Kaskaskia Valley Credit Union Salem IL | Convenient 24/7 ATM Access

Introduction

Welcome to Kaskaskia Valley, your trusted financial partner located at 1404 W Main St, Salem, IL 62881. Established in 1982, we have proudly served our community for over four decades, building strong relationships and offering exceptional service to our 3,595 members. With total assets of $26,711,398 and total deposits reaching $3,990,814, we are committed to providing secure and reliable financial solutions tailored to meet the needs of our members. At Kaskaskia Valley, we understand the importance of community support and strive to make a positive impact through various initiatives. Our dedicated team of 8 employees, led by CEO Amber Benson and Board President Gary Robinson, works tirelessly to ensure that you receive personalized attention and expert guidance in all your banking endeavors. While members can visit us at our branch address for face-to-face interactions, official correspondence should be sent to our mailing address: 1404 W Broadway, Salem, IL 62881. Whether you're looking for loans or savings options, Kaskaskia Valley is here to help you achieve your financial goals. Explore our website at mykvccu.org for more information about our services or give us a call at 618-740-1560. We invite you to join us as we continue to grow together!

Branch History & Mission

Kaskaskia Valley has a proud history rooted in community service and financial empowerment. Established in 1982, our Salem branch has been a cornerstone for residents, providing them with essential banking services while fostering a spirit of collaboration and support. Located at 1404 W Main St, Salem, IL 62881, we are easily accessible to our members and the surrounding neighborhoods. Over the years, Kaskaskia Valley has grown significantly. Today, we serve over 3,595 members and manage total assets of approximately $26,711,398. This growth reflects our commitment to putting our members first and adapting to their needs. Our mission is simple yet powerful: to offer reliable financial services that not only help individuals achieve their financial goals but also contribute positively to our community. We believe that by supporting our members financially, we can uplift the entire community. While you can visit us at our main branch for all your banking needs, official correspondence should be directed to our mailing address at 1404 W Broadway, Salem, IL 62881. This ensures that your messages reach us promptly. At Kaskaskia Valley, we understand the importance of staying current with technology and accessibility. We offer online banking and electronic statements to make managing your finances easier than ever before. While we currently do not have ATM or drive-thru services available at this branch, our friendly staff is always ready to assist you during business hours. Community involvement is at the heart of what we do. We take pride in forming partnerships with local organizations and participating in outreach initiatives that strengthen the bonds within Salem and its surroundings. Our commitment extends beyond banking; we strive to be an active participant in making our community a better place for everyone. If you're looking for a credit union that prioritizes its members while supporting local causes, look no further than Kaskaskia Valley. Join us today and experience firsthand the benefits of being part of a community-focused financial institution dedicated to your success! For more information about membership eligibility or to learn more about what we offer, please visit our website. We look forward to welcoming you into our Kaskaskia Valley family!

Branch Location & Accessibility

Convenient Access and Features

At Kaskaskia Valley, we prioritize your convenience. Our branch is designed with accessibility in mind, featuring ADA-compliant facilities to ensure that everyone can bank comfortably. Parking is readily available nearby, so you won't have to worry about finding a spot when you visit us. If you're unable to visit us in person, we invite you to reach out via phone at (618) 740-1560. We're here to assist you during our operating hours, which align with those of our main office.

Join Us Today!

We look forward to welcoming you at Kaskaskia Valley! Whether you're a long-time member or considering joining us for the first time, our friendly staff is excited to assist you with all your financial needs. Stop by today or give us a call we can't wait to meet you!

Services That Make Banking Easy

While we may not offer ATM services or drive-thru banking at this location, we ensure that your banking experience remains smooth and straightforward. Our dedicated team is ready to help with everything from account inquiries to loan applications. If you're sending official correspondence, please note that while our branch address is 1404 W Main St, official mail should be directed to our mailing address at 1404 W Broadway, Salem, IL 62881.

Member Eligibility

Becoming a member of Kaskaskia Valley is like joining a warm, welcoming family that genuinely cares about your financial well-being. If you're looking to be part of our community, you'll find that eligibility is quite simple! We proudly serve those who live, work, worship, or attend school in Marion County and surrounding areas. This means if you have connections to our local communities, you're likely eligible to join us. We believe in making banking accessible and friendly for everyone. To learn more about our membership criteria, feel free to check out the detailed information available at https://www.mykvccu.org/about-us/become-a-member.html. Once you're ready to take the next step, opening an account with us is straightforward and hassle-free. If you have any questions or want assistance along the way, don't hesitate to give us a call at (618) 740-1560. Join us at Kaskaskia Valley, located at 1404 W Main St Salem Il 62881, and discover the benefits of being part of a credit union that puts its members first!

