Southern Credit Union
About Southern Credit Union
Southern Credit Union Location
P.O. Box 3490
Chattanooga, TN 37404
Phone: (423) 629-2578
Website: www.southerncu.com
Routing/Transit Number: Not Available
Southern Credit Union Information
Southern Credit Union of Chattanooga, TN is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 3673 members and assets of $19,712,593, as compared to the national average of $93 million dollars of assets per credit union. Southern Credit Union, first opened in 1933 and has been in operation since then. Additionally, Southern Credit Union has 9 full time employees and 0 part time employees, or 408.111111111 members per employee, compared to a national average of 376.32254.
While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Southern Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Southern Credit Union is a not-for-profit, cooperative, tax-exempt organization.
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