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iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
 Southern Coastal Federal Credit Union Rates & Review April 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated: April 6, 2026
Southern Coastal Federal Credit Union's savings rates are at 0.25%. Southern Coastal Federal Credit Union's Personal Loan Rates are at 10.95%. MonitorBankRates evaluates the financial stability of Southern Coastal Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 5.01%. Rates were last updated on 04/06/2026. Southern Coastal Federal 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 Southern Coastal Federal Credit Union? Share your experience about Southern Coastal Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Southern Coastal Federal Credit Union. Southern Coastal Federal Credit Union
Main Office 677 Dr Martin Luther King Jr Blvd
https://www.socofcu.org BILOXI, MS 39530 3838 
Southern Coastal Federal Credit Union Savings Rates
Southern Coastal Federal Credit Union Personal Loan Rates
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for Southern Coastal Federal 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 Southern Coastal Federal 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 Southern Coastal Federal Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
Southern Coastal Federal Credit Union
Website
https://www.socofcu.org
Address
677 Dr Martin Luther King Jr Blvd,
BILOXI, MS 39530 3838
Phone
228-432-0284
Fax
228-435-6364
President
Harold Windom
CEO
Alison Crawford
Full-Time Employees
6
Part-Time Employees
0
Branch Locations
1
ATM Locations
2
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (97/100)
Texas Ratio
5.01%
Return on Assets (ROA)
0.4113%
Return on Equity (ROE)
2.2791%
Non-Performing Loans Ratio (NPL)
1.34%
Total Assets
13,688,077
Total Amount of Shares and Deposits
11,117,666
Total Shares and Deposits < 1 Year
10,357,380
Total Shares and Deposits 1 3 Years
706,075
Total Shares and Deposits > 3 Years
54,211
Total Insured Shares and Deposits > $250K (item 17 less item K)
11,117,666
Total Interest Expense (Sum of items 6 8)
109,941
Share Certificates
133
Number of Accounts for Share Drafts
865
IRA KEOGH Accounts
41
Number of Accounts for Regular Shares
1,858
All other shares
3
Net Income (unless the amount is already included in Undivided Earnings)
56,293
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
1,817,482
Total Liabilities
11,218,119
Source: NCUA — Last Updated 09/30/2025
Frequently Asked Questions About Southern Coastal Federal Credit UnionIs Southern Coastal Federal Credit Union a safe place to deposit money?Yes, Southern Coastal Federal Credit Union is considered a safe financial institution. With a Texas Ratio of 5.007008216334%, 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 Southern Coastal Federal Credit Union operate?Southern Coastal Federal 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 Southern Coastal Federal Credit Union?Yes, to access services at Southern Coastal Federal 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, Southern Coastal Federal 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, Southern Coastal Federal Credit Union provides members with tools to manage their accounts and build a solid financial history. Does Southern Coastal Federal Credit Union offer online and mobile banking?Most modern institutions like Southern Coastal Federal 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.socofcu.org. Current Southern Coastal Federal Credit Union Rates
Retrieved from our database of financial products. Rates subject to change.
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