Charter 5974 · Collierville, TN
Southern Security Federal Credit Union
Southern Security Federal Credit Union is a federally chartered credit union in Collierville, Tennessee, with $252 million in assets and 18,754 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 10.11%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $252 million
- +2.3% in a year
- Members
- 18,754
- -1.8% in a year
- Net worth ratio
- 10.11%
- Peer median 11.65%
- Loans 60+ days late
- 1.72%
- Peer median 0.70%
- Loans outstanding
- $182 million
- +6.6% in a year
- Shares and deposits
- $226 million
- +2.0% in a year
- Branches
- 7
- 63 employees
- Opened
- 1949
- Federal charter
How Southern Security Federal Credit Union compares
NCUA groups credit unions by size; Southern Security Federal Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 10.11% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 1.72%, is higher than the group median of 0.70%. Loans grew 6.6% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 27 of 125 credit unions headquartered in Tennessee. See all Tennessee credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $252 million | 18,754 | $182 million | 10.11% | 1.72% |
| Q1 2026 | $249 million | 18,650 | $181 million | 10.25% | 1.42% |
| Q4 2025 | $245 million | 18,803 | $179 million | 10.30% | 1.48% |
| Q3 2025 | $247 million | 18,945 | $180 million | 10.07% | 1.56% |
| Q2 2025 | $246 million | 19,102 | $171 million | 9.94% | 1.84% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 1.2 million potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 7 sites for Southern Security Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Poplar Ave- East Memphis
3183 Poplar Ave, Memphis, TN 38111 - Auto Zone
123 S Front St, Memphis, TN 38103 - Bartlett
8058 Us Highway 64, Bartlett, TN 38133 - Collierville (main office)
819 Southern Home Rd, Collierville, TN 38017 - Grenada
1360 Sunset Dr Ste 4, Grenada, MS 38901 - Southaven
6717 Airways Blvd Ste 100, Southaven, MS 38671 - Robinwood
2795 Kirby Whitten Rd, Bartlett, TN 38134
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology