Since its inception in 1944 the Southland Credit Union has been serving its members in and around the Downey, California area with exceptional financial products.
Currently led by Ferris R Foster, the Southland CU has grown its membership to over 40,679 with assets of more than $455,964,962. They have 72 full time employees and 4 part time employees with a main office and 4 branch offices.
The Southland Credit Union offers its members a full service website that allows for true "Banking From Home" functionality. Users have the ability to apply for loans, get account balance and history reports, transfer money between accounts, make bill payments, and so much more.
Members can also take advantage of a full array of loans including real estate, business and new and used car loans.
There are also many types of credit cards available. Scroll down the page to see our full report for Southland CU including charts to show their 10 year performance for growth, membership, total assets and number of branches. We also show their rates for certain loans and interest rates for certain savings certificates taken from their quarterly reports required by the NCUA (National Credit Union Association).
Southland Credit Union is registered as a State Chartered type Credit Union. This means that even though they are state chartered they are still federally insured up to $250,000 per account by the National Credit Union Share Insurance Fund (NCUSIF) which is administered by the National Credit Union Association (NCUA). Most are community based and easy to join. Please see the credit unions website or contact them at 562-862-6831 to get exact details .
There are many other credit unions with branch office locations in the nearby area. Click here to see all Credit Unions in Downey, CA.
Charter Number |
68415 |
CEO/President |
Ferris R Foster |
Address |
P. O. Box 7022 |
City |
Downey |
State |
California |
Zip-Code |
90241-7022 |
Phone |
562-862-6831 |
Website |
http://www.southlandcu.org |
Members |
40,679 |
Full-Time Employees |
72 |
Part-Time Employees |
4 |
Number of Branch Offices |
4 |
Year Opened |
1944 |
| Delores Arriola | Board Member |
| William de la Garza | Board Member |
| Walter Finnigan | Chairperson |
| Ferris Foster | Manager or CEO |
| James Gregg | Board Member |
| Robert Hale | Board Member |
| G. David Mills | Board Secretary, Board Treasurer |
| George Stobaugh | Vice Chairperson |
| Southland Credit Union Loan Rates | |||||||
|---|---|---|---|---|---|---|---|
| Credit Union Name | Unsecured Credit Card | Other Unsecured Loans | New Vehicle | Used Vehicle | 1st Mortgage | Other Real Estate | Other Loans |
Southland Credit Union |
9.99% | 12.49% | 6.24% | 6.49% | 5.13% | 6.50% | 3.75% |
California Averages |
11.19% | 11.97% | 5.89% | 6.70% | 5.52% | 5.66% | 6.51% |
USA Averages |
10.93% | 11.83% | 5.82% | 6.90% | 5.81% | 5.92% | 7.03% |
| Southland Credit Union Deposit Rates | ||||||
|---|---|---|---|---|---|---|
| Credit Union Name | Checking | Regular Savings | Money Market | Certificates of Deposits | IRA/KEOGH | All Other Savings Rate |
Southland Credit Union |
1.16% | 0.25% | 0.72% | 0.90% | 1.23% | 0.25% |
California Averages |
0.29% | 0.43% | 0.69% | 1.30% | 1.26% | 0.64% |
USA Averages |
0.36% | 0.63% | 0.87% | 1.63% | 1.60% | 0.68% |
| Routing No. | Rev. Date | Address | City | State | Zip Code | Phone |
|---|---|---|---|---|---|---|
322078325 |
05-01-2009 | P.o. Box 7022 | Downey | California | 90241-7022 | 562-936-8750 |
| (The above data was last updated by the Federal Reserve, the central bank of the USA, on 07/30/2010) | ||||||
The Southland CU Routing Number above is used for the electronic transfer of funds. Some credit unions have more than one routing number. Some are used for internal fund transfers and others may be assigned for shareholder usage. Please make sure that the number you use matches the routing number on your Southland CU check. If in doubt use the Southland Credit Union phone number above to call and verify that you're using the correct routing number.