Who We Are
Southern Federal Credit Union was founded in 1954 to serve the employees of Southern Production Company and the offshore company which became Transocean, Inc. From our humble beginnings, we have grown into a multi-million-dollar financial institution providing loans and so much more.
As a not-for-profit financial cooperative, “Not for Profit, Not for Charity, But for Service”, members deposit their money with the credit union and in turn that money is loaned to other members. Our modern full-service credit union offers online banking, mobile banking, IRAs, online bill pay, e-statements, and many other services.
Not only does the credit union serve the financial needs of Transocean employees, our services are available to their family members and retirees.
If you're looking for a financial institution that treats you like family, come home to Southern FCU, we are looking out for Your Best Interest!
Southern Federal Credit Union is a financial cooperative committed to providing the highest quality low-cost financial services to its members. We will assist our members with financial needs by educating and counseling in the responsible use of credit and sound money management.
We will emphasize the formation and maintenance of relationships that place the highest priority on the members' needs. We will utilize an approach that places a high priority on personal service. At the same time, the Credit Union will work within a structure that assures the maintenance of its members' funds in a safe and sound position.
The Credit Union will provide support, encourage growth, and develop awareness of the credit union movement by educating and promoting youth involvement.
We will be active in the communities we serve. We will support and be involved in efforts to improve the quality of life throughout our service area.