SOUTHPOINT FINANCIAL Credit Union Profile

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SOUTHPOINT FINANCIAL

Charter #68667 | NCUA Region 3 | FISCU

Low-Income Designation: No

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (877) 794-6712

Fax: (507) 794-5540

Founding Date: N/A

Website: http://www.southpointfinancial.com

Personnel & Operations

President: Seifert, Adam

Manager: Gostonczik, Jay

FT Employees: 100

PT Employees: 9

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 8

Hours: 8:00AM TO 5:00PM MONDAY THROUGH FRIDAY

Credit Union Profile Summary

SOUTHPOINT FINANCIAL is a FISCU Credit Union. With a total of 33,475 members ^[1], this institution manages approximately $584,514,361 in total assets ^[1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 10.86% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 10.35% ^[1].

Financial Snapshot

Total Assets ^[1]

$584,514,361

Total economic resources.

Total Loans ^[1]

$439,929,102

Total value of outstanding loans.

Total Deposits ^[1]

$482,277,103

Total funds deposited by members.

Members ^[1]

33,475

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

10.86%

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]

0.52%

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

Loan-to-Share Ratio ^[1]

91.22%

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

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 9.49%

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

Loan Growth (4Q) ^[1]

↑ 10.35%

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

Member Growth (4Q) ^[1]

↑ 6.35%

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

Headquarters Location & Map

Headquarters Address

924 MAIN ST E

SLEEPY EYE, MN, 56085-4380

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 8 branches reported by SOUTHPOINT FINANCIAL (Charter #68667).

Main Office

Sleepy Eye Administrative Office Main Office

Type: Corporate Office

924 Main St E

Sleepy Eye, MN 56085-4380

Phone: (877) 794-6712

Services: None specified

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Additional Branches

Hutchinson

Type: Branch Office

1250 Highway 15 S

Hutchinson, MN 55350

Phone: (877) 794-6712

Services: Member Services, ATM, Drive-Thru

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New Ulm

Type: Branch Office

706 N German St

New Ulm, MN 56073-1102

Phone: (507) 233-5600

Services: Member Services, ATM, Drive-Thru

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North Mankato

Type: Branch Office

1800 Commerce Dr Ste A

North Mankato, MN 56003

Phone: (877) 794-6712

Services: Member Services, ATM, Drive-Thru

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Saint Peter

St. Peter

Type: Branch Office

105 S 3rd St Ste 100

Saint Peter, MN 56082

Phone: (507) 794-6712

Services: Member Services, ATM

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Sleepy Eye

Type: Branch Office

920 Main St E

Sleepy Eye, MN 56085-4380

Phone: (507) 794-6712

Services: Member Services, ATM, Drive-Thru

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Springfield

Type: Branch Office

975 Central St

Springfield, MN 56087-1133

Phone: (507) 723-9000

Services: Member Services, ATM, Drive-Thru

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Waconia

Type: Branch Office

502 Cherry Dr

Waconia, MN 55387-4578

Phone: (877) 794-6712

Services: Member Services, ATM, Drive-Thru

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