Scott Credit Union O’Fallon IL | Best Auto Loans & Business Banking

Introduction

Welcome to Scott, your trusted partner in financial well-being, located at 712 E Highway 50, O'Fallon, IL 62269. Established in 1943, we have proudly served our community for over 80 years, building a strong foundation of trust and reliability among our 143,922 members. With total assets exceeding $1.7 billion and total deposits reaching $270,795,505, we are committed to providing a secure banking experience that meets the diverse needs of our members. At Scott, we understand that your financial journey is unique. That's why we offer a wide range of services from personal banking options like checking and savings accounts to auto loans and mortgage refinancing. Our dedicated team of 342 employees, led by CEO Frank Padak and Board President Lawrence Haffner, is here to support you every step of the way. Whether you need assistance with everyday banking or specialized services like business loans, we are ready to help. While members can visit us at our branch location, official correspondence should be sent to the same address: 712 E Highway 50, O'Fallon, IL 62269-2812. With a net worth of $168,213,711 and cash in hand amounting to $11,690,865, we prioritize your financial security while continuously striving to enhance your member experience. Our commitment extends beyond just numbers; it reflects our dedication to making a positive impact in the community through various initiatives and partnerships. If you're looking for a reliable credit union that truly cares about its members, look no further than Scott! Feel free to reach out to us at 800-888-4728 or visit our website at scu.org for more information on how we can assist you today. Your financial future starts here!

Branch History & Mission

At Scott Credit Union, we are proud of our rich legacy that began in 1943. Since our inception, we have grown from a small credit union to a thriving financial institution dedicated to serving our community in O'Fallon, IL. Our branch, located at 712 E Highway 50, has become a cornerstone for many families and individuals seeking reliable financial services. Over the years, we've achieved significant milestones that reflect our commitment to our members. With a total membership of over 143,000 and assets reaching $1.7 billion, we have established ourselves as a leader in the financial sector. Our mission is straightforward yet profound: to provide exceptional financial services while supporting the communities we serve. We believe that everyone deserves access to affordable banking options and the tools needed for financial success. At Scott Credit Union, our operating hours are designed to accommodate your busy lifestyle. We are open Monday, Tuesday, Thursday, and Friday from 9 AM to 6 PM, Wednesday from 10 AM to 6 PM, and Saturday from 9 AM to 1 PM. This accessibility ensures that you can meet your banking needs when it's most convenient for you. For those who prefer digital banking solutions, we offer online and mobile banking services that empower you to manage your finances anytime, anywhere. We understand the importance of community involvement. Through various partnerships and outreach efforts, we actively contribute to local initiatives that uplift residents and strengthen O'Fallon. Whether it's sponsoring events or providing educational resources on financial literacy, our goal is to make a positive impact in the lives of those around us. While members can visit us at 712 E Highway 50 O Fallon Il 62269, official correspondence should be sent to 712 E Highway 50, O Fallon, IL 62269-2812 if it differs. If you need assistance or want to learn more about what we offer, don't hesitate to reach out at 800-888-4728. Join us at Scott Credit Union and experience firsthand how we're not just about transactions; we're about building relationships and fostering growth within our community. Together, let's pave the way for a brighter financial future!

Branch Location & Accessibility

Welcome to the Scott branch of your local credit union, conveniently located at 712 E Highway 50 in O'Fallon, IL. Our location is easy to find and accessible for all members of the community. Whether you're just passing through or a long-time resident, we're here to serve you with friendly and knowledgeable staff ready to assist with all your banking needs. Our branch is situated near several local landmarks, making it a familiar spot for many. If you're looking for convenient parking, you'll find ample space available right outside our entrance. We also prioritize accessibility, featuring ADA-compliant facilities and ramps to ensure everyone can easily access our services. At Scott Credit Union, we understand that convenience is key. That's why we offer a drive-thru service for those who prefer banking from their vehicles. Our lobby hours are set to accommodate your busy schedule: we're open Monday, Tuesday, Thursday, and Friday from 9 AM to 6 PM; Wednesday from 10 AM to 6 PM; and Saturday from 9 AM to 1 PM. If you need assistance outside of these hours, don't hesitate to reach out by phone at 800-888-4728. Additionally, our branch features an ATM for quick cash withdrawals and balance inquiries. While members can visit us at 712 E Highway 50 for all in-person transactions, official correspondence should be sent to the same address as our mailing address. We invite you to stop by the Scott branch today! Our team is excited to meet you and help you explore all the personal and business banking services we offer. Join us in making your financial journey smooth and rewarding!

Member Eligibility

At Scott, we believe that everyone deserves a place to call home for their financial needs. Becoming a member is like joining a supportive family where your goals and aspirations matter. If you live, work, worship, or attend school in the area around 712 E Highway 50 O Fallon Il 62269, you're already on your way to enjoying the benefits of membership! We welcome individuals from all walks of life, and our friendly team is here to help you navigate the process with ease. For detailed eligibility criteria, please check out our resource at https://www.scu.org/membership/. Ready to take the next step? Opening an account with us is simple! Just visit our account opening page at https://app.loanspq.com/apply.aspx?lenderref=scottcu072120&noencrypt=&list=sastcchexaplvlcb to get started. If you have any questions, feel free to reach out at (800) 888-4728. We're excited to have you join our community at Scott!

