P O Box 310
Collierville, TN 38027
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.95% →
1-Year CD 0.60% 1.01% →
2-Year CD 0.65% 0.95% →
5-Year CD 0.85% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Southern Security is an NCUA insured institution located in Collierville, TN. It was founded in 1949 and has approximately $175.1 millions in assets.

NCUA Insured Yes
Charter Number # # 5974
Date Established 1949
Assets $175.10 million
Loans $110.14 million
Deposits $157.43 million
Capital $18.23 million

Field of Membership Restrictions

Must be an employee of one of the several affiliated companies. (must call the credit union to confirm eligibility)

Deposit Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.05% $50 $4,999 Learn More
Money Market
0.10% $2,500 $24,999 Learn More
Money Market
0.20% $25,000 $49,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.30% $7,500 - Learn More
6 Mo CD
0.45% $10,000 $49,999 Learn More
6 Mo CD
0.50% $50,000 - Learn More
12 Mo CD
0.55% $10,000 $49,999 Learn More
12 Mo CD
0.60% $50,000 - Learn More
18 Mo CD
0.55% $10,000 $49,999 Learn More
18 Mo CD
0.60% $50,000 - Learn More
24 Mo CD
0.60% $10,000 $49,999 Learn More
24 Mo CD
0.65% $50,000 - Learn More
36 Mo CD
0.70% $500 - Learn More
48 Mo CD
0.75% $500 - Learn More
60 Mo CD
0.85% $500 - Learn More
Variable IRA Rates APY MIN MAX
0.10% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $750 $4,999 Learn MoreShow Less

Loan Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for SOUTHERN SECURITY

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
NMLS ID: 2890
License#: MC-3098
2.669% 2.625% 0.63 $1,450 $1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$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 Southern Security branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Southern Security Locations

Financial Details

Southern Security Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Southern Security. 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
Southern Security U.S. Average
11.23% 6.71

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 March 30, 2020, Southern Security had $1,677,879 in non-current loans and $432,921 in owned assets. To cover these potential losses it had $18,231,536 in net worth and $558,481 in loans loss reserves. That gives it a Texas Ratio of 11.23%.

Net Worth
Southern Security U.S. Average
10.41% 13.61%

Southern Security FCU has a net worth of 10.41% versus the BestCashCow average of 13.61. 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 Southern Security

Branches and Savings

What is Southern Security?

A federal credit union, registered with the NCUA under certificate #5974.
Learn more about credit unions here.

Is Southern Security 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 Southern Security?

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

What are Southern Security's share account and share certificate rates?

Southern Security'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 Southern Security?

Southern Security has total capital of $18.23 million. Full information on Southern Security's financial position is located above.

Who owns Southern Security?

Credit Unions are owned by their members.

Where are Southern Security branches located?

See branch locations nearby.

Are Southern Security ATMs Open 24/7?

Do Southern Security ATMs accept cash deposits?

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

Does Southern Security have a mobile app?

Does Southern Security have mobile deposit?

Does Southern Security have quick pay?

How can Southern Security transfer money to other banks or credit unions?

Does Southern Security report to credit bureaus?

Does Southern Security use Chexsystems?

Does Southern Security use Equifax?

What is Southern Security's toll free phone number?

What is Southern Security's ACH Routing Number?

What is Southern Security's SWIFT code?

Where can I find Southern Security's wire transfer form?

What is the Southern Security address for deposits?

What Products Does Southern Security Offer

Does Southern Security offer mortgages?

Compare mortgage rates here.

Does Southern Security offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Southern Security offer auto and RV loans?

Compare auto loan rates here.

Does Southern Security offer student loans or personal loans?

Compare personal loan rates here.

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