Kirby Whitten Rd | Bartlett, TN 38134 |