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Southpoint Financial Credit Union

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Southpoint Financial Credit Union Rates & Review June 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Southpoint Financial 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: June 25, 2026

You can compare Southpoint Financial Credit Union rates to other rates in our database, including 12-month share certificate rates currently at 0.75%, 6-month share certificate rates at 4.10% and 3-month share certificate rates at 0.20%. Savings rates are at 0.40% and money market rates are at 0.45%. Mortgage rates on 30-year fixed loans are around 5.93%. All these rates can be compared to Southpoint Financial Credit Union rates. MonitorBankRates evaluates the financial stability of Southpoint Financial Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 2.78%. Rates were last updated on 06/25/2026.

Southpoint Financial 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 Southpoint Financial Credit Union? Share your experience about Southpoint Financial Credit Union by leaving a review below, or read customer reviews before you decide to use Southpoint Financial Credit Union.

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

2.78%

Excellent Lower than avg

Southpoint Financial Credit Union
Sleepy Eye Administrative Office

924 Main St E
Sleepy Eye, MN 56085 4380

https://www.southpointfinancial.com

Current Rate Availability

We do not have Southpoint Financial 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 Southpoint Financial 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 Southpoint Financial 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 Southpoint Financial Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Southpoint Financial Credit Union

Website https://www.southpointfinancial.com

Address 924 Main St E, Sleepy Eye, MN 56085 4380

Phone 877-794-6712

Fax 507-794-5540

President Adam Seifert

CEO Jay Gostonczik

Full-Time Employees 98

Part-Time Employees 9

Branch Locations 8

ATM Locations 8

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

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (99/100)

Texas Ratio

2.78%

Return on Assets (ROA)

0.4817%

Return on Equity (ROE)

4.3353%

Non-Performing Loans Ratio (NPL)

0.41%

Total Assets

582,922,048

Total Amount of Shares and Deposits

488,638,049

Total Shares and Deposits < 1 Year

474,825,184

Total Shares and Deposits 1 3 Years

13,395,714

Total Shares and Deposits > 3 Years

417,150

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

33,436,465

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

33,436,465

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

455,201,584

Total Interest Expense (Sum of items 6 8)

8,420,473

Share Certificates

5,837

Number of Accounts for Share Drafts

18,135

IRA KEOGH Accounts

483

Number of Accounts for Regular Shares

42,360

All other shares

1,578

Money Market Shares

2,766

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

37,857,032

Total Liabilities

519,433,875

Source: NCUA — Last Updated 09/30/2025

Customer Reviews

There are no reviews for Southpoint Financial Credit Union yet. Feel free to create one below.

Looking for more bank and credit union reviews? Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.

Average Rating

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Total Reviews

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Frequently Asked Questions About Southpoint Financial Credit Union

How many branches does Southpoint Financial Credit Union operate?

Southpoint Financial 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 Southpoint Financial Credit Union?

Yes, to access services at Southpoint Financial 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, Southpoint Financial 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, Southpoint Financial Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Southpoint Financial Credit Union offer online and mobile banking?

Most modern institutions like Southpoint Financial 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.southpointfinancial.com.