Become a Member

Our Mission:To provide financial services to our Members that will enable South Metro FCU to become the financial institution of choice.

South Metro FCU membership

Who Can Join South Metro?

South Metro membership is an exclusive benefit for individuals who meet one of the following eligibility requirements:

  • Any person who lives or works in Scott County, Hennepin County, and/or Carver County of Minnesota.
  • Any member of the Shakopee Mdewakanton Sioux Community.
  • Individual members and members of those cooperative groups that are members of Shared Capital Cooperative (see other tab).
  • Immediate family members of these residents are also eligible for South Metro membership regardless of where they live. Find out more.

The Shared Capital Cooperative is a cooperatively owned community development loan fund committed to fostering economic democracy by investing in cooperative enterprises. The Shared Capital Cooperative, formerly the Northcountry Cooperative Development Fund, was founded in 1978 and provides financing to natural foods, consumer, producer, housing, and worker-owned cooperatives throughout the United States. This organization is certified by the U.S. Department of Treasury as a Community Development Financial Institution (CDFI) and serves more than 170 cooperative members in more than 30 states.

Any cooperative or individual join the Shared Capital Cooperative. Your one-time donation of $10 or more will be used to provide assistance to cooperatives and groups of individuals operating or intending to operate on a cooperative basis. If you or your employer are a member then you are, in turn, eligible to join South Metro.

For more information, visit the Shared Capital Cooperative at

Membership Lasts a Lifetime

A member retains their membership on the basis of “once a member, always a member” status. If membership is established by a child 12 years or younger, a parent member must sign for the child.

How to Join

Step 1. Apply Online

Select ‘New Member Account’ from the list of options that appear when you start your application. If you’re looking for a loan, go ahead and select your loan type instead. We’ll set up your membership when approved.

Step 2. Qualify for Membership

The second page of your application will prompt you to indicate how you are eligible to join South Metro.

Step 3. Fund your account

Next, click the large plus sign to the left of the Required Products option as shown below. New members MUST open a Primary Savings account with an initial deposit of $5.00. Required products - new account
Under Available Products, select any other savings account types that you would like to open. (Loan applications must be filled out separately.) A minimum deposit of $100.00 is required to open a Checking account, and a photo copy of your Drivers’ License or picture ID (signed) is required.

Step 4. Tell us about you

The remainder of the application will verify your identity by asking questions only you should be able to answer — all through secure methods.

South Metro loans

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

Member Benefits

Get exclusive credit union discounts on things you use every day. Visit for more information. It's all free for our members!


All Bundle From Love My Credit Union Rewards

See what you can save at Love My Credit Union!

Please note: vendor discounts are subject to change without notice.

Save More with South Metro FCU and TurboTax®

Save up to $15 on TurboTax!

South Metro has teamed up with TurboTax to make filing taxes faster, easier, and worry-free. Your filings are secure and accurate. Calculations are 100% guaranteed by Turbo Tax Online*.

Confidently file your taxes with TurboTax Online:

  • Complete your simple federal return for free or receive up to a $15 discount on other Turbo Tax Online paid editions.
  • Have step-by-step instructions and questions throughout provide help and advice for all users.
  • Get your refund in as fast as 10 days when you email and elect direct deposit – about a month faster than regular mail.
  • Relax knowing your tax data is protected.

Go to TurboTax Online

*TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries.

Valleyfair! discount tickets 

Save on a daily Valleyfair! admission by purchasing your tickets at South Metro Federal Credit Union.

The legend of the 16th century comes to life at the Minnesota Renaissance Festival. A successful blend of lively entertainment, unusual foods, unique crafts and family fun, this event blends all the ingredients for a 16th century amusement.

Located in Shakopee, the festival runs for seven fun-filled weekends every August and September. Rain or shine and FREE parking.

When you join, you become a member/owner of the Credit Union and annually elect its Board of Directors. You are eligible to serve on key committees; and you have a direct voice - a vote - in how the organization is run. We return our profits to our members in the form of better rates and fewer fees on our services, which include:

  • Safe Deposit Boxes
  • Money Orders & Wire Transfers
  • Securities signature guarantees
  • Notary Service - When you need a signature guarantee certification, SMFCU can provide that for you on your bonds, security or financial instruments.

Did You Know?
Your money is SAFE with our deposit insurance at no cost to you, the depositor. Your deposits are insured up to $500,000 through the combined coverage of the National Credit Union Administration (NCUA), an agency of the U.S. government, and Excess Share Insurance (ESI).

Love My Credit Union Rewards

Get there. Start here.

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Routing #: 091981646  |  NMLS ID # 1059389

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