As a not-for-profit financial cooperative, "Not for Profit, Not for Charity, But for Service", members invest their money in the credit union and in turn that money is reinvested in you in the form of high deposit rates and low loan rates. View your account balances and review your transactions in the palm of your hand, any time, any place.
Transfer from savings to checking, make loan payments, or set up recurring payments into a club account. Enroll in SFCU's free Bill Pay service, and you can pay bills, transfer money to individuals, and receive e-bills for added convenience.
Transfer from savings to checking, make loan payments, or set up recurring payments into a club account. Enroll in SFCU's free Bill Pay service, and you can pay bills, transfer money to individuals, and receive e-bills for added convenience.
Services
Southern Federal Credit Union was founded in 1954 to serve the employees of Southern Production Company and the offshore company which became Transocean, Inc. From our humble beginnings, we have grown into a multi-million-dollar financial institution providing loans and so much more.
As a not-for-profit financial cooperative, "Not for Profit, Not for Charity, But for Service", members deposit their money with the credit union and in turn that money is loaned to other members.Our modern full-service credit union offers online banking, mobile banking, IRAs, online bill pay, e-statements, and many other services.
As a not-for-profit financial cooperative, "Not for Profit, Not for Charity, But for Service", members deposit their money with the credit union and in turn that money is loaned to other members.Our modern full-service credit union offers online banking, mobile banking, IRAs, online bill pay, e-statements, and many other services.
Southern Federal Credit Union is a full-service financial institution offering our members a variety of low-fee or no-fee products and services. As a not-for-profit financial cooperative, "Not for Profit, Not for Charity, But for Service", members deposit their money with the credit union and in turn that money is loaned to other members.
Southern Federal Credit Union is determined to make your money work for you. Once you've reviewed our Checking features and benefits - you'll agree that our members have the advantage! Low or No Opening Deposit - No deposit is necessary when opening your account by signing up for Direct Deposit or a $250 Payroll Deduction.
We know the value and importance of learning how to save now while planning for the future. Children can open a savings account and learn good savings habits early; after all, they are the leaders of tomorrow. So, why not start now? Parents, Grandparents or Guardians can open a Student savings. We hope to make saving fun and exciting for the whole family!
A Traditional IRA is a perfect investment vehicle for retirement, and is primarily used for individual savings. Your contributions are made up to a specified limit per year and in most cases, funds must remain on deposit until age 59+. Plus, the funds you contribute are usually tax deductible. Likewise, your earnings on the IRA account are not taxed until you begin withdrawals.
Reviews (4)
TexanEpoxy Systems
Jan 16, 2020
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This bank is a joke. I worked for Transocean for 10yrs and these people will not remove 1 late payment from my report. I explained i am trying to purchase a home and like everyone knows this WILL effect you in that process. There is absolutely now customer loyalty. They do not care about you as a customer.
Karl
Oct 27, 2018
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Lindsey Heinrich
Sep 26, 2017
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I can't imagine anyone giving Southern Federal less than five stars. They are absolutely the best and have worked with us through good times and especially the bad. Honestly, I don't know what we'd do without them. We are a WMBE business and I know for a fact they don't do any racial profiling. That comment couldn't be farther from the truth.
Kc Kilpatrick
Jul 14, 2016
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These people are evil & crooked, if you are a minority or anyone that non-white they will stop at nothing to prey on you and then lie into your face. And that's even when you uncover the truth and inform them that you figured things out and things didn't add up.......just know that you're doing business with this bank at your own risk!!!!!
