2024 Overview
General Credit Union Information
Winsouth is located in Gadsden, Al. It was founded in 1951 and has approximately $393.63 millions in assets.
Who can join?
You are eligible to join if you fall within field of membership or work for one of their Select Employee Groups.
| NCUA Insured | No |
| Charter Number # | # 97076 |
| Date Established | 1951 |
| Assets | $393.63 million |
| Loans | $272.04 million |
| Deposits | $361.13 million |
| Capital | $42.56 million |
Field of Membership Restrictions
WinSouth Credit Union is headquartered in GADSDEN and is the 18th largest credit union in the state of Alabama. It is also the 848th largest credit union in the nation. It was established in 1951 and as of September of 2016, it had grown to 97 employees and 41,375 members at 8 locations. WinSouth Credit Union's money market rates are 14% higher than the national average, and it has a B+ health rating.
Deposit Rates - April 25, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.10% | $2,500 | $4,999 |
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|
|
Money Market
|
0.25% | $2,500 | $2,999 |
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|
|
Money Market
|
0.25% | $10,000 | $14,999 |
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|
|
Money Market
|
0.25% | $25,000 | $29,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.30% | $10,000 | $14,999 |
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|
| 6 Mo CD
|
0.30% | $100,000 | $199,999 |
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|
| 12 Mo CD
|
0.45% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.45% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
0.55% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
0.55% | $100,000 | $199,999 |
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|
| 36 Mo CD
|
0.65% | $10,000 | $14,999 |
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|
| 36 Mo CD
|
0.65% | $100,000 | $199,999 |
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|
| 48 Mo CD
|
0.75% | $10,000 | $14,999 |
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|
| 48 Mo CD
|
0.75% | $100,000 | $199,999 |
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|
| 60 Mo CD
|
0.85% | $10,000 | $14,999 |
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|
| 60 Mo CD
|
0.85% | $100,000 | $199,999 |
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|
Loan Rates - April 25, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Winsouth
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
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|---|---|---|---|---|---|---|
NMLS ID: 401822 |
6.944% | 6.750% | 1.00 | $6,400 | $2,076 | Learn More |
NMLS ID: 447490 |
6.947% | 6.875% | 0.75 | $2,342 | $2,103 | Learn More |
NMLS ID: 3030 |
7.451% | 7.375% | 0.75 | $2,400 | $2,211 | Learn More |
NMLS ID: Not a Lender |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
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More Info |
Note to Winsouth
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Branches
Below are Winsouth 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:
Columbus,Ohio
Climate Policy and Initiatives
WINSOUTH is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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Financial Details
Winsouth Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Winsouth. 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
| Winsouth | U.S. Average |
|---|---|
| 12.61% | 6.97 |
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 December 31, 2023, Winsouth had $5,245,317 in non-current loans and $376,882 in owned assets. To cover these potential losses it had $42,559,256 in net worth and $2,024,564 in loans loss reserves. That gives it a Texas Ratio of 12.61%.
Net Worth
| Winsouth | U.S. Average |
|---|---|
| 10.81% | 13.62% |
Winsouth FCU has a net worth of 10.81% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Winsouth
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