Southland Credit Union

Rated star_ratedstar_ratedstar_ratedstar_rated_halfstar_normal by Credit Guide
Review based on 12 criteria Rating: 3.5 out of 5

P. O. Box 3003, Los Alamitos, CA 90720-1303

Website

(562) 862-6831

Data Source: NCUA, December 31, 2016


Southland Credit Union was founded in 1944. Headquartered in Los Alamitos, California, Southland Credit Union is a state chartered and federally insured credit union, being chartered in California and insured through the National Credit Union Share Insurance Fund (NCUSIF). Southland Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Southland Credit Union services 48,258 members through its 8 offices and branches and 106 full-time and 10 part-time employees. It has $618,079,593 of total assets and $66,320,839 of net worth. Based on its asset size and net worth ratio, Southland Credit Union is classified as a Well Capitalized large credit union.

Southland Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Southland Credit Union also provides an array of services to its members and local communities. Southland Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Southland Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in California and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of California
Median of USA
Checking
0.0500
0.0000
0.0000
Savings
0.1000
0.1000
0.1200
Money Market
0.3500
0.1900
0.2500
Certificate Deplit
0.6000
0.5500
0.5800
IRA
0.6000
0.4500
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of California
National Median Rates
Credit Cards
9.4900
10.0400
9.9900
Unsecured Line of Credits
9.2400
10.9900
10.9500
Short-term Small Amount
n/a
28.0000
25.0000
Student Loans
n/a
5.7500
6.0200
New Car Loans
2.9900
3.0000
3.3300
Used Car Loans
3.2400
3.7400
4.5000
1st Mortgage Real Estates
4.1300
4.0300
4.2500
Other Real Estates
5.0000
4.7400
4.7000

Southland Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Southland Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
Yes
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
Yes
Yes
View Account History
Yes
Yes

.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
No
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
No
Insurance/Investment Sales
Yes
First Time Homebuyer Program
No
Downey Branch
8545 Florence Ave
Downey, CA 90240-4014
Phone:562-862-6831

Garden Grove Branch
12860 Euclid St
Garden Grove, CA 92840-5213
Phone:562-862-6831

Los Alamitos Branch
Main Office

10701 Los Alamitos Blvd
Los Alamitos, CA 90720
Phone:562-862-6831

Los Angeles-federal Bldg
300 N Los Angeles St Ste 2044 Federal Bldg.
Los Angeles, CA 90012-3335
Phone:562-862-6831

Santa Monica Branch
525 Santa Monica Blvd
Santa Monica, CA 90401-3608
Phone:800-426-1917

Spring St. Branch
200 S Spring St
Los Angeles, CA 90012
Phone:562-862-6831

St. John Branch
2020 Santa Monica Blvd Ste 300d
Santa Monica, CA 90404-2141
Phone:310-315-0320

Tustin Branch
17541 17th St
Tustin, CA 92780-1934
Phone:877-877-2177

(866) 602-5980

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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