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

Introduction

Welcome to Levo, your trusted financial partner located at 1701 N Minnesota Ave, Sioux Falls, SD 57104. Established in 1934, we have proudly served our community for decades, growing alongside our members and adapting to their needs. With a robust membership of 35,037, we are dedicated to providing personalized banking solutions that empower individuals and families. At Levo, we understand that financial decisions can be overwhelming. That's why we offer a range of services designed with you in mind whether you're looking for checking and savings accounts, auto loans, or even business banking solutions. With total assets amounting to an impressive $462,981,005 and total deposits reaching $43,998,753, our solid foundation ensures that your money is safe and sound. Our leadership team is committed to your success. Under the guidance of CEO Fran Sommerfeld and Board President James Nord, we focus on fostering strong relationships with our members while promoting financial literacy and growth within the community. While you can reach us directly at 605-339-9297, please note that official correspondence should be sent to our mailing address: 1701 N Minnesota Ave, Sioux Falls, SD 57104-0306. Our doors are open Monday through Friday from 9:00 am to 5:00 pm, ready to assist you with all your banking needs. Join us today and experience the difference at Levo. Visit our website at levo.org to learn more about how we can support you on your financial journey!

Branch History & Mission

Evolution and Growth

Since opening our doors nearly 90 years ago, Levo has consistently focused on providing exceptional financial services while fostering a sense of community. We have proudly expanded our offerings over the years to include personal banking options such as checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. Our total assets now stand at an impressive $462,981,005, reflecting our dedication to growth and stability. Through partnerships with local organizations and community outreach initiatives, we strive to make a meaningful impact beyond just financial transactions. Whether it's sponsoring local events or providing financial education workshops, we are committed to uplifting our community.

Looking Ahead

As we move forward, Levo continues to embrace digital advancements while ensuring our services remain ADA compliant and user-friendly. With options like online banking and mobile payments available, we aim to simplify your banking experience. Although we currently do not have ATM availability at this branch, our drive-thru service meets essential banking needs efficiently. Join us as we continue this journey together. At Levo, you're not just another account; you're part of a family dedicated to your financial well-being. Explore how we can help you achieve your dreams by visiting us or checking out more about membership here. Experience the difference that comes from being part of a community-focused credit union!

Our Mission

Levo's mission is simple yet profound: to empower our members through accessible financial services that promote growth and security. We believe that everyone deserves the opportunity to achieve their financial goals without barriers. This commitment drives us to provide competitive rates and personalized service tailored to each member's unique situation. While members can visit us at 1701 N Minnesota Ave, official correspondence should be sent to 1701 N Minnesota Ave, Sioux Falls, SD 57104-0306. Our branch is open Monday through Friday from 9:00 am to 5:00 pm, with convenient drive-thru banking available for quick transactions.

Branch Location & Accessibility

Welcome to the Levo branch, your friendly neighborhood credit union located at 1701 N Minnesota Ave in the heart of Sioux Falls, SD. We're here to provide you with convenient banking solutions tailored to meet your needs. Whether you're stopping by for personal banking, auto loans, or just to ask a question, our accessible location makes it easy for you to visit us. Our branch is situated near popular landmarks like the vibrant Sioux Falls Park, making us an easy stop while you're out and about. With ample parking available and features that comply with ADA standards, we ensure that everyone can access our services comfortably. While our official address is 1701 N Minnesota Ave, if you need to send any correspondence, please direct it to our mailing address at 1701 N Minnesota Ave, Sioux Falls, SD 57104-0306. We're open Monday through Friday from 9:00 am to 5:00 pm, so feel free to drop in during those hours. We also offer drive-thru banking for quick transactions like deposits and withdrawals without leaving your car. While we currently do not have ATM services on site, our team is always ready to assist you with any cash withdrawal needs. If you're looking for a credit union that offers more than just basic services think personal loans, mortgage options, and even credit cards with rewards Levo has got you covered! Our dedicated staff is here to help guide you through your financial journey. Don't hesitate to give us a call at 605-339-9297 or stop by today. We can't wait to welcome you into the Levo family!

Member Eligibility

At Levo, we believe in building a community where everyone can thrive together. Becoming a member is simple and welcoming! If you live, work, or go to school in Minnehaha County or have family members who are already part of our credit union, you're eligible to join us. Being a member means gaining access to personalized financial services that truly cater to your needs, from checking accounts to auto loans and everything in between. Plus, as a member of Levo, you'll enjoy competitive rates and outstanding customer service. For more specific details on eligibility, feel free to visit this page for the most up-to-date information. Ready to take the next step? Opening an account with us is easy! Just check out our account opening process at this link, or give us a call at 605-339-9297 if you have any questions. We're here for you at our branch located at 1701 N Minnesota Ave, Sioux Falls, SD 57104. Join us today and start experiencing the benefits of being part of the Levo family!

Business Banking & Commercial Services

Streamlined Merchant Services

In today's fast-paced marketplace, having efficient merchant services can set your business apart. Imagine being able to accept payments seamlessly from customers whether they pay with a card or mobile app. Our merchant services help simplify transactions, allowing you to focus on what matters most: growing your business. Located at 1701 N Minnesota Ave Sioux Falls Sd 57104, Sioux Falls, SD 57104, we are here to provide personalized service tailored to your business goals. Contact us today at (605) 339-9297 to explore how we can help you thrive!

