Southern Security Federal Credit Union


Overview / Commentary
901-452-7900
765 W Poplar Ave
Collierville, TN 38017

Southern Security Federal Credit Union is headquartered in Collierville and is the 25th largest credit union in the state of Tennessee. It is also the 1,149th largest credit union in the nation. It was established in 1949 and as of June of 2021, it had grown to 50 employees and 20,243 members at 8 locations. Southern Security Federal Credit Union has an A health rating.

Field of Membership Restrictions

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

Reviews (1)

Review of Southern Security Federal Credit Union

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.



Health

Health Grade Components

Overall
NCUA #5974
Year Chartered1949
Employees50
Primary Regulator
Profit Margin
Return on Assets - YTD0.14%
Return on Equity - YTD2.01%
Annual Interest Income$2.9MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$227.3MM$191.9MM
LoansQ2 2021vs Q2 2020$114.8MM$108.7MM
DepositsQ2 2021vs Q2 2020$211.0MM$174.7MM
Equity CapitalQ2 2021vs Q2 2020$15.2MM$15.7MM
Loan Loss AllowanceQ2 2021vs Q2 2020$711.00K$621.00K
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$120.00K$199.00K
Real Estate OwnedQ2 2021vs Q2 2020$0$0
Rates

Rates for Southern Security Federal Credit Union are currently being reviewed.

Locations


Southern Security Federal Credit Union Locations
Branch Office50 N Dunlap StMemphis, TN 38103
Branch Office1360 Sunset Dr Ste 6Grenada, MS 38901-2854
Branch Office765 W Poplar AveCollierville, TN 38017
Branch Office8058 US Highway 64Bartlett, TN 38133
Branch Office123 S Front StMemphis, TN 38103
Branch Office3183 Poplar AveMemphis, TN 38111
Branch Office6717 Airways Blvd Ste 100Southaven, MS 38671
Branch Office2795 Kirby Whitten RdBartlett, TN 38134

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