Credit union · NCUA insured
South Central Credit Union
A $84.9M credit union headquartered in Jackson, MI, with 6,814 members and 2 branches in Michigan. Best rates: CDs 2.58% and savings 0.15% APY.
South Central Credit Union Carrot Score
80
Carrot Score
Higher than 50% of U.S. banks and credit unions
#8 of 15 in Jackson, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About South Central Credit Union
South Central Credit Union was organized in 1954 as Tri-County State Employees Credit Union and changed to its current name after merging with Sparton Employees, Railroaders, and Jackson City County credit unions.
Organized to promote thrift and provide credit for provident purposes, the credit union serves a nine-county area in Michigan.
- Headquarters
- 958 W Monroe St, Jackson, MI 49202-2036
- NCUA charter
- 62143
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to anyone who lives, works, worships, or attends school in Branch, Calhoun, Eaton, Hillsdale, Ingham, Jackson, Lenawee, Livingston, or Washtenaw counties in Michigan.
Employers and groups
- Membership is open to Michigan Railroaders employees and family members.
- Membership is open to employees of South Central Credit Union.
Military, government and schools
- Membership is open to City of Jackson Michigan employees and pensioners (retirees).
- Membership is open to County of Jackson Michigan employees and pensioners (retirees).
- Membership is open to employees of the Jackson County Michigan Townships of Blackman, Leoni and Summit.
1 more way to join
Family and household
- Membership is open to any immediate family member of a current primary member related by blood or marriage, whether living or not living in the same household.
Branches
2 branches in Michigan
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Michigan
2 branches
- South Central Credit UnionMain office958 W Monroe St, Jackson, MI 49202Directions
- South St. Branch2221 E South St, Jackson, MI 49201Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 14.20% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.56% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.16% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $56 | $59 | — |
- CapitalNet worth ratio14.20%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.56%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.16%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$56Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of South Central Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.