Strong Membership Base Southern Security Federal Credit Union has developed a broad membership base across over 500 affiliated companies, primarily in Memphis and the Mid South region, offering significant opportunities for targeted financial solutions and cross-selling banking products.
Recent Expansion Efforts The partnership with Dollar Associates, LLC, to expand its field of membership indicates an active growth strategy, suggesting potential for onboarding new members and increasing market penetration through additional products and services.
Recognition & Credibility Receiving awards as the Best Credit Union for multiple years reinforces the organization’s reputation for quality service, making it a trusted partner for financial institutions looking to collaborate or offer joint services.
Financial Strength With revenues between 50 million to 100 million dollars and a modest funding of 3.7 million, the company demonstrates solid financial stability, presenting opportunities for partnership in financial products or community-focused financial initiatives.
Technology Utilization The widespread adoption of digital tools such as Shopify, WP Engine, and various web development frameworks indicates a focus on online engagement, which can be leveraged to promote new financial products, digital banking solutions, or member engagement campaigns.