Introduction
Welcome to Siu, your trusted credit union located at 300 N Pershing St, Energy, IL 62933. Since our establishment in 1938, we have proudly served our community with a commitment to providing exceptional financial services tailored to meet the needs of our members. With a total membership of 44,800 and assets exceeding $497 million, Siu stands as a pillar of support in the Energy area. At Siu, we believe that every member deserves access to quality financial solutions. That's why we offer a wide range of services, including checking and savings accounts, auto loans, mortgage options, personal loans, and business banking solutions. Our dedicated team of 120 employees, led by CEO Mike Lantrip and Board President Christopher Sievers, is here to help you navigate your financial journey with confidence. We take pride in our strong financial health, boasting total deposits of $67,126,640 and a net worth of $58,183,336. Our dedication to responsible lending has resulted in over 154,304 loans issued to date, helping individuals and families achieve their dreams while maintaining a healthy balance sheet with no borrowings. While members can visit us at our branch location, official correspondence should be sent to our mailing address: PO Box 2888, Carbondale, IL 62902. Whether you're looking for competitive loan rates or convenient online banking options, Siu is here for you. Join us as we continue to support our community's financial well-being. For any inquiries or assistance, feel free to call us at 618-942-8261. We look forward to welcoming you!
Financial Strength
At Siu, 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 are proud to share that our performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $58,183,336, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 11.70% 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 $95,560,983 in share certificates and $87,252,432 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 $52,969,330 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 currently have $99,842 in used auto loans and $325,763,394 in total loans and leases available to support your financial goals across various sectors. Our operational efficiency is reflected in our $1,913,985, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 102 full-time employees and 18 part-time employees who are always ready to serve you with a knowledgeable, committed team. In addition to this strong workforce, our net shares (funds available for lending and investments) amount to $10,484,524. This solid foundation is complemented by a growing member base evident from our total share accounts of 76,759 that trust us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Siu is your trusted partner. Visit us at 300 N Pershing St Energy Il 62933 or call (618) 942-8261 to learn more about how we can help you achieve your financial goals.
