Federal credit union · Bartlett, Tennessee · NCUA charter #24963
First South Financial
Health score 93/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 93
- Health / 100
- $828.8M
- Total assets
- 71,399
- Members
- 30.1%
- Net-worth ratio
First South Financial scores 93/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $828.8M; members 71,399; net-worth ratio 30.07%; health rank #557 of 4,374; healthier than 84th of scored peers.
Title II Call Report masthead
NCUA 5300 Call Report Masthead
#557 of 4,374 health · 2025Q4First South Financial · health 93/100 · $828.8M · 2025Q4
- HEALTH 93/100
- NW 30.1%
- DELQ 0.31%
- ROA 2.40%
- ASSETS $828.8M
- MEM 71,399
- RANK #557/4,374
- PHOTO Corporate America Family
- BOOK 24963
Call Report peers
First South Financial in the assets neighbourhood
First South Financial's $828.8M assets sit next to Corporate America Family ($829.8M) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
First South Financial vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
93 Top 16% higher than 84% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
First South Financial - Share Insurance Coverage
Composite supervisory bracket and risk-based capital, read from the 2025Q4 NCUA Call Report for charter #24963. See our deposit-insurance coverage note.
First South Financial: Call Report deltas vs peers
- Strongest edge vs 749 Over $500M peers is Net Worth Ratio: +18.89 pp (30.07% vs 11.18%).
- Widest shortfall vs peers is Loan-to-Share Ratio: -0.30 pp (83.60% vs 83.90%).
Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Tennessee standing for First South Financial
- In Tennessee, health place is #21 of 127 on the same NCUA-ratio sort used nationally.
- Assets rank #11 of 127 inside Tennessee ($828.8M reported).
- Membership ranks #10 of 127 among Tennessee CUs with a reported count (71,399 members).
In-state ordinals use the live credit_unions table for TN only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
How First South Financial's 5300 filing moved
First South Financial: total assets by quarter
3 Call Report filings on this page's own vintage chain
- Assets moved +0.7% from $828.8M (2025Q4) to $834.5M (2026Q1).
- Net-worth ratio shifted -0.29 pp (30.36% → 30.07%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
30.07% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 93/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 93.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 15.0 pts
- Member Growth 7.8 pts
- Loan-to-Share Ratio 15.2 pts
First South Financial health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 30.07% | +18.89 pp |
| Delinquency Rate | 0.31% | -0.56 pp |
| Return on Assets | 2.40% | +1.89 pp |
| Member Growth | -0.67% | - |
| Loan-to-Share Ratio | 83.60% | -0.30 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
Call Report history - First South Financial
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $834.5M | - |
| 2025Q4 | $828.8M | 71,399 |
| 2024Q4 | $768.8M | 71,877 |
Credit Union Details
- Charter Number
- 24963
- Type
- Federal
- Field of Membership
- Other/Community
- Peer Group
- Over $500M
- State
- Tennessee
- City
- Bartlett
- Data Quarter
- 2025Q4
Branch Locations (16)
Per its most recent NCUA branch filing, First South Financial runs 16 offices in 10 different cities across 2 states.
| Office | City |
|---|---|
| Bartlett - Administration (Main Office) | Bartlett, TN |
| Atoka/Munford Branch | Atoka, TN |
| Bartlett | Bartlett, TN |
| Collierville | Collierville, TN |
| Cordova | Cordova, TN |
| Dyersburg | Dyersburg, TN |
| Jackson | Jackson, TN |
| Raleigh | Memphis, TN |
| Highland | Memphis, TN |
| Madison | Memphis, TN |
| St Jude | Memphis, TN |
| Whitehaven | Memphis, TN |
| Winchester | Memphis, TN |
| Millington | Millington, TN |
| North Nashville | Nashville, TN |
| Southaven | Southaven, MS |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Tennessee
More federally-insured credit unions based in Tennessee, ordered by peer group match and asset size.
Cross-state Call Report peers for First South Financial
Two NCUA Call Report peer sets for First South Financial, both outside Tennessee so the neighborhoods are not state containment (the Nearby list above stays in-state).
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($828.8M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (93/100 here).
Using this data
- First South Financial ranks #557 of 4,374 nationally on financial health and #21 of 127 in TN -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- FORTERA is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with FORTERA
- Rates and health both vary by institution, not just by state -- see how Tennessee credit unions compare overall before assuming this one is typical. Tennessee state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is First South Financial financially healthy?
A 30.07% net worth ratio and a 0.31% delinquency rate feed into First South Financial's financial health score of 93/100 (Excellent), from NCUA 5300 Call Report data as of Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #557 of 4,374; by total assets it ranks #541 of 4,374 nationally (same basis as /rankings/largest); and #11 of 127 within Tennessee. The scale: above 80 excellent, below 50 warrants closer monitoring.
How does First South Financial compare to other credit unions?
93/100 is First South Financial's score on PlainCU's health composite, compared to a peer group average for Over $500M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 15%.
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join First South Financial?
First South Financial operates under a community charter, meaning membership is generally open to anyone who lives, works, worships, or attends school within its defined geographic service area, no employer or association tie required. Contact First South Financial directly for the exact boundaries and application steps.
Is my money safe at First South Financial?
Federal credit unions like First South Financial are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. First South Financial's net worth ratio of 30.07% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does First South Financial offer compared to banks?
Credit unions like First South Financial are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact First South Financial directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.