New South Credit Union

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A short history of New South CU

Since its inception in 1952 the New South Credit Union has been serving its members in the Knoxville, Tennessee area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Richard Schulz, the New South CU has grown its membership to over 6,297 with assets of more than $55,515,176. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (865) 523-0757 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Knoxville, TN.

General Information For New South CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 60645
Address 3261 N Mall Rd 
City Knoxville 
State Tennessee 
Zip-Code 37924
Phone Number (865) 523-0757
Fax Number () -
Email Address: none
CEO/President Richard Schulz
Members 6,297 
Full-Time Employees 19 
Part-Time Employees
Number of Branch Offices
Total Assets 55,515,176 

Compare New South Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Knox County Teachers CU West Branch 9212 Kingston Pike 37922 (865) 691-8139 No 7.33
Health Systems CU Health Systems Credit Union 4005 N Broadway St 37917 (865) 689-6152 No 7.39
Knoxville Teachers CU Clinton 125 Leinart St 37716 (865) 582-2705 No 7.86
Knoxville Law Enforcement CU Knoxville Law Enforcement FCU 501 E Summit Hill Dr 37915 (865) 522-3900 No 8.05
Knox Co. Employees CU City County Building 400 W Main St RM 355 37902 (865) 215-2364 No 8.62

New South Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

New South Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.90 2.79 3.99 5.79 6.01
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 332 119 202 353 342
Rank Among All Tennessee Credit Unions 28 27 25 57 32

New South Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.15 0.25 0.70 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 119 105 224 266
Rank Among All Tennessee Credit Unions 13 14 16 23 40
New South Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.900373450,593
All Other Unsecured Loans/Lines of Credit 9.2707323,334,691
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.79049510,470,744
Used Vehicle Loans 3.9906634,613,222
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.790996,895,312
Total Other Real Estate Loans/Lines of Credit 6.010651,796,383
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.3601912,551,869
TOTAL LOANS & LEASES 2,61830,112,814

New South Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 161,476,8901143,000
    b. 15 Years or less 704,253,7626417,800
    a. > 15 years 6310,23800
    b. 15 Years or less 3456,70700
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 4397,71500
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 46975,121374,100
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 19821,26200
Open-End Fixed Rate 0000
TOTALS 1648,691,69510634,900


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

New South Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes