Select Employees Credit Union Sterling IL | Best Auto Loans & Business Banking

Introduction

Welcome to Select Employees Credit Union, your trusted financial partner located at 2412 Freeport Rd, Sterling, IL 61081. Since our establishment in 1957, we have dedicated ourselves to serving our members with integrity and care. With a community of over 5,600 members, we pride ourselves on being more than just a credit union; we're a part of your journey towards financial well-being. At Select Employees Credit Union, we understand the importance of having a reliable place for your banking needs. Our total assets stand at an impressive $66,779,578, reflecting our commitment to sound financial practices and member satisfaction. Whether you're looking for personal loans, auto financing, or business banking solutions, we offer a variety of services designed to meet your needs. Currently, our total loans amount to 128,252, and our deposits total $11,857,097 figures that showcase the trust our members have in us. Our leadership team is here to support you every step of the way. Under the guidance of CEO Susan Branch and Board President Richard Douglas, we aim to provide personalized service that makes banking simple and accessible. You can count on us for everything from checking accounts to mortgage loans all while enjoying the convenience of online and mobile banking options. While members can visit us at our branch location, official correspondence should be sent to our mailing address: P.O. Box 636, Sterling, IL 61081-7626. We invite you to reach out or stop by during our lobby hours Monday through Friday from 9 AM to 5 PM and Saturday from 9 AM to 12 PM to discover how we can assist you. For more information or immediate assistance, feel free to call us at 815-626-8181 or explore our website at Select Employees Credit Union. Your financial future starts here!

Branch History & Mission

Commitment to Community

At Select Employees, we are proud to be an active participant in the Sterling community. Through partnerships with local organizations and initiatives aimed at enhancing financial literacy, we work hard to create positive change. Our team is passionate about making a difference, whether it's helping someone secure their first home or guiding them through managing their finances effectively. We also understand the importance of technology in today's world. That's why we've invested in digital banking solutions that allow our members to manage their accounts easily and securely from anywhere. With features like online banking and mobile payments available, we're dedicated to providing convenient access while ensuring ADA compliance for all users.

Our Story

Since our inception, Select Employees has dedicated itself to providing outstanding financial services tailored to the needs of our members. Over the years, we have built a legacy of trust and support by offering a wide range of services, including checking and savings accounts, auto loans, mortgages, and personal loans. With total assets reaching an impressive $66,779,578, we have established a strong foundation that allows us to invest in our community while ensuring our members' financial well-being. Our mission is clear: we strive to empower individuals and families by providing them with the financial tools they need to succeed. We believe in fostering a sense of belonging and support within our membership base. Our approach is simple putting people first. Whether it's through affordable lending options or community outreach programs, we aim to uplift those around us.

Visit Us

While members can visit us at 2412 Freeport Rd, official correspondence should be sent to P.O. Box 636, Sterling, IL 61081-7626 if different from our branch address. You can reach us at (815) 626-8181 during our operating hours: Monday through Friday from 9:00 AM to 5:00 PM and Saturday from 9:00 AM to 12:00 PM. Join us on this journey! Experience firsthand the benefits of being part of Select Employees Credit Union. Together, let's build a brighter financial future for you and your family! For more information about membership eligibility or how to open an account, please visit our website.

Branch Location & Accessibility

Connect With Us

If you have any questions or would like more information about our services, don't hesitate to reach out! Call us at 815-626-8181 or visit our website at selectcu.com. We're here to help you every step of the way! While members can visit us at 2412 Freeport Rd for all their banking needs, official correspondence should be sent to P.O. Box 636, Sterling, IL 61081-7626. We look forward to welcoming you soon!

Convenient Access and Features

At Select Employees, we prioritize accessibility. Our branch is designed with features that cater to everyone, including ADA-compliant entrances and ample parking spaces. Whether you're visiting us for personal banking or to discuss loan options, you'll find that getting here is a breeze. For those on the go, we offer convenient drive-thru banking services. You can easily handle deposits, withdrawals, and other simple transactions without leaving your car. Plus, our ATM is available for quick cash withdrawals and balance inquiries whenever you need it.

Operating Hours That Suit Your Schedule

We understand that life can be busy. That's why our lobby hours are designed to accommodate your schedule. We're open Monday through Friday from 9:00 AM to 5:00 PM and on Saturday from 9:00 AM to 12:00 PM. Our drive-thru service operates Monday through Friday from 8:00 AM to 5:00 PM, giving you flexibility throughout the week.

Member Eligibility

At Select Employees, we believe that everyone deserves a chance to be part of a supportive and thriving community. Becoming a member is easy and welcoming! To qualify, you simply need to be an employee of certain select groups or organizations, or have family members who are already part of our credit union family. This ensures that our members are connected and share similar values, making it a truly special place to bank. For more detailed eligibility criteria, feel free to check out our resource at http://www.selectcu.com/about-us/membership-eligibility. Joining us not only provides you with access to a range of financial services, but also allows you to benefit from personalized support and competitive rates that can help you achieve your financial goals. If you're ready to take the next step, opening an account is a breeze! You can start the process by visiting https://bsdc.onlinecu.com/select/#/sign-up or give us a call at (815) 626-8181 if you have any questions. We're located at 2412 Freeport Rd Sterling Il 61081, and we can't wait to welcome you into our community!

Business Banking & Commercial Services

Financing 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. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

Imagine a seamless checkout experience for your customers. Our merchant services allow you to accept payments easily, whether it's in-store or online. This not only enhances customer satisfaction but also helps you manage cash flow more effectively. Let Select Employees be your partner in success. Visit us at 2412 Freeport Rd Sterling Il 61081 or call us at (815) 626-8181 to learn how we can help your business thrive!

Comprehensive List Of Services

Borrowing Made Easy

Sometimes unexpected expenses arise, which is why we offer personal loans and debt consolidation options. These services can help you regain control over your finances by allowing you to consolidate multiple debts into one manageable payment. Plus, our credit cards with rewards give you the chance to earn while you spend, making everyday purchases more rewarding.

Business Banking

For our business members, we provide comprehensive banking solutions tailored just for you. Our business banking services, including merchant services and business loans, are designed to help your company thrive in today's competitive market.

Digital Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking features. You can access your accounts anytime, anywhere whether it's checking balances, transferring funds, or paying bills. Our ATM services also ensure that cash withdrawals are just a few taps away, giving you flexibility without hassle.

Easy Transactions at Your Fingertips

If you're visiting us in person, our basic drive-thru service allows for quick deposits and withdrawals without leaving your vehicle. We also have basic ATM access for simple transactions like balance checks or cash withdrawals. At Select Employees, we strive to meet all your banking needs under one roof. If you're interested in learning more about any of these services or if you have questions about how we can assist you further, don't hesitate to reach out! Call us at (815) 626-8181 or visit us online at https://www.selectcu.com. We look forward to serving you!

Personal Banking Solutions

Our personal banking services are designed to simplify your financial life. With checking and savings accounts, you can easily manage your funds and plan for your goals. Need a little extra help? Our auto loans and vehicle financing options make it easy to drive away in the car you want without straining your budget. For those significant life events, consider our mortgage loans and refinancing services, helping you secure a home that fits your lifestyle.

Digital & Online Banking

Accessibility and Real-Time Management

Our commitment to accessibility means that you can manage your accounts whenever it suits you. Whether you're checking your account balance early in the morning or making a payment late at night, our online banking services are available around the clock. This real-time management helps you stay on top of your finances without any hassle. In conclusion, Select Employees is dedicated to providing secure and convenient digital banking solutions tailored for our members. Explore all our offerings today at https://www.selectcu.com and experience how easy banking can be!

Key Services

Our online banking features allow you to check balances, pay bills, and transfer money all from the comfort of your home or on the go. You can sign up for e-statements, which means no more waiting for paper statements in the mail. Instead, you'll receive them electronically, making it easy to keep track of your finances while being eco-friendly. And don't worry about security; we prioritize keeping your information safe. If you're always on the move, our mobile application is perfect for you. It's user-friendly and includes features like mobile payments, allowing you to make purchases directly from your phone. Plus, with person-to-person transfers, sending money to friends or family is quick and straightforward no need for cash or checks!

Financial Strength

Growing Together

Total Share and Deposit Accounts: 9,787, show a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $0. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Select Employees is your trusted partner. Visit us at 2412 Freeport Rd Sterling Il 61081 or call (815) 626-8181 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

Members' savings are secured through $1,596,196 in share certificates and $5,220,104 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 $316,958 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 13 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvesting in Your Future

With $6,729,303 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 your financial goals with $87,913 in used auto loans and $42,606,249 in total loans and leases.

Solid Financial Health

With a net worth of $7,886,673, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 11.80% 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

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $14,127,177 in used vehicle loans and $9,147,491 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new vehicle or a reliable used one, we are here to assist you every step of the way.

Credit Lines

In addition to these loan options, we provide credit lines with a total value of $1,710,000. This is perfect for those unexpected expenses or projects that require immediate funding without the hassle of applying for a traditional loan. If you're considering refinancing any existing loans or exploring eligibility options for our products, please reach out to us at (815) 626-8181. Our knowledgeable staff can guide you through available choices tailored specifically for your financial situation. At Select Employees, we prioritize making banking easy and accessible. 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 us today to learn more about how our loan offerings can support your journey toward financial success!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $5,920, make buying or refinancing simple. We provide personalized support to help you navigate the mortgage process efficiently.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $971,468 in loans helping members manage their finances effectively. These cards can be an excellent tool for building credit while enjoying convenient access to funds when you need them.

Loan Aggregator

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). This commitment ensures that users receive fair and transparent offers. Every loan comparison is grounded in verified information, allowing you to trust the data presented.

Key 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 quickly. 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 testimonial highlights the effectiveness and reliability of the tool. 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.*

SELECT EMPLOYEES CREDIT UNION - Sterling, IL

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