Southern Federal Credit Union

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A short history of Southern FCU

Since its inception in 1954 the Southern Federal Credit Union has been serving its members in the Houston, Texas 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 Jeanne Walker, the Southern FCU has grown its membership to over 4,289 with assets of more than $92,227,230. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (713) 232-7774 or email them at info@southernfederalcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Houston, TX.

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

Charter Number 9214
Address P.O. Box 2765 
City Houston 
State Texas 
Zip-Code 77252
Phone Number (713) 232-7774
Fax Number (713) 232-7122
Email Address: info@southernfederalcu.org
CEO/President Jeanne Walker
Members 4,289 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 92,227,230 
Website http://www.southernfederalcu.org 

Compare Southern Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
People's Trust CU Shell Woodcreek 150 N Dairy Ashford Rd Ste E-0170 77079 (713) 428-3200 No 0.33
Harris County CU Main Office 1400 Franklin St 77002 (713) 755-5160 No 0.46
Houston Police CU Willowbrook Branch 17314 State Highway 249 Ste 107 77007 (281) 469-9657 No 0.66
Kbr Heritage CU KBR HERITAGE FCU 601 JEFFERSON ST # KT-02 77210 (713) 753-3022 No 0.91
St. Stephen's CU St. Stephens FCU 1215 James St 77009 (713) 862-8945 No 1.17

Southern Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Southern Federal 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 10.50 5.25 6.25 N/A 7.90
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 297 424 468 N/A 472
Rank Among All Texas Credit Unions 63 158 163 N/A 124

Southern Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.50 1.00 N/A 1.17 1.00
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 69 36 N/A 139 158
Rank Among All Texas Credit Unions 14 10 N/A 41 31
Southern Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.5001,1131,763,269
All Other Unsecured Loans/Lines of Credit 11.5007537,159,377
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.25056715,540,559
Used Vehicle Loans 6.25088418,416,282
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 7.90012268,763
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.75051910,235,956
TOTAL LOANS & LEASES 3,84853,384,206

Southern Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 0000
    b. 15 Years or less 0000
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 11263,86400
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 14,89900
TOTALS 12268,76300

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

Southern Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans No
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 No
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes