SOUTH CENTRAL Credit Union Profile

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SOUTH CENTRAL

Charter #62143 | NCUA Region 1 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (517) 787-2220

Fax: (517) 787-7082

Founding Date: N/A

Website: https://www.southcentralcu.org

Personnel & Operations

President: Landau, Judith

Manager: Samon, Eric

FT Employees: 19

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: 9:00 A.M. TO 5:00 P.M. MONDAY THRU FRIDAY I

Credit Union Profile Summary

SOUTH CENTRAL is a FISCU Credit Union. With a total of 6,730 members [1], this institution manages approximately $85,461,398 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 14.06% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -9.70% [1].

Financial Snapshot

Total Assets [1]
$85,461,398

Total economic resources.

Total Loans [1]
$37,888,203

Total value of outstanding loans.

Total Deposits [1]
$72,766,157

Total funds deposited by members.

Members [1]
6,730

Number of active members.

Performance Ratios

Net Worth Ratio [1]
14.06%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.29%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
52.07%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
1.65%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-9.70%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-6.63%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

958 W MONROE ST

JACKSON, MI, 49202-2036

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by SOUTH CENTRAL (Charter #62143).

Main Office

South Central Credit Union Main Office

Type: Corporate Office

958 W Monroe St

Jackson, MI 49202-2036

Phone: (517) 787-2220

Services: Member Services, ATM, Drive-Thru

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