Levo Credit Union Sioux Falls SD | Best Auto Loans & Business Banking

Introduction

Welcome to Levo, your trusted partner in financial wellness, located at 700 E 14Th St, Sioux Falls, SD 57104. With a rich history dating back to 1934, we've grown into a vital part of the community, proudly serving over 36,419 members. At Levo, we believe in making banking personal and accessible, ensuring that every member feels valued and supported. As a credit union with total assets exceeding $504 million, we are committed to providing competitive rates on loans and deposits. Our dedicated team of 125 employees, led by our CEO Fran Sommerfeld and Board President James Nord, works tirelessly to create a welcoming environment for all members. Whether you are looking for an auto loan or need assistance with personal banking, we have tailored solutions to meet your needs. While you can visit us at our branch for all your banking needs, please send any official correspondence to our mailing address: PO Box 5735, Sioux Falls, SD 57117-5735. We also offer convenient services like online banking, mobile payments, and ATMs for easy access to your accounts. At Levo, we take pride in our strong financial standing, boasting total deposits of $57.6 million and a net worth of over $53.8 million. Our commitment to responsible lending is reflected in our total loans exceeding 24,479, empowering members with the resources they need to achieve their financial goals. We invite you to explore our website at Levo or call us at 605-334-2471 for more information about how we can help you thrive financially. Your journey towards financial success starts here!

Branch History & Mission

Our Mission

At Levo, our mission is simple yet powerful: We aim to enhance the lives of our members by providing accessible financial services that promote stability and growth. We believe that everyone deserves the opportunity to achieve their financial goals. This belief drives us to develop programs that support various aspects of life whether it's helping families secure their first home or guiding small businesses toward success. Our branch offers more than just traditional banking; we strive to be an active participant in the Sioux Falls community. Through initiatives such as financial literacy workshops and collaborations with local organizations, we work tirelessly to make a positive impact on those we serve. While members can visit us at 700 E 14th St for all their banking needs including ATM access and drive-thru services official correspondence should be sent to PO Box 5735 in Sioux Falls. As we look ahead, we invite you to join us at Levo. Experience firsthand how we can help you achieve your dreams while being part of a thriving community. With operating hours from 7:30 am to 5:30 pm Monday through Friday, we're here when you need us most. Discover more about becoming a member today by visiting our website. Join us at Levo where your financial journey begins!

Our Story

From its inception in the heart of Sioux Falls, Levo has always prioritized member service and community welfare. Over the years, we have expanded our offerings to include personal banking solutions like checking and savings accounts, auto loans, mortgage financing, and credit cards with rewards. As we grew, so did our commitment to harnessing technology for better service delivery. Today, we offer online banking and mobile applications that make managing finances simpler than ever. With total assets amounting to $504 million, Levo is well-equipped to meet the diverse needs of our members. We are proud to provide exceptional services while maintaining a focus on responsible lending practices and financial education. Our mission is not only to provide financial solutions but also to uplift our community through partnerships and outreach efforts.

Branch Location & Accessibility

Conveniently Located

Nestled in the heart of Sioux Falls, our branch is near popular landmarks that make it easy for you to stop by. Whether you're running errands or just passing through, we're here to help. We have ample parking available, ensuring that you can access our services without any hassle. Plus, our location is ADA compliant, featuring ramps and accessibility options for all our members.

Friendly Services Await

At Levo, we understand that your time is valuable. That's why we offer a variety of services designed to meet your banking needs efficiently. Our lobby hours are Monday through Friday from 7:30 am to 5:30 pm, making it convenient for you to visit us during your day. You can also take advantage of our drive-thru service for quick deposits and withdrawals without leaving your car. If you prefer banking on-the-go, we have an ATM available for cash withdrawals and balance inquiries whenever you need it. Whether it's personal banking like checking and savings accounts or loans for vehicles and mortgages, we're committed to providing excellent service tailored just for you.

Get in Touch

While you can visit us at 700 E 14Th St for all your banking needs, please note that official correspondence should be sent to our mailing address at PO Box 5735, Sioux Falls, SD 57117-5735 if needed. Have questions? Don't hesitate to give us a call at 605-334-2471. Our dedicated team is ready and eager to assist you! Come by today and discover how Levo can help you achieve your financial goals. We look forward to welcoming you!

Member Eligibility

At Levo, we believe that joining our community is like becoming part of a big family where everyone supports each other. If you're wondering how to become a member, it's quite simple! We welcome individuals who live, work, or worship in our local area, as well as their immediate family members. This means if you have a connection to our vibrant community here in Sioux Falls, you likely qualify. Being a member at Levo comes with numerous benefits, including access to personalized banking services and competitive loan options tailored just for you. For more detailed information on eligibility criteria, feel free to visit our website at https://www.levo.org/become-a-member . Once you're ready to open an account, check out the easy steps outlined at https://www.levo.org/open-accounts or give us a call at (605) 334-2471. We're here to help you take this exciting step toward financial wellness!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $141 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $8 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $41,289,241, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer merchant services designed to streamline your business operations. Imagine easily accepting payments from customers via credit cards or mobile wallets, ensuring a smooth transaction process. This service not only enhances customer satisfaction but also helps you manage cash flow effectively. Located at 700 E 14Th St Sioux Falls Sd 57104 in Sioux Falls, SD, our team is dedicated to helping you achieve your business goals. Contact us today at (605) 334-2471 to explore how our business banking and commercial services can empower your success!

