South Metro Credit Union Edina MN | Best Auto Loans & Business Banking

Introduction

Welcome to South Metro, your trusted financial partner located at 7500 York Ave S, Edina, MN 55435. Since opening our doors in 1993, we've been dedicated to serving our community with reliable banking solutions tailored to meet your needs. With a proud membership of 4,994 individuals and total assets reaching an impressive $179,883,921, we stand as a testament to the strength and stability that credit unions can offer. At South Metro, we understand that every member's journey is unique. That's why we provide a variety of services including personal banking, auto loans, mortgage financing, and business banking options all designed to support you at every stage of your financial life. Our commitment to excellence is reflected not only in our services but also in our robust financial health: we hold $18,927,577 in deposits and have successfully managed 3,710 loans and leases for our members. Our dedicated team of 27 employees, led by CEO B Don Crofut and Board President Scott Gaughran, works tirelessly to ensure that you receive the highest level of service possible. We take pride in fostering a welcoming environment where you can feel confident discussing your financial goals. While you can visit us at our branch for all your banking needs, please note that official correspondence should be sent to our mailing address: 2573 Credit Union Dr, PRIOR LAKE, MN 55372. Ready to take control of your financial future? Give us a call at 952-445-0888 or explore our services online at South Metro. We're here to help you thrive!

Branch History & Mission

At South Metro, we take pride in our rich history and commitment to our community. Established in 1993, our branch has been a cornerstone of financial support for residents in Edina, MN. Located at 7500 York Ave S, we are easily accessible for our members, who have seen us grow over the years into a trusted financial partner. From humble beginnings, South Metro has evolved significantly. Today, we serve nearly 4,994 members and manage total assets amounting to an impressive $179,883,921. Our journey reflects not just growth in numbers but also a deepening relationship with the community we serve. We believe that financial services should empower individuals and families to achieve their dreams. That's why we focus on offering a range of products tailored to meet the diverse needs of our members, including personal banking services, auto loans, mortgages, and business banking solutions. Our mission is simple yet powerful: to provide affordable financial services while fostering community connections. We strive to create a welcoming environment where every member feels valued and supported. This commitment goes beyond transactions; we engage actively with local organizations and initiatives that make Edina a better place to live. For those needing to reach us by mail, while members can visit us at 7500 York Ave S, official correspondence should be sent to 2573 Credit Union Dr, PRIOR LAKE, MN 55372. As we look forward to the future, we continue embracing digital advancements that enhance member experience. With features like online banking and mobile payments available, managing finances has never been easier. Our branch operates on Mondays from 9 AM to 12 PM, offering convenient access for all. We invite you to join us at South Metro. Experience firsthand how our services can help you navigate your financial journey while being part of a community-focused credit union dedicated to making a difference. Together, let's build a brighter financial future! For more information or to become a member today, visit South Metro.

Branch Location & Accessibility

Convenient Access and Features

At South Metro, we prioritize your convenience. Our branch is designed with accessibility in mind, featuring ADA-compliant entrances and ramps. Plus, parking is readily available, so you can pop in without a hassle. We understand that time is precious; that's why we're open on Mondays from 9 AM to 12 PM. While we currently do not offer ATM services or drive-thru banking, our friendly staff is always ready to assist you inside the branch. Whether you're looking to open a checking account, apply for an auto loan, or explore mortgage options, we're here to guide you every step of the way.

Explore Our Services

Our range of services includes personal banking options like checking and savings accounts, as well as vehicle financing and credit cards with rewards. For business owners, we provide merchant services and business loans tailored to your needs. With online and mobile banking available, managing your finances has never been easier. We invite you to stop by or give us a call at 952-445-0888 if you have any questions or need assistance. Come experience the welcoming atmosphere at South Metro where your financial goals are our priority!

Member Eligibility

At South Metro, we believe that everyone deserves a supportive financial community, and becoming a member is your first step into a world of opportunities. If you're looking to join us, eligibility is straightforward and welcoming. Generally, anyone who lives, works, or worships in our local area can become a member. This includes individuals from all walks of life, so whether you're just starting out or looking to enhance your financial journey, you're welcome here! To get the full scoop on eligibility details, feel free to check out this resource: https://www.southmet.com/become-a-member/#how. Once you're ready to take the leap and open an account, the process is simple and user-friendly. You can find all the necessary steps to get started at https://secure-southmet.com/enrollonline/enrollchoice.aspx. If you have any questions or need assistance along the way, don't hesitate to reach out to us at (952) 445-0888. We're here to help you every step of the way as you embark on your journey with South Metro, located at 7500 York Ave S Edina Mn 55435. Join us today and experience the benefits of being part of our community!

