NCUA Insured
Member-Owned
1 charter
Established in 1993
Contact this credit union directly for detailed information about membership eligibility and current rates.
Membership Eligibility
Anyone who lives, works, or worships in or around Prior Lake, MN may be eligible to join. Community credit unions are open to the general public within their service area.
Check eligibility on their website →NCUA Insured — deposits protected up to $250,000
Member-Owned — not-for-profit cooperative
1 charter
Established in 1993
Contact this credit union directly for detailed information about membership eligibility, current rates, and services.
Services Offered
This credit union is located in Prior Lake and serves members in the MN area. Currently serving 4,931 members.
Contact the credit union to confirm membership eligibility requirements for your area.
Credit union membership is based on a common bond. Contact this credit union directly to confirm you qualify for membership.
Key indicators from NCUA regulatory filings. Tap any metric to learn what it means.
Source: NCUA Federally Insured Credit Unions list, Q4 2025.
Rates sourced from NCUA call report data (Q4 2025). Contact the credit union for current rates and terms.
New Auto Loan
6.24%Used Auto Loan
7.39%Personal Loan
10.23%Credit Card APR
14.03%Important: Rates are sourced from NCUA call report filings (Q4 2025) and reflect averages reported by the credit union — not guaranteed quotes. Contact the credit union directly for current rates and terms.
Your actual rate will vary based on your credit score, loan term, and financial profile. Personal loans and credit cards tend to see the most variation.
Lowest rates currently reported by credit unions in MN (NCUA Q4 2025).
Rochester, MN
Brainerd, MN
Woodbury, MN
Dawson, MN
Rates from NCUA regulatory filings. Contact credit unions directly for current rates.
3.5
45 Google reviews
Reviews sourced from Google Maps. Ratings reflect member experiences at this credit union.
View on Google MapsLaura Omaha
a year ago
ATM machines are always down. Multiple locations too, not just one. Online app is very slow with up to min pending transactions. I honestly feel like this bank steals money from my account this way. Nothing huge, but small dollar amounts here and there where my total available amount is always different from what I figured. I have other bank accounts and am great at math and don’t have this problem with these other banks. Mobile deposit with a check is not available for funds right away, even if it’s processed during a normal business day and hour from the same South Metro bank. It’s unfortunately one of the most headache of a credit union, not personal at all, just steals your money kind of bank.
Angela S
3 years ago
AVOID!! I really wanted to like South Metro but 7 years later I continue to have problem after problem with them. I can never get a card set up properly with the system they require to use to set it up. I can never get anyone on the phone to actually answer my questions or help me. They do not have hours that allow me to go in and refuse to help. There is one woman in particular that is absolutely the rudest person every single time I work with her. The app never works. They charge you to close an account. When I opened a separate account I gave the 2 $20 bills but they only put $10 in one account and $25 in the other and told me I never gave them $40. I took it directly out of the atm! I regret ever coming to this bank! DO NOT USE THEM!!
Jesse Boggs
9 years ago
My wife and I opened a Checking and savings account several years ago after 2 unnamed banks had found ways of charging for overdrafts in very creative ways. We have never had any issues like this since we have opened our account with South Metro. I can't tell you how happy I am with the service I received from both Jamie and Megan when we opened an auto loan. They worked with me to find the best payment to fit my budget and were very understanding of my credit situation. Most banks have lost their ability to work this close with the client.
Larry Ernst
3 years ago
yes, the staff upon opening a new account were very polite & friendly. left a different credit union because of incredibly poor customer service. In trying to set up to view online has not been a very good experience. got locked out, sent the required msg/email NOTHING for 6 days so now a phone call is required. I guess in this day & time we just resign ourselves to poor help and substandard service. I received the information I needed to set up the account online but the prompts to ask for and receive statements is just sooo bad I gave up. printed myself, hoping that the teller was right in saying I will get mailed statements. It is really getting harder and harder to have any sort of trust once you have been lied to.
Ed Lund
2 years ago
Jamie S. is an absolute ROCKSTAR lending specialist. Not only does this credit union offer competitive rates for well qualified buyers, but their customer service is also top notch. I was working with a few other credit unions trying to get a quick loan together so that I could purchase a private sale boat that was a great price out of state the next day. Everyone else kept dropping the ball, but Jamie understood that my loan was time sensitive and got me a check so quick that I couldn't believe it. She has since also helped me on a vehicle loan as well and that went even quicker since my information was already in the system. Thank you, Jamie and SMFCU, I will definitely recommend your services to any friends looking for lending options.
Weekdays 9am–4pm typically have the shortest wait times for new member inquiries.
Your deposits are federally insured up to $250,000 per account category by the National Credit Union Administration (NCUA).
Phone
(952) 445-0888Website
Visit WebsiteMembers
4,931
Total Assets
$181.7M
Year Opened
1993
Net Worth
Well Capitalized
Official NCUA Data
All data sourced from the National Credit Union Administration (NCUA).
View NCUA Profile