Service First Credit Union Sioux Falls SD | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Service First, your trusted partner in financial wellness, located at 1300 N Morrell Ave, Sioux Falls, SD 57103. Since our establishment in 1934, we have proudly served our community by offering a wide range of financial services tailored to meet the needs of our members. With a commitment to fostering financial growth and stability, we have built a strong membership base of over 17,455 individuals who rely on us for their banking needs. At Service First, we understand that each member is unique. That's why we provide personalized solutions, whether you're looking for checking and savings accounts, auto loans, mortgage financing, or business banking options. Our total assets stand at an impressive $200,051,859, ensuring that we have the resources to support your financial journey. Our dedicated team of 62 employees, led by CEO Travis Kasten and Board President Kyle Scholten, works diligently to create a welcoming environment where you can feel secure in your financial decisions. We invite you to visit us or reach out via phone at 605-336-3775 to learn more about how we can assist you. While members can visit us at our branch location, official correspondence should be sent to 1300 Morrell Avenue, Sioux Falls, SD 57103. We're here to help you every step of the way with services designed just for you! Explore our offerings today by visiting our website at Service First. Your financial future starts here!

Branch History & Mission

At Service First, our journey began in 1934, rooted in the vibrant community of Sioux Falls, SD. Over the years, we have grown from a small credit union into a trusted financial partner for over 17,000 members. Our branch, located at 1300 N Morrell Ave, has been a cornerstone for financial support and guidance in the area. We are proud to serve not just as a financial institution but as a community hub where members can come together to achieve their financial goals. As we reflect on our history, we celebrate our milestones that have shaped who we are today. From humble beginnings to amassing total assets of over $200 million, our commitment has always been towards providing exceptional service and fostering financial literacy among our members. Our branch is designed with the needs of our community in mind, featuring convenient ATM access for quick transactions and dedicated operating hours that cater to your busy schedule: Monday through Wednesday from 9:00 AM to 4:30 PM and Thursday through Friday from 8:00 AM to 5:30 PM. At Service First, our mission is clear: we are dedicated to empowering our members through personalized banking solutions while enhancing their lives and the community around us. We offer a variety of services including checking and savings accounts, auto loans, mortgage options, personal loans, and business banking solutions. Each product is designed with the member's best interest at heart. While members can visit us at our branch address, official correspondence should be sent to our mailing address at 1300 Morrell Avenue, Sioux Falls, SD 57103. We also understand the importance of staying connected in today's fast-paced world; that's why we provide robust online and mobile banking options that allow you to manage your finances anytime, anywhere. Community outreach is integral to who we are. We strive to build partnerships within Sioux Falls and support local initiatives that uplift those around us. Our efforts range from educational workshops that promote financial literacy to collaboration with local organizations aimed at making a meaningful impact. As we look toward the future, we invite you to join the Service First family. Experience firsthand how we prioritize your needs while making a difference in our community. Together, let's build a stronger financial future for all! Call us at 605-336-3775 or visit our website today to learn more about membership opportunities!

Branch Location & Accessibility

Welcome to the Service First branch located at 1300 N Morrell Ave in beautiful Sioux Falls, South Dakota! Our branch is easily accessible and positioned near popular local landmarks, making it a convenient stop for all your banking needs. Whether you're headed to a nearby shopping center or just taking a stroll around the neighborhood, we invite you to drop by. While members can visit us at our main location, official correspondence should be sent to 1300 Morrell Avenue, Sioux Falls, SD 57103. Parking is readily available for your convenience, and our facility is designed with accessibility in mind, ensuring that everyone can access our services comfortably. At Service First, we pride ourselves on being open when you need us. Our lobby hours are Monday through Wednesday from 9:00 AM to 4:30 PM and Thursday through Friday from 8:00 AM to 5:30 PM. Feel free to reach out at 605-336-3775 if you have any questions or need assistance. We also offer ATM services for quick cash withdrawals and balance checks right outside our branch. While we do not have drive-thru banking at this location, our friendly staff is always ready to assist you inside. We're dedicated to providing personal banking services including checking and savings accounts, auto loans, mortgage options, credit cards with rewards, and business banking solutions. Your financial journey matters to us! We encourage you to stop by our branch or give us a call today. Join the Service First family and experience the difference in community-focused banking!

Member Eligibility

Joining the Service First family is more than just opening an account; it's about becoming part of a supportive community that values your financial well-being. If you live, work, worship, or attend school in Minnehaha County or have a family member who is already a member, you're eligible to join us! We believe in making banking accessible for everyone, and our commitment to our members means you'll enjoy personalized service and a range of financial products designed to help you thrive. For more detailed eligibility criteria, feel free to check out our website at http://www.servicefirstfcu.org/membership . When you're ready to take the next step toward membership, opening an account with us is simple and straightforward. Just visit our application page at http://www.servicefirstfcu.org/apply , or give us a call at (605) 336-3775 if you have any questions. We're here to guide you through the process and ensure you feel welcomed every step of the way. Come by our branch located at 1300 N Morrell Ave Sioux Falls Sd 57103, and let's start this journey together!

Business Banking & Commercial Services

Loan Options for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $44 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $4 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $10,695,623, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Work for You

In addition to loans, we offer comprehensive merchant services that streamline payment processing. Imagine a busy Saturday at your café having the ability to accept various payment methods easily can enhance customer satisfaction and boost sales. Our services help you manage transactions efficiently so you can focus on what you do best: running your business. Located at 1300 N Morrell Ave Sioux Falls Sd 57103 in Sioux Falls, SD, we invite you to explore how our tailored solutions can empower your business. Contact us today at (605) 336-3775 to learn more about how we can support your journey!

Comprehensive List Of Services

Business Services

If you're a business owner, we have you covered too! Our business banking services, which include merchant services and business loans, are tailored to help your venture grow. We understand the unique challenges businesses face and are dedicated to offering solutions that work for you.

Conclusion

At Service First, we're not just about banking; we're about building relationships that last. We invite you to explore all the ways we can support you financially. Whether you're looking for personal banking solutions or business services, we have something for everyone. To learn more about how we can assist you or to open an account today, please visit us at Falls Landingl Branch or call us at (605) 336-3775. Join us in achieving your financial goals together!

Digital Banking Convenience

In today's fast-paced world, convenience is key. With our robust online and mobile banking features, managing your finances has never been easier. You can access your accounts anytime, anywhere whether it's checking balances, making transfers, or paying bills all from the palm of your hand. Plus, our ATM services provide easy access for cash withdrawals and balance checks without any hassle.

Loans and Credit Options

Sometimes life throws unexpected expenses your way. Our personal loans and debt consolidation services are here to provide relief when you need it most. Additionally, our credit cards with rewards allow you to earn while you spend, making every purchase count towards your next big reward.

Personal Banking

Managing your personal finances is easier with our various banking options. We offer checking and savings accounts designed for everyday use, helping you keep track of your funds effortlessly. If you're considering buying a new car or need assistance with vehicle financing, our auto loans provide competitive rates and flexible terms to fit your lifestyle. For those planning to purchase a home, our mortgage loans and refinancing options can help make that dream a reality.

Digital & Online Banking

Key Features for Your Convenience

Our services include electronic signature authorization, allowing you to sign documents safely from the comfort of your home. Plus, with e-statements available, you can keep track of your finances without the hassle of paper clutter. If you're on the go, our mobile application ensures that all of your banking needs are just a tap away, whether you're making mobile payments or sending money to friends through person-to-person transfers. Security is always a priority at Service First. We utilize advanced technology to protect your information while providing a user-friendly experience. You can manage your accounts in real-time, ensuring that you're always in control of your finances. We believe that banking should be accessible to everyone. With features like our mobile payments option and the ability to open accounts online, we strive to make your financial journey as smooth as possible. Whether you're checking balances or making transactions, our digital banking solutions are designed with you in mind. Explore all these benefits and more by visiting us at https://www.servicefirstfcu.org/ today!

Financial Strength

A Solid Foundation

With a net worth of $17,178,082, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $859 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Efficient Operations

Our commitment to operational efficiency is evident with a net income of $620,207, which allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 60 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Growing Together

Total Share Accounts stand at 28,775, showcasing a strong and growing member base that trusts us with their finances. With net shares amounting to $12,931,196, we have funds available for lending and investments that further enhance our service offerings. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Service First is your trusted partner. Visit us at 1300 N Morrell Ave Sioux Falls Sd 57103 or call (605) 336-3775 to learn more about how we can help you achieve your financial goals.

Member-Centric Resources

Members' savings are secured through $20,752,231 in share certificates and $8,972,842 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.

Reinvesting for Better Services

With $16,557,875 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; we have $3,699 in used auto loans and $126,353,463 in total loans and leases available to support your financial goals across various sectors.

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 $58,241,215 in used vehicle loans and $21,924,717 in new vehicle loans, helping members get on the road confidently. Whether you're interested in financing a brand-new model or a reliable pre-owned vehicle, we can guide you through the process.

Business Financing

For business owners seeking growth opportunities, our outstanding commercial loans totaling $10,695,623 provide the capital needed to expand operations and invest in future projects. If you're considering refinancing any existing loans or need assistance determining your eligibility for these products, feel free to reach out! Our team is ready to assist you every step of the way. For more details about our loan offerings or to start your application process today, please call us at 605-336-3775 or visit our website at Service First. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. Your financial journey starts here with Service First let's work together towards achieving your aspirations!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We provide Junior Lien 1-4 Family Residential Properties loans totaling $4,556,211. These options are designed to fit your unique circumstances and help you secure the home you've always wanted.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans. Although currently we have no outstanding amounts in this category, our credit card services are designed to help members manage their finances effectively when they do become available.

Loan Aggregator

Benefits of Using LendMesh

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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 commitment to sourcing ensures fair and transparent offers. By using verified data, LendMesh helps users feel confident that they are comparing legitimate loan offers.

SERVICE FIRST FEDERAL CREDIT UNION