Credit union · NCUA insured
SouthPoint Financial Credit Union
A $620M credit union headquartered in Sleepy Eye, MN, with 34,392 members and 8 branches in Minnesota. Best rates: CDs 9.00% and savings 0.71% APY.
SouthPoint Financial Credit Union Carrot Score
83
Carrot Score
Higher than 64% of U.S. banks and credit unions
#1 of 4 in New Ulm, MN metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About SouthPoint Financial Credit Union
SouthPoint Financial Credit Union has served members since 1936, providing financial products catering to individuals and small businesses alongside agricultural lending services.
- Headquarters
- 924 Main St E, Sleepy Eye, MN 56085-4380
- NCUA charter
- 68667
Branches
8 branches in Minnesota
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Minnesota
8 branches
New Ulm area · 3
- New Ulm706 N German St, New Ulm, MN 56073Directions
- Sleepy Eye920 Main St E, Sleepy Eye, MN 56085Directions
- Springfield975 Central St, Springfield, MN 56087Directions
Minneapolis area · 2
- Buffalo715 Crossroads Campus Dr NE, Buffalo, MN 55313Directions
- Waconia502 Cherry Dr, Waconia, MN 55387Directions
Mankato area · 2
- North Mankato1800 Commerce Dr Ste A, North Mankato, MN 56003Directions
- St. Peter105 S 3rd St Ste 100, St. Peter, MN 56082Directions
Hutchinson area · 1
- Hutchinson1250 Highway 15 S, Hutchinson, MN 55350Directions
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
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 11.17% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.17% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.77% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $87 | $76 | — |
- CapitalNet worth ratio11.17%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.17%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.77%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$87Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 SouthPoint Financial Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.