Dedicated Team
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. Each member of our staff is dedicated to helping you achieve your financial aspirations.
Focused on Members
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. This member-centric approach allows us to reinvest profits back into enhancing your banking experience.
Growing Membership Base
Total Share and Deposit Accounts: 68,744, showing a strong and growing member base that trusts us with their finances. This growth reflects the confidence that members have placed in Levo, which motivates us to continuously enhance our services. 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) 334-2471 to learn more about how we can help you achieve your financial goals.
Lending Capacity
With $7,650 in used auto loans and $323,477,391 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Whether you're purchasing a vehicle or financing a personal project, we're here to help make it happen.
Operational Efficiency
Our $866,876 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. A strong net income allows us to invest further into improving your banking experience.
Reinvesting for 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. This reinvestment strategy supports the growth of services tailored specifically for you.
Secure Savings Options
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. Your deposits are safe with us, providing peace of mind as you save for your future.
Solid Net Worth
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 commitment to sound financial practices ensures that your funds are managed wisely.
Strong Capital Foundation
Our net worth ratio of 10.68% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. This ratio is a key indicator of our ability to withstand economic fluctuations while serving our community.
