The Southern Credit Union

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 3 out of 5

PO Box 1509, Fayetteville, GA 30214

Website

(800) 338-5882

Data Source: NCUA, December 31, 2016


The Southern Credit Union was founded in 1963. Headquartered in Fayetteville, Georgia, The Southern Credit Union is a state chartered and federally insured credit union, being chartered in Georgia and insured through the National Credit Union Share Insurance Fund (NCUSIF). The Southern 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, The Southern Credit Union services 32,512 members through its 11 offices and branches and 83 full-time employees. It has $363,991,347 of total assets and $37,862,982 of net worth. Based on its asset size and net worth ratio, The Southern Credit Union is classified as a Well Capitalized medium large credit union.

The Southern 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. The Southern Credit Union also provides an array of services to its members and local communities. The Southern 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 The Southern 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 Georgia and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Georgia
Median of USA
Checking
0.0500
0.0000
0.0000
Savings
0.1000
0.2000
0.1200
Money Market
0.2000
0.3000
0.2500
Certificate Deplit
0.3500
0.5350
0.5800
IRA
0.3000
0.4150
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Georgia
National Median Rates
Credit Cards
8.7500
9.9900
9.9900
Unsecured Line of Credits
10.0000
12.0000
10.9500
Short-term Small Amount
n/a
19.2300
25.0000
Student Loans
n/a
6.5000
6.0200
New Car Loans
2.7500
4.0000
3.3300
Used Car Loans
3.0000
5.4800
4.5000
1st Mortgage Real Estates
3.5000
5.0000
4.2500
Other Real Estates
5.5000
5.1000
4.7000

The Southern 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 The Southern Credit Union.

Electronic Banking Service Offerings

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

As a community financial institution, The Southern Credit Union actively involves in local communities by prliding services such as financial education, financial literacy workshops.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
No
Insurance/Investment Sales
No
First Time Homebuyer Program
No
Fayetteville
Main Office

430 Lanier Ave E
Fayetteville, GA 30214
Phone:800-338-5882

Griffin
1610 Georgia Highway 16 W
Griffin, GA 30223
Phone:800-338-5882

Hampton
299 Woolsey Rd
Hampton, GA 30228
Phone:800-338-5882

Jonesboro
1099 Battlecreek Rd
Jonesboro, GA 30236
Phone:770-719-1111

Kia
7777 Kia Pkwy
West Point, GA 31833-4897
Phone:770-719-1111

Lagrange
117 Bull St
Lagrange, GA 30240
Phone:770-719-1111

Mt Zion
2236 Mount Zion Rd
Jonesboro, GA 30236-2528
Phone:770-719-1111

Newnan
232 Bullsboro Dr
Newnan, GA 30263
Phone:800-338-5882

Peachtree City
1400 Commerce Dr N
Peachtree City, GA 30269
Phone:770-719-1111

Regional Office
1701 Columbia Ave Ste 135
College Park, GA 30337
Phone:800-338-5882

(770) 460-3240

No Review

  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

Related Listings