At South Metro Federal Credit Union, we provide solutions for your dreams. Whether you need cash for a home, a car, a boat, a vacation, or any other big purchase, South Metro offers competitive rates on the right loan to make your dreams a reality. We do Business Loans, too!

Best of all, we’ve got friendly staff in-office and lots of resources online to make the whole process easier. Please call or visit one of our locations, or just scroll down for more information.

Loan Applications

Online Loan Application

We also have a loan application on our Mobile Banking App, or you can apply over the phone using Telephone Banking at 1-800-459-8139.

*This loan application line is not for mortgage or Co-Op Share Housing Loans.

We usually recommend that you call or visit one of our loan officers for help completing a mortgage application. It’s quick and easy to apply over the phone – call us today at 952-445-0888.

You can also request more information about our Co-Op Share Housing loans. Good for Co-op Share refinances, too!  If you have questions, call us at 952-445-0888.

Request more Co-Op Share Housing Information.

Don’t miss out on our low-interest VISA card with ScoreCard points and no annual fees. Click here to learn more about our VISA card fees, current rates, and ScoreCard Rewards.

Apply Online.

Moving? Call Member Services at 952-445-0888 and tell us your new address.

SouthMet Testimonials

By switching to South Metro Credit Union, we were able to save $43,000 per year by customizing their services to fit our needs. - Scott

Loans Available

Our car loans will take you wherever you want to go. We offer competitive rates and a variety of terms on both new and used vehicles.

Official used car values can be found at

For reviews and buying advice, check out

Seasons change. Lifestyles change. Experience both with a boat, camper or RV.

South Metro Federal Credit Union will lend up to 100% of the appraised value (new OR used!) and you can take up to 60 months to repay. Check our rates and apply today! Then the only thing left to do is…pack your sunscreen.

Unlock cash for home improvements, automobiles, college education, vacation home, debt consolidation, or just about anything! With a low-interest home equity loan from South Metro Federal Credit Union you can make your dreams a reality.

Call our office at (952) 445-0888 to inquire about South Metro’s HELOC and Fixed Rate Home Equity loans.

South Metro can help you find affordable housing rates to suit your needs. Whether you’re looking at a co-op loan, a first-time home loan, or considering your refinance options, we are here to help. Find out more.

If it has an engine and you need a loan to buy, call South Metro! Roll with the changes — check our rates and apply today!

South Metro loans

We bring competitive rates, fewer fees, and a more personal approach to lending. Get your next loan at South Metro.

Loan Insurance

The TruStage™ Auto and Home Insurance program offers fast, easy access to property and casualty claims 24 hours a day. And of course there’s convenient e-service to pay your bill or make changes to your policy, even report a claim.

Get your free quote today or call 1-855-483-2149.

TruStage™ Auto and Home Insurance program is offered by TruStage Insurance Agency, LLC and issued by leading insurance companies. Discounts are not available in all states and discounts vary by state. The insurance offered is not a deposit and is not federally insured. This coverage is not sold or guaranteed by your credit union. MAH-1112-7C9E

What happens to your Credit Card Balances if you become permanently disabled?

You can remove the financial burden from your family, protect your credit standing, supplement your other benefits. It’s called TruStage© Payment Protection for Credit Cards. Call or stop in today to ask for details!

Most cars depreciate thousands of dollars as soon as they leave the dealers lot. Unfortunately if your car is stolen, accidentally damaged beyond repair or otherwise totaled, you are still liable to pay the difference or “gap” between your Insurer’s settlement and your loan balance.

That’s why you’ll want to ask about GAP Protection through your Credit Union. For a few dollars a month, you’re protected against the unfortunate circumstance of owing money on a vehicle you no longer have!

Just Bought a New Car? Mechanical Repair Coverage ensures uninterrupted protection and peace of mind if you own your vehicle past the Manufacturer’s Warranty.

Choose the price and protection plan that best suits your needs, and you’ll never have to worry about costly car repairs again. Mechanical Repair Coverage is available on both new and used vehicles. Ask your loan officer for details!

SouthMet Testimonials

Best banking experience of my life. - Robert

Loan Rates Effective November 1, 2017

Auto Loans

Model Year 2014 or Newer

as low as 1.79% APR*


Model Year 2013 or Older

as low as 2.49% APR*

Snowmobiles, ATVs, Personal Watercraft, etc.

Model Year 2014 or Newer

as low as 4.24% APR*


Model Year 2013 or Older

as low as 5.49% APR*


Model Year 2014 or Newer

as low as 3.74% APR*


Model Year 2013 or Older

as low as 4.99% APR*

Boats & Motorhomes

Model Year 2014 or Newer

as low as 4.24% APR*


Model Year 2013 or Older

as low as 5.49% APR*

Other Lending Options

Share Secured Loans

as low as 3.75% APR*


Unsecured Personal Loans

as low as 8.99% APR*


Certificate Secured Loans

as low as 3.0% APR*
over cert. rate +


Line of Credit Loans

as low as 9.25% APR*

* APR = Annual Percentage Rate. Rates may be higher based on credit score, loan term and Loan to Value (LTV). Add .50% APR to loan with collateral older than 2007. Rates assume an automatic payment will be set-up. Add .25% APR to rates if a manual payment will be made. All loans subject to credit approval and additional terms and conditions may apply, see a credit union representative for more information.
+See Deposit Rate Sheet for current Certificate of Deposit (CD) rates. CD term must match loan term. You may be charged a penalty for breaking terms or conditions of an existing CD.

Home Equity Loans

Home Equity Fixed

as low as 4.49% APR*


Home Equity Line of Credit++

as low as Index + 0.24% APR*

*APR = Annual Percentage Rate. Rates may be higher depending on credit, term and Loan to Value (LTV). Home Equity Loans available in select states only. Consult a tax advisor about the tax deductibility of interest. Closing costs typically range from $0 to $300 and do not include the cost of an appraisal (if required). Rates assume an automatic payment will be set-up. Add .25% APR to rates if a manual payment will be made.
++The Home Equity Line of Credit (HELOC) has a variable rate. The APR will vary based on an index. The current index is the Prime Rate as published by The Wall Street Journal. As of 06/15/2017 the Prime rate is 4.25%. The APR will not exceed 18%.

CO-OP Housing Loans

Call 952-445-0888 and select Menu Option 3 to speak to a Mortgage Specialist for rates based on your scenario.

Mortgage Loans

Let us guide you through the mortgage process with the care and service you deserve. We offer competitive rates, low closing costs, and no “junk” fees. With the low rates, now may be the right time to refinance. Call CU Mortgage at 651-631-3111 or apply online using MortgageBot. CU Companies is your member-owned mortgage, real estate and title company.


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Need Help?

Call 952-445-0888 to contact us. We're eager to help!