New South Credit Union deposits are insured by the National Credit Union Administration (NCUA) through the National Credit Union Share Insurance Fund (NCUSIF) up to $250,000, protecting members’ accounts like the FDIC insures bank deposits.
New South offers a variety of ways to access your accounts and stay on top of your finances! You can manage all of your accounts – 24 hours a day, 7 days a week through Online Banking, Mobile Banking, and Text Banking. You can quickly, conveniently and securely: Get Balances, View History, Make Transfers, Make Payments, and much more - anytime, anywhere.
New South Credit Union, like all financial institutions, is required to follow regulations set forth by the Federal Reserve Bank. Regulation D governs the amount of reserves that a financial institution must set aside based on deposit accounts.
New South Credit Union was founded in 1952 to serve Southern Railway employees and later expanded to serve residents, workers, and students in Knox, Grainger, and Union counties, as well as employees of local companies.