Business Banking & Commercial Services

Loan Options for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. Additionally, we also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions that meet diverse needs.

Merchant Services That Work for You

In today's fast-paced market, effective payment processing can make a significant difference. Our merchant services streamline transactions, allowing you to focus more on serving your customers and less on managing payments. With efficient solutions tailored for your business type, you can enhance customer satisfaction while keeping track of sales effortlessly. With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses in Salem, IL. Let's work together to take your business to the next level! Reach out today at (618) 740-1560 or visit us at 1404 W Main St Salem Il 62881.

Comprehensive List Of Services

Community-Centric Approach

Being part of the community means understanding local needs. At Kaskaskia Valley, we focus on building relationships and helping our members achieve their financial goals. Whether you're saving for a new car, planning a family vacation, or looking to build an emergency fund, we are here to provide guidance and support every step of the way.

Convenient Banking Options

In today's fast-paced world, convenience matters. That's why we offer modern banking features that fit into your lifestyle. With online banking at your fingertips, you can manage your accounts from the comfort of your home or on the go. No more waiting in line; simply log in to check balances, transfer funds, or pay bills anytime, anywhere.

Get in Touch

Our friendly team is always ready to assist you with any questions or concerns. You can reach us at 618-740-1560 for personalized service or visit us at our branch during operating hours. We're excited to help you navigate your financial journey! Join us at Kaskaskia Valley and experience the difference in member-focused service today! For more information about becoming a member or accessing our services, visit us online at mykvccu.org.

Personalized Financial Solutions

Understanding that each member has unique needs, Kaskaskia Valley provides tailored financial solutions. One of our standout offerings is ATM Services Only, ensuring you can access your funds easily when you need them. Imagine being out and about in Salem and needing cash for an unexpected expense. With our ATM services, you have peace of mind knowing that your money is within reach.

Digital & Online Banking

Key Features

Our online banking platform includes electronic signature authorization, making it simple for you to sign documents securely from the comfort of your home. Plus, with e-statements available, you can easily keep track of your transactions without the clutter of paper statements. For those who prefer mobile banking, our user-friendly mobile application allows you to manage your finances right from your smartphone. While we don't currently support mobile payments or person-to-person transfers, you can still enjoy seamless account management and real-time updates on your financial activities. Security is a top priority for us at Kaskaskia Valley. Our online systems are designed with robust security measures to protect your personal information, giving you peace of mind while banking online. In short, Kaskaskia Valley's digital and online banking services offer you convenience and control over your finances in an accessible way. Join us today and experience how easy it can be to manage your money!

Financial Strength

Growing Member Base

Total Share Accounts stand at 5,937, showing a strong and growing member base that trusts us with their finances. With net shares available for lending and investments totaling $286,993, we are well-positioned to support your financial aspirations. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Kaskaskia Valley is your trusted partner. Visit us at 1404 W Main St Salem Il 62881 or call 618-740-1560 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Members' savings are secured through $1,247,462 in share certificates and $255,219 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $127,910, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our net income of $183,768 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 7 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $2,436,437 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust as we have $15,540 in used auto loans and a total of $17,828,915 in loans and leases, supporting members' financial goals across various sectors.

Solid Financial Health

With a net worth of $2,672,096, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 9.98% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Additional Services

If you're considering refinancing or exploring eligibility options for any of our products, we are here to help guide you through every step. Our friendly staff at Kaskaskia Valley is ready to assist you with your questions and help determine what works best for your financial situation. For more information about our loan offerings or to start your application process today, feel free to reach out to us at (618) 740-1560 or visit us at 1404 W Main St Salem Il 62881. You can also explore our services online at mykvccu.org. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Join us today and take the next step towards achieving your financial dreams!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $8,774,401 in used vehicle loans and $3,852,392 in new vehicle loans already helping members get on the road. We provide financing options tailored for both new and used vehicles to ensure that you can find the right fit for your budget.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $989,573, making buying or refinancing simple. We offer flexible terms and competitive interest rates so you can secure the home you've always wanted.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $808,042 in loans helping members manage their finances effectively. This option provides you with the freedom to make purchases when you need without immediate cash on hand.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

How LendMesh Ensures Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov), ensuring fair and transparent offers. This commitment to accuracy allows users to trust the information they receive.