Lõuna Hoiu-Laenuühistu is a savings and loans associtation, i.e. a commercial association offering savings products, loans (including consumer loans and mortgage loans) to its members. Lõuna Hoiu-Laenuühistu is owned by its members and hence acts in the members' interest, offering its products at the most favourable rates possible. Lõuna Hoiu-Laenuühistu does not participate in the deposit guarantee scheme of Estonia.
Savings and loan associations are not covered by the deposit guarantee scheme in Estonia: in the case of Lõuna Hoiu-Laenuühistu failure its depositors will not get any compensation.
Lõuna Hoiu-Laenuühistu was located in Tartu.