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New South Credit Union

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New South Credit Union Rates & Review April 2026

Q: How many branches does New South Credit Union operate?

New South Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is a member application needed to join New South Credit Union?

Yes, to access services at New South Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Is there a first-time homebuyer program?

Currently, New South Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, New South Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: April 26, 2026

You can compare New South Credit Union rates to other rates in our database, including 12-month share certificate rates currently at 3.79%, 6-month share certificate rates at 3.17% and 3-month share certificate rates at 0.05%. Savings rates are at 0.20% and money market rates are at 1.46%. Mortgage rates on 30-year fixed loans are around 5.78%. All these rates can be compared to New South Credit Union rates. MonitorBankRates evaluates the financial stability of New South Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.30%. Rates were last updated on 04/26/2026.

New South Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at New South Credit Union? Share your experience about New South Credit Union by leaving a review below, or read customer reviews before you decide to use New South Credit Union.

Overall Health & Safety Grade

A+

Exceptional Health Score: 100/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

0.30%

Excellent Lower than avg

New South Credit Union
Main Office

3261 N Mall Rd
Knoxville, TN 37924

https://www.newsouthcu.com

Current Rate Availability

We do not have New South Credit Union rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for New South Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather New South Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with New South Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name New South Credit Union

Website https://www.newsouthcu.com

Address 3261 N Mall Rd, Knoxville, TN 37924

Phone 865-523-0757

Fax

President Mack Mull

CEO Richard Schulz

Full-Time Employees 20

Part-Time Employees 3

Branch Locations 3

ATM Locations 3

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (100/100)

Texas Ratio

0.30%

Return on Assets (ROA)

1.1928%

Return on Equity (ROE)

7.8278%

Non-Performing Loans Ratio (NPL)

0.11%

Total Assets

84,148,867

Total Amount of Shares and Deposits

70,764,995

Total Shares and Deposits < 1 Year

67,424,436

Total Shares and Deposits 1 3 Years

2,975,837

Total Shares and Deposits > 3 Years

364,722

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

5,826,517

Total Uninsured Shares and Deposits > $250K (F+J)

5,826,517

Total Insured Shares and Deposits > $250K (item 17 less item K)

64,938,478

Total Interest Expense (Sum of items 6 8)

605,135

Share Certificates

375

Number of Accounts for Share Drafts

3,576

IRA KEOGH Accounts

Number of Accounts for Regular Shares

7,463

All other shares

369

Money Market Shares

117

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

5,098,686

Total Liabilities

71,454,918

Source: NCUA — Last Updated 09/30/2025

Customer Reviews

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Average Rating

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Total Reviews

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Frequently Asked Questions About New South Credit Union

Is New South Credit Union a safe place to deposit money?

Yes, New South Credit Union is considered a safe financial institution. With a Texas Ratio of 0.29761004209682%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category.

How many branches does New South Credit Union operate?

New South Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join New South Credit Union?

Yes, to access services at New South Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, New South Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, New South Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does New South Credit Union offer online and mobile banking?

Most modern institutions like New South Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.newsouthcu.com.