June 2019 Business of the Month

SouthPoint Financial Credit Union Logo

1250 MN-15, Hutchinson, MN 55350
(877) 794-6712


Our June Business of the Month got their start in 1936 as St. Mary’s Parish Sleepy Eye. Their name was changed to SouthPoint Federal Credit Union in 2002 and their business expanded to three counties. Today, we know them as SouthPoint Financial Credit Union, a non-for-profit financial cooperative serving 19 counties and more than 21,000 member owners. They have branch locations in Sleepy Eye, Springfield, New Ulm, St. Peter, North Mankato, and Hutchinson, with a 7th branch opening in Waconia in late 2019/early 2020.

This Financial Center offers credit union services as well as services for two supporting divisions: SouthPoint Home Mortgage and SouthPoint Investment Services. SouthPoint provides industry leading transactional, deposit and loan services to meet the demands of today’s mobile consumers and small businesses. Among some of their services are:

  • Checking, Savings, and Money Market Accounts
  • Health Savings Accounts
  • Youth Savings Accounts
  • Certificate of Deposits
  • Auto and Home Loans
  • Credit Cards
  • Mobile Wallet and Mobile Deposit

Nearly everything that members need to do in branch can be done with one of SouthPoint’s Mobile Platforms (with the exception of withdrawing money). Their members also have access to the MoneyPass ATM network, which offers a surcharge-free ATM experience for qualified cardholders at over 32,000 convenient ATM locations across the US. Wherever their members are, SouthPoint is, too!

Ladies from SouthPoint holding an award in front of a step and repeat banner at an event SouthPoint's branch president Megan Karg handing a box of food donations to the food shelf representative SouthPoint Financial Credit Union Hutchinson Building - a stone structure with the logo on the front of the building

SouthPoint makes it their mission to always do the right thing for the right reason. They empower their members to achieve goals and chase dreams by providing them with exceptional service and guidance along the way.  SouthPoint is owned and governed by its members. Every member has an equal right to both voice their opinions and vote at their annual meeting. As a credit union, SouthPoint’s profits are distributed to members in the form of lower rates, fewer and lower fees, and higher savings rates.

SouthPoint is recognized as one of the Nation’s Healthiest Credit Unions. They are a recipient of the Crystal Performance Award from Raddon, which recognizes credit unions for achieving a top ten ranking based on a balanced scorecard measurement of growth, income, efficiency and margin management. Each year more than 500 credit unions were evaluated for this award; the winners were ranked among the top two or three percent of all credit unions analyzed by Raddon for two consecutive reporting periods. SouthPoint has also been recognized with a Credit Union National Association Diamond Award, which rewards creative excellence and outstanding results.

Above all, SouthPoint Financial Credit Union is a community-minded financial center providing the best support and services possible for their members. To learn more about SouthPoint Financial Credit Union visit www.SouthPointFinancial.com or call (877) 794-6712!


What does SouthPoint Financial Credit Union enjoy most about their Chamber Membership?

The SouthPoint team enjoys that the Chamber helps to foster the connection between our local businesses and the community.