P.O. BOX 27
Jackson, MI 49204

Notable Rates APY Vs.Others
Savings 0.15% 2.25% →
1-Year CD 1.00% 2.25% →
2-Year CD 1.11% 2.50% →
5-Year CD 1.51% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

South Central is an NCUA insured institution located in Jackson, MI. It was founded in 1954 and has approximately $80.36 millions in assets.

NCUA Insured Yes
Charter Number # # 62143
Date Established 1954
Assets $80.36 million
Loans $37.58 million
Deposits $69.75 million
Capital $10.08 million

Field of Membership Restrictions

Membership is open to anyone who donates $5 to the American Cancer Society. Membership is also open to employees and retirees of the state of Michigan who live in Branch, Calhoun, Hillsdale, Lewanee, Jackson, or Washtenaw Counties and to employees of 20 area employee groups.

Deposit Rates - December 13, 2019

Your Current Location: Washington, WA 98101

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.91% $2,500 $9,999 Learn MoreShow Less
Money Market
1.07% $10,000 $24,999 Learn MoreShow Less
Money Market
1.22% $25,000 - Learn MoreShow Less
Fixed IRA
1.00% $1 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.20% $500 - Learn MoreShow Less
6 Mo CD
0.50% $500 - Learn MoreShow Less
12 Mo CD
1.00% $500 - Learn MoreShow Less
24 Mo CD
1.11% $500 - Learn MoreShow Less
36 Mo CD
1.21% $500 - Learn MoreShow Less
48 Mo CD
1.36% $500 - Learn MoreShow Less
60 Mo CD
1.51% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
1.00% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1 - Learn MoreShow Less

Loan Rates - December 13, 2019

Your Current Location: Washington, WA 98101

There are currently no loan rates available for SOUTH CENTRAL

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
Hart West Financial Inc.
NMLS ID: 116830
3.281% 3.250% 0.38 $980 $1,089 Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
NMLS ID: 2890
License#: 520-CL-25944
3.625% 3.625% -0.13 ($222) $1,141 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

To upload and update your bank's rates please register. It is free to register and add rates.


Below are South Central branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

South Central Locations

Financial Details

South Central Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of South Central. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
South Central U.S. Average
5.70% 5.86

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2019, South Central had $574,189 in non-current loans and $20,687 in owned assets. To cover these potential losses it had $10,078,623 in net worth and $363,015 in loans loss reserves. That gives it a Texas Ratio of 5.70%.

Net Worth
South Central U.S. Average
12.54% 13.65%

South Central FCU has a net worth of 12.54% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About South Central

Branches and Savings

What is South Central?

A federal credit union, registered with the NCUA under certificate #62143.
Learn more about credit unions here.

Is South Central FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join South Central?

Please see Field of Membership information above for information on who is eligible to join.

What are South Central's share account and share certificate rates?

South Central's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is South Central?

South Central has total capital of $10.08 million. Full information on South Central's financial position is located above.

Who owns South Central?

Credit Unions are owned by their members.

Where are South Central branches located?

See branch locations nearby.

Are South Central ATMs Open 24/7?

Do South Central ATMs accept cash deposits?

Can South Central customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does South Central have a mobile app?

Does South Central have mobile deposit?

Does South Central have quick pay?

How can South Central transfer money to other banks or credit unions?

Does South Central report to credit bureaus?

Does South Central use Chexsystems?

Does South Central use Equifax?

What is South Central's toll free phone number?

What is South Central's ACH Routing Number?

What is South Central's SWIFT code?

Where can I find South Central's wire transfer form?

What is the South Central address for deposits?

What Products Does South Central Offer

Does South Central offer mortgages?

Compare mortgage rates here.

Does South Central offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does South Central offer auto and RV loans?

Compare auto loan rates here.

Does South Central offer student loans or personal loans?

Compare personal loan rates here.

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