Credit union · NCUA insured
South Shop Federal Credit Union
A $11.3M credit union headquartered in Alsip, IL, with 1,302 members and 1 branch in Illinois.
South Shop Federal Credit Union Carrot Score
62
Carrot Score
Higher than 5% of U.S. banks and credit unions
#115 of 124 in Chicago, IL-IN metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About South Shop Federal Credit Union
South Shop Federal Credit Union, formerly known as C.T.A.S.S.&U, was founded in 1938.
- Headquarters
- 3737 W 127th St, Alsip, IL 60803
- NCUA charter
- 2682
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of G.C. America are eligible for membership.
- Employees of Guardian Security are eligible for membership.
Military, government and schools
- Employees of the Chicago Transit Authority are eligible for membership.
Branches
1 branch in Illinois
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Illinois
1 branch
- South Shop FcuMain office3737 W 127th St, Alsip, IL 60803Directions
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 | 22.42% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 1.42% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.90% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $51 | $59 | — |
- CapitalNet worth ratio22.42%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late1.42%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.90%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$51Peers’ 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 Shop Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.