SouthPoint Financial Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.85%	1-year CD	12 Month Certificate 1.40% - Synchrony Bank 12 Month CD
0.25%	Savings	Share Savings Account 1.20% - Synchrony Bank High Yield Savings
1.00%	2-year CD	24 Month Certificate 1.65% - Synchrony Bank 24 Month CD

View all SouthPoint Financial Credit Union rates »

Overview / Commentary

southpointfinancial.com

877-794-6712

920 Main St E
Sleepy Eye, MN 56085

SouthPoint Financial Credit Union is headquartered in Sleepy Eye and is the 15^th largest credit union in the state of Minnesota. It is also the 764^th largest credit union in the nation. It was established in 1936 and as of March of 2017, it had grown to 74 employees and 16,222 members at 6 locations. SouthPoint Financial Credit Union's money market rates are 59% higher than the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Brown, Blue Earth, Cottonwood, Carver, Faribault, Lyon, Kandiyohi, Le Sueur, Martin, McLeod, Meeker, Murray, Nicollet, Redwood, Renville, Sibley and Watonwan counties in Minnesota.
See current membership details

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Health

A+

Data as of Q1 2017

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Health Grade Components

Overall
NCUA #	68667
Year Chartered	1936
Employees	74
Primary Regulator

Profit Margin
Return on Assets - YTD	0.37%
Return on Equity - YTD	2.6%
Annual Interest Income	$2.6MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$309.6MM$295.5MM
Loans	Q1 2017vs Q1 2016	$233.3MM$212.3MM
Deposits	Q1 2017vs Q1 2016	$248.9MM$236.0MM
Equity Capital	Q1 2017vs Q1 2016	$44.1MM$42.7MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$741.00K$592.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$1.6MM$704.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$110.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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

SouthPoint Financial Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.53%^*	-	$5k	EzStart Savings Account
OTHER TIERS: 0.40% → $5k+
2.53%^*	-	$5k	Ez$ Savings
OTHER TIERS: 0.40% → $5k+
2.02%	-	-	Health Savings Account (HSA)
0.75%	-	-	IRA Savings Account
0.40%	-	$5k	Holiday Club Account
0.25%	-	-	Share Savings Account

SouthPoint Financial Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.70%^*	$500k^*	-	Money Market Savings Account
OTHER TIERS: 0.25% → Up to $2,500 \| 0.40% → $2,500 - $100k \| 0.45% → $100k - $250k \| 0.60% → $250k - $50k
0.25%	$1k	-	Money Market Checking Account

SouthPoint Financial Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%^*	$50k^*	-	Business Checking Account
OTHER TIERS: 0.25% → $1k - $50k

SouthPoint Financial Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.25%	$1k	-	36 Month Step Up Certificate
1.10%	$1k	-	24 Month Step Up Certificate
1.00%	$1k	-	18 Month Certificate
1.00%	$1k	-	24 Month Certificate
1.00%	$1k	-	36 Month Certificate
0.85%	$1k	-	12 Month Certificate
0.60%	$1k	-	6 Month Certificate
0.30%	$1k	-	3 Month Certificate

SouthPoint Financial Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.10%	$2,500	-	24 Month Step Up IRA
1.00%	$2,500	-	24 Month IRA

Locations

SouthPoint Financial Credit Union Locations
Branch Office	105 S 3rd St Ste 100	Saint Peter, MN 56082
Branch Office	975 Central St	Springfield, MN 56087-1133
Corporate Office	920 Main St E	Sleepy Eye, MN 56085-4380
Branch Office	706 N German St	New Ulm, MN 56073-1102
Corporate Office	924 Main St E	Sleepy Eye, MN 56085-4380
Branch Office	1800 Commerce Dr Ste A	North Mankato, MN 56003