Charter 68667 · Sleepy Eye, MN
Southpoint Financial Credit Union
Southpoint Financial Credit Union is a state-chartered credit union in Sleepy Eye, Minnesota, with $609 million in assets and 34,823 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 11.17%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $609 million
- +4.2% in a year
- Members
- 34,823
- +4.0% in a year
- Net worth ratio
- 11.17%
- Peer median 10.79%
- Loans 60+ days late
- 0.17%
- Peer median 0.67%
- Loans outstanding
- $465 million
- +5.8% in a year
- Shares and deposits
- $536 million
- +11.2% in a year
- Branches
- 8
- 111 employees
- Opened
- 1936
- Minnesota charter
How Southpoint Financial Credit Union compares
NCUA groups credit unions by size; Southpoint Financial Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 11.17% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.17%, is lower than the group median of 0.67%. Loans grew 5.8% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 11 of 80 credit unions headquartered in Minnesota. See all Minnesota credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $609 million | 34,823 | $465 million | 11.17% | 0.17% |
| Q1 2026 | $620 million | 34,392 | $455 million | 10.81% | 0.15% |
| Q4 2025 | $610 million | 33,925 | $451 million | 10.77% | 0.45% |
| Q3 2025 | $583 million | 33,811 | $447 million | 11.11% | 0.41% |
| Q2 2025 | $585 million | 33,475 | $440 million | 10.86% | 0.09% |
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 1.8 million potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 9 sites for Southpoint Financial Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Sleepy Eye
920 Main St E, Sleepy Eye, MN 56085 - New Ulm
706 N German St, New Ulm, MN 56073 - Springfield
975 Central St, Springfield, MN 56087 - Sleepy Eye Administrative Office (main office)
924 Main St E, Sleepy Eye, MN 56085 - St. Peter
105 S 3Rd St Ste 100, Saint Peter, MN 56082 - North Mankato
1800 Commerce Dr Ste A, North Mankato, MN 56003 - Hutchinson
1250 Highway 15 S, Hutchinson, MN 55350 - Waconia
502 Cherry Dr, Waconia, MN 55387 - Buffalo
715 Crossroads Campus Dr Ne, Buffalo, MN 55313
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