First South Financial Credit Union

A short history of First South Financial CU

Since its inception in 1957 the First South Financial Credit Union has been serving its members in the BARTLETT, Tennessee area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by W. Craig Esrael, the First South Financial CU has grown its membership to over 59,938 with assets of more than $548,541,669. They have a main office and 15 branch offices. Please see the credit unions website or contact them by phone at (901) 380-7400 or email them at mail@firstsouth.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BARTLETT, TN.

General Information For First South Financial CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Compare First South Financial Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
L G & W CU	LG & W FCU	1616 Whitten Rd	38134	(901) 680-7995	No	1.58
Healthnet CU	Chickering Lane	1591 Chickering Ln	38016	(901) 226-1111	No	3.96
Orion CU	Whitehaven	3155 Millbranch Rd	38116	(901) 266-2850	No	4.05
Methodist Healthcare CU	Olive Branch	4250 Bethel Rd	38168	(901) 516-5579	No	4.32
Southern Security CU	Hickory Hill	3580 Ridge Meadow Pkwy	38083	(901) 795-0443	No	5.26

First South Financial Credit Union Financial Performance Charts

Financial Data

First South Financial Credit Union Lowest Loan Rates With State and USA Rankings

	Unsecured Credit Card	New Car Loans	Used Car Loans	1st Mortgage Loans	Other Real Estate
Rate	8.34	2.27	3.05	3.61	3.52
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	111	58	98	83	57
Rank Among All Tennessee Credit Unions	6	13	10	15	5

First South Financial Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.06	0.08	0.29	0.65	0.66
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	123	134	99	234	204
Rank Among All Tennessee Credit Unions	12	19	15	25	22

First South Financial Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	8.340	5,091	14,987,977
All Other Unsecured Loans/Lines of Credit	14.950	9,164	7,756,199
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	0.000	0	0
New Vehicle Loans	2.270	2,977	91,339,360
Used Vehicle Loans	3.050	4,931	102,082,225
Total 1st Mortgage Real Estate Loans/Lines of Credit	3.610	1,297	105,271,688
Total Other Real Estate Loans/Lines of Credit	3.520	878	23,638,010
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	5.340	709	3,659,968
TOTAL LOANS & LEASES		25,047	348,735,427

First South Financial Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding

Amt of Loans Outstanding

No. of Loans Granted Year- to-Date

Amount Granted Year-To-Date

Fixed Rate
a. > 15 years	1	33,529	0	0
b. 15 Years or less	966	60,821,618	19	2,814,483
Balloon/Hybrid
a. > 15 years	218	33,229,105	24	4,467,751
b. 15 Years or less	107	11,096,608	3	1,424,000
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	5	90,828	0	0
Adjustable Rate > 1 yr	0	0	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	29	602,757	0	0
Closed-End Adjustable Rate	0	0	0	0
Open-End Adjustable Rate	849	23,035,253	85	6,993,363
Open-End Fixed Rate	0	0	0	0
TOTALS	2,175	128,909,698	131	15,699,597

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	0	0		0
Interest Only & Payment Option Other RE/LOC Loans	0	0		0
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

First South Financial Credit Union Member Offerings

First Time Homebuyer Program	Yes
Real Estate Loans	Yes
Pay Day Lending	No
Share Secured Credit Cards	Yes
Overdraft Protection/Courtesy Pay	Yes
Overdraft Lines of Credit	Yes
ATM/Debit Card Program	Yes
Interest Only and Payment Option 1st Mortgage Loans	No
Check Cashing	No
Money Orders	Yes
No Surcharge ATMs	Yes
Home Banking Via Internet Website	Yes