Tailored Lending Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $58 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $9 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $11,323,758, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Support

For local entrepreneurs and business owners, our business banking services include merchant services and business loans designed to support your growth. We believe in fostering the success of local businesses by providing them with the financial backing they need.

Convenient Digital Banking Features

In today's fast-paced world, convenience is key. Our online and mobile banking platforms make it easy for you to manage your accounts anytime, anywhere. With features like mobile payments and person-to-person transfers, handling your finances has never been simpler.

Credit Cards & Rewards

To reward your spending habits, we offer credit cards with rewards programs that allow you to earn points on everyday purchases. These rewards can be redeemed for travel, merchandise, or even cash back making every swipe count towards something special.

Drive-Thru & ATM Services

While we do not have ATM facilities at our branch, our basic drive-thru banking services allow you to perform deposits, withdrawals, and simple transactions efficiently without leaving your vehicle. At Levo, we are committed to making banking personal and accessible. If you're ready to explore these services further or have any questions about how we can assist you, please reach out to us at 605-339-9297 during our lobby hours from Monday through Friday, 9:00 AM to 5:00 PM. We invite you to become part of the Levo family! Visit us online at levo.org for more information on how to open an account or learn more about membership eligibility. Your financial future starts here!

Personal Banking Solutions

For those just starting out or looking to manage their finances better, we offer various personal banking options. You can open checking and savings accounts designed to suit different lifestyles and needs. If you're planning on purchasing a car, our auto loans and vehicle financing solutions provide competitive rates and flexible terms. When it comes to buying a home, our mortgage loans and refinancing options can guide you through this important investment. We understand that life can bring unexpected expenses; that's why our personal loans and debt consolidation services are available to help you regain control over your finances without added stress.

Digital & Online Banking

24/7 Accessibility

With our 24/7 online banking services, you have control over your finances whenever you need it. Our platform is designed to be accessible and straightforward, making real-time account management easy for everyone. Experience the convenience of digital banking at Levo today! Visit https://www.levo.org/ to learn more about how we can help simplify your financial life.

Convenient Online Services

Our online banking allows you to view your account balances, transfer funds, and pay bills all from the comfort of your home. Plus, with features like person-to-person transfers, sending money to friends and family has never been easier. You can do it all in just a few taps!

Mobile Application

For those who prefer to bank on their mobile devices, our dedicated mobile application is here for you. Available for download now, it provides a user-friendly interface that makes checking your accounts and making transactions simple and quick. You can even take advantage of mobile payments, allowing you to pay with just your phone.

Security You Can Trust

Your security is our top priority. We offer electronic signature authorization for documents, ensuring that your transactions are safe and secure. Additionally, e-statements are available so you can easily keep track of your finances without the hassle of paper statements.

Financial Strength

A Solid Foundation

With a net worth of $52,735,539, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,138 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Investing in Our Future Together

With $47,506,033 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment is reflected in our lending capacity; we have $7,321 in used auto loans and $288,883,304 in total loans and leases available to support your financial goals across various sectors.

Member-Centric Savings

Your savings are secure with us. We hold $98,371,690 in share certificates and $104,300,266 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 $2,210,330 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We're also proud of our dedicated workforce; with 109 full-time employees and 8 part-time employees, our branches are always ready to serve you with a knowledgeable team.

Trust Built on Transparency

We manage net shares (funds available for lending and investments) totaling $10,739,050, alongside a robust member base with 66,649 accounts showing growing trust from our community. 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 1701 N Minnesota Ave Sioux Falls Sd 57104 or call (605) 339-9297 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We have already issued $100,754,493 in used vehicle loans and $11,154,608 in new vehicle loans, helping members get on the road with ease. Whether you're interested in financing a brand-new model or a reliable used car, our team is ready to assist you every step of the way.

Business Loans

For business owners looking for growth opportunities, we provide outstanding commercial loans totaling $11,323,758. These loans offer the capital needed for expansion or operational needs. If you're interested in exploring our loan products further or want to discuss refinancing options that may be available for you, please don't hesitate to reach out. You can contact us at 605-339-9297 during our lobby hours from Monday to Friday between 9:00 AM and 5:00 PM. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At Levo, we're committed to supporting our community's financial well-being through responsible lending practices and exceptional member service. Visit us today to learn more about how we can help you!

Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $9,921,825 in loans helping members manage their finances effectively. Our credit cards come with various rewards and benefits designed to suit your lifestyle and spending habits.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $53,486,855. We simplify the process of buying or refinancing a home so that you can focus on what truly matters creating memories in your new space.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. This tool is designed to help you make informed decisions without the usual stress of searching through numerous lenders. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This approach guarantees that you receive fair and transparent offers based on the latest available information (Source: https://www.ncua.gov). By working only with verified financial institutions, LendMesh builds a foundation of trust and reliability. One significant benefit of using LendMesh is the Verified Data feature. All loan offers are sourced from legitimate financial institutions, ensuring transparency in what you see and consider. Additionally, LendMesh does not prioritize lenders based on paid promotions; there are No Sponsored Listings. This commitment to unbiased results means you can confidently explore options without worrying about hidden agendas or favoritism. Another advantage is the Real-Time Rate Comparisons. You get up-to-date loan rates from multiple institutions, which helps you spot the best deals quickly. For many users, this means not just saving time but also potentially saving money over the life of their loans. 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!" Such testimonials highlight how effective and user-friendly the platform is. 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.

Levo