Business Banking & Commercial Services

Commercial Loans

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $62 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $6 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $15,134,267, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In today's fast-paced environment, efficient payment processing is crucial. Our merchant services simplify transactions, allowing you to focus on what matters most running your business. Imagine effortlessly accepting payments from customers while tracking sales data all in one place. This practical solution not only enhances customer experience but also provides insights that can guide your business decisions. For more information about how our business banking and commercial services can support your venture, visit us at 712 E Highway 50 O Fallon Il 62269 in O Fallon, IL, or call us at (800) 888-4728. Let's grow together!

Comprehensive List Of Services

Banking at Your Convenience

In today's fast-paced world, convenience is key. That's why at Scott, we offer robust online and mobile banking features so you can manage your finances anytime, anywhere. Whether it's checking your balance from your phone or transferring funds online, we ensure that accessing your account is simple and hassle-free. Our branch also features an ATM for cash withdrawals and balance checks, as well as a drive-thru service for quick transactions like deposits and withdrawals. This allows you to complete basic banking tasks without stepping inside the branch ideal for busy days when time is limited.

Get Started Today!

Ready to take control of your financial future? Call us at 800-888-4728 or visit us at our O'Fallon branch to learn more about how our services can benefit you. Explore our offerings further by visiting our website. At Scott, we're here not just to serve you but also to support you in achieving all your financial goals!

Personal Banking Made Easy

When it comes to personal banking, we offer essential services such as checking and savings accounts that can help you manage your day-to-day finances efficiently. Imagine having the peace of mind that comes with knowing your money is secure while also earning interest. Our auto loans and vehicle financing options are designed to get you on the road quickly and affordably. Whether you're buying a new car or refinancing an existing loan, we have competitive rates that suit various budgets. If homeownership is on your mind, our mortgage loans and refinancing services provide flexible solutions tailored to fit your lifestyle. We understand that every family has unique needs; that's why our loan officers work closely with you to find the best options available.

Support for Your Financial Goals

In addition to traditional banking services, we also offer personal loans for those moments when unexpected expenses arise or if you need assistance with debt consolidation. Our credit cards with rewards are perfect for those who want to earn points while making everyday purchases it's like getting rewarded for spending! For our business members, Scott provides comprehensive business banking solutions including merchant services and business loans designed to help you grow your enterprise. We recognize that small businesses are the backbone of our community, and we are dedicated to supporting their success.

Digital & Online Banking

Key Services

With our user-friendly online platform, you can easily access e-statements, allowing you to keep track of your finances without the clutter of paper statements. Plus, for those moments when you need to sign documents quickly, our electronic signature authorization feature provides a safe and efficient way to complete transactions. Managing your money on the go has never been easier thanks to our mobile application. You can check balances, transfer funds, and even make person-to-person payments with just a few taps on your smartphone. If you're someone who enjoys using mobile payment options, you'll be pleased to know that we support mobile payments too making purchases as simple as a quick swipe.

Security and Support

Your security is our top priority. We utilize advanced technology to ensure that all your transactions are protected while providing easy access to your accounts. Our team is always ready to assist you with any questions or concerns you may have, ensuring that you feel supported every step of the way. Whether you're checking your balance or making a quick transfer, Scott is here to help you manage your money with confidence. Join us today and experience the ease of digital banking!

Financial Strength

At Scott, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We pride ourselves on our solid financial foundation, which allows us to serve you with confidence and reliability. With a net worth of $168,213,711, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $978 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $342,757,828 in share certificates and $146,114,532 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. With $155,172,338 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment is further reflected in our lending capacity; with $52,597 in used auto loans and $1,165,972,875 in total loans and leases, we support members' financial goals across various sectors. Our financial performance is robust; our $7,743,293 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 341 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. With Net Shares available for lending and investments totaling $1,311,582, along with a growing member base reflected by 263,424, your trust in us is met with dedicated service and sound financial practices. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Scott is your trusted partner. Visit us at 712 E Highway 50 O Fallon Il 62269 or call (800) 888-4728 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.*

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $426,233,995 in used vehicle loans and $150,769,463 in new vehicle loans already helping members get on the road. We also provide refinancing options to help you reduce your monthly payments or access cash for other needs.

Business Financing

If you're a business owner, our outstanding commercial loans totaling $15,134,267 provide the capital needed to grow and expand. We understand the challenges businesses face and aim to offer tailored financing solutions that meet your specific requirements. Our team at Scott, located at 712 E Highway 50 O Fallon Il 62269 in O Fallon, IL, is ready to assist you with any questions regarding eligibility and application processes. You can reach us at (800) 888-4728 during our operating hours: Monday, Tuesday, Thursday, Friday from 9 AM to 6 PM; Wednesday from 10 AM to 6 PM; and Saturday from 9 AM to 1 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. Visit our website at https://www.scu.org/ to learn more about our loan offerings or apply online today!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $62,549,849, make buying or refinancing simple. We are committed to guiding you through every step of the mortgage process, ensuring you find a solution that fits your budget and lifestyle.

Unsecured Credit Card Loans

For those looking for flexibility in managing their finances, we also offer unsecured credit card loans with a total of $40,814,381 available. These loans can be an effective way to cover unexpected expenses or consolidate debt without needing collateral.

Loan Aggregator

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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 ensures that all offers presented are fair and transparent, aligning with industry regulations. Users can trust that they are viewing accurate information that reflects current market conditions.

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