Southern Teachers & Parents Federal Credit Union is pleased to offer the following products to our members:


Checking Accounts


Regular Shares/Savings
Your regular share account minimum balance is only $5.00. Dividends are earned on your regular share
account, based on simple daily balances.(minimum $100.00 balance required to earn interest).  Dividends are paid and posted quarterly.

Special Accounts
Special Accounts and Christmas Club Accounts are available and are based on the same dividend method as regular Savings Accounts.


Automobile Loans
Loans for both new and used vehicles, with no penalty For purchase of a good used vehicle. Terms vary up to 84 months. New vehicle loans are base on the amount financed, credit history and the term.

Rates vary according to length of time financed and credit history. Current rates available at any branch office or by clicking here. Loan rate is fixed when loan is obtained, based on simple interest for remaining balance.  NO prepayment penalties.

Fully Secured & Partially Secured Loans
Fully secured share loans are those where you pledge your saving account as security for the loan dollar for dollar.  Partially secured share loans are those where you pledge a portion of the loan amount against your regular savings account funds.

Certificate Secured Loans use certificates as collateral.

Boats and Recreational Vehicles - new or used amount loaned depends on cost and condition. Terms vary - call or click here for current rates.

Real Estate - improved and unimproved property - call for details.

Open-end personal loans, established as line-of-credit loans, mean you can get the funds you need when you need them, and your monthly payment is always the same - no matter what your current balance is.

Closed-end personal loans are unsecured loans for specific time periods and for specific monthly

On all loans there are NO prepayment penalties and Credit Life Insurance is available at a nominal cost.

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