Comprehensive List Of Services

Business Banking Services

For entrepreneurs and small business owners, Levo offers specialized services like merchant services and business loans. Running a business is challenging enough; let us simplify your banking needs so you can focus on what matters most growing your business.

Convenient Access & Digital Features

Accessing your accounts has never been easier with our comprehensive online and mobile banking capabilities. With features like ATM access for cash withdrawals and balance checks available at various locations throughout Sioux Falls, you'll always have control over your finances. Our branch also includes basic drive-thru banking services for quick deposits and withdrawals. Need assistance? Feel free to call us at 605-334-2471, where our friendly staff is ready to help from 7:30 AM to 5:30 PM, Monday through Friday.

Credit Cards and Rewards

Don't forget about our credit cards with rewards! These cards not only offer convenience but also let you earn points on everyday purchases. Whether you're shopping for groceries or dining out, every swipe brings you closer to exciting rewards.

Join Us Today!

At Levo in Sioux Falls, we are committed to providing valuable financial solutions that cater to all members of our community. Whether you're looking for personal banking options or business services, we're here for you every step of the way. To learn more about becoming a member or opening an account with us today, visit our website or stop by our branch!

Personal Banking Solutions

For individuals looking to manage their day-to-day finances, we offer checking and savings accounts that fit your lifestyle. Whether you're saving for a vacation or just need a reliable place to keep your funds, our accounts come with user-friendly online and mobile banking features. Imagine being able to check your balance, transfer money, or pay bills from the comfort of your home or on the go it's that easy! If you're considering buying a car, our auto loans and vehicle financing options can help you hit the road without breaking the bank. We provide competitive rates and flexible terms, making it simple to drive away in your new vehicle. Additionally, if you're thinking about purchasing a home or refinancing your current mortgage, our mortgage loans are designed to make the process straightforward and stress-free. When life throws unexpected expenses your way, our personal loans and debt consolidation services can help you regain control. We understand that sometimes you need a little extra support, and we're here to assist you in finding the right solution.

Digital & Online Banking

Key Features

Our online banking platform offers e-statements for easy access to your financial documents without the clutter of paper. You'll also benefit from electronic signature authorization, allowing you to sign important documents securely from home. This means no more trips to the branch for paperwork! If you enjoy making payments quickly and conveniently, our mobile payments feature is perfect for you. You can send money directly to friends or family using person-to-person transfers, making splitting bills or sharing expenses hassle-free. We prioritize your security too. Our online services are designed with robust security measures to protect your personal information while ensuring that you have a user-friendly experience. In summary, Levo provides all the tools you need for effective account management at your fingertips. From e-statements to mobile payments and everything in between, we're here to make banking easier so you can focus on what truly matters in life. Experience the convenience today by visiting us at https://www.levo.org/ !

Financial Strength

Commitment to Innovation and Growth

With $50,618,879 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $7,650 in used auto loans and $323,477,391 in total loans and leases.

Growing Community Trust

Total Share and Deposit Accounts: 68,744, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $1,588,075 provide additional assurance that your money is managed wisely. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Levo is your trusted partner. Visit us at 700 E 14Th St Sioux Falls Sd 57104 or call (605) 334-2471 to learn more about how we can help you achieve your financial goals.

Member Savings Protection

Members' savings are secured through $103,619,896 in share certificates and $114,113,848 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $426,411 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 118 full-time employees and 7 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Health

With a net worth of $53,838,752, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,068 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 Information

If you're interested in refinancing your existing loans or learning about eligibility options for our loan products, please don't hesitate to ask our team during your visit or call us directly. The performance insights and financial data mentioned here are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. Visit us today to explore how Levo can assist you in achieving your financial aspirations!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $105,352,344 in used vehicle loans and $10,303,156 in new vehicle loans already helping members get on the road. Whether you're interested in financing a new or used vehicle, we have options that can fit your budget.

Business Loans

For business owners, our outstanding commercial loans totaling $41,289,241 provide the capital needed to grow and expand your business. We understand that every business is unique and work closely with you to find the right financing solution.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $55,932,129, make buying or refinancing simple. We provide personalized service to guide you through every step of the process.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $9,823,181 in loans helping members manage their finances effectively. These cards come with benefits that can help you save money while making everyday purchases easier.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency and trustworthiness. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results that reflect true market conditions. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions allow users to see current offerings, making it easier to choose the right loan for their needs. Thousands of users trust LendMesh for their loan comparisons. One member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This type of feedback reinforces the platform's credibility as a reliable resource for borrowers. Take control of your financial future by comparing 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 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 ). This strict adherence to regulatory standards ensures that users receive fair and transparent offers.

LEVO FEDERAL CREDIT UNION - Sioux Falls, SD