Business Banking & Commercial Services

At South Metro, we understand that every business has its unique story and needs. Whether you're just starting out or looking to expand, having the right financial partner can make all the difference. Our commercial loan options are designed to help you navigate your journey toward success. Imagine a local café that wants to renovate its space to serve more customers. With our support, they secured a member commercial loan, allowing them to transform their vision into reality. In fact, we've funded over $127 in commercial loans for our members, helping businesses scale and succeed. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: We also support the broader business community with $1 in non-member commercial loans, providing flexible financing solutions. With an outstanding commercial loan portfolio of $6,142,178, we continue to drive economic growth by financing new and expanding businesses. In addition to loans, our merchant services offer practical benefits like easy payment processing and tailored solutions to fit your business model. This ensures you can focus on what matters most growing your business. Located at 7500 York Ave S Edina Mn 55435 in Edina, MN, we're here to support you every step of the way. Reach out today at (952) 445-0888 and discover how we can help turn your business goals into reality!

Comprehensive List Of Services

Business Banking Solutions

For entrepreneurs, our Business Banking services include Merchant Services & Business Loans designed to support small businesses in thriving within their communities. Whether you need funding for expansion or tools to manage transactions efficiently, we're here to help your business succeed.

Convenient Online Access

In today's fast-paced world, having access to banking from anywhere is vital. Our Online & Mobile Banking features ensure that you can manage your accounts whenever it suits you. With options like mobile payments and person-to-person transfers, banking with us is not just efficient but also user-friendly. While we currently do not offer ATM services at this branch, our commitment remains focused on providing exceptional service during our lobby hours on Mondays from 9 AM to 12 PM. At South Metro, we believe in building lasting relationships with our members by understanding their financial needs and offering personalized solutions. We invite you to explore all our services and see how we can support your financial journey. Ready to get started? Give us a call at (952) 445-0888 or visit us online at https://www.southmet.com/ for more information!

Personal Banking Made Easy

Our personal banking services are designed to help you manage your day-to-day finances effortlessly. We offer Checking & Savings Accounts that allow you to easily access your funds while earning interest. Imagine having an account that fits your lifestyle whether it's for everyday expenses or saving for that special purchase, we have options for everyone. If you're looking to finance a vehicle, our Auto Loans & Vehicle Financing can get you on the road with competitive rates and flexible terms. Picture driving away in your new car without the stress of complicated financing processes. For those considering homeownership or refinancing, our Mortgage Loans & Refinancing options provide the support you need to navigate the housing market confidently. We understand that buying a home is a significant milestone, and we're here to guide you through every step.

Support for Your Financial Goals

In addition to these essentials, we offer Personal Loans & Debt Consolidation services that can help streamline your finances. If you're feeling overwhelmed by debt, our team is ready to assist you in creating a plan that works for you. Our Credit Cards with Rewards give you the chance to earn points on your everyday purchases. Imagine using your card for groceries or gas and getting rewards in return it's a simple way to enhance your spending power.

Digital & Online Banking

Convenient Online Access

Our online banking platform is available 24/7 at https://www.southmet.com/. Whether you're checking your balance, transferring funds, or paying bills, you can do it all with just a few clicks. No need to rush to the bank during business hours our services are always at your fingertips.

E-Statements for Eco-Friendly Banking

Stay organized and reduce paper clutter by opting for e-statements. It's not only a greener choice but also lets you access your statements anytime you need them all securely stored online.

Mobile Banking Made Easy

With our mobile application, managing your money on the go has never been simpler. Enjoy features like mobile payments, which allow you to make purchases directly from your phone. Plus, if you need to send money to friends or family quickly, our person-to-person transfer option has got you covered.

Security You Can Trust

We prioritize your security with robust measures in place to protect your personal information. While we currently do not support electronic signature authorization, rest assured that all transactions on our platform are encrypted and monitored for suspicious activity. At South Metro, we are committed to providing accessible and efficient banking solutions tailored for our members' needs. Join us today and experience the convenience of modern banking!

Financial Strength

Commitment to Growth

Our dedication extends to reinvesting in our community and enhancing the services we provide. With $15,398,415 in undivided earnings, we continuously improve our banking tools, lending options, and security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $848 in used auto loans and $115,770,795 in total loans and leases.

Member-Centric Approach

At South Metro, we prioritize our members above all else. Members' savings are secured through $32,535,427 in share certificates and $8,413,765 in money market shares, offering stable and rewarding financial growth opportunities. Additionally, with $2,580,000 in non-member deposits, we focus our resources on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our $56,691, enabling us to sustain competitive loan rates and solid financial products for you. We also take pride in having 27 full-time employees ready to assist you with a knowledgeable, committed team.

Solid Financial Health

With a net worth of $15,853,192, we demonstrate our commitment to robust financial management. This strength allows us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 8.81% showcases a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Strong Membership Base

The trust placed in us by our members is evident from our growing base of 10,413 share accounts. This shows that many individuals choose to trust their finances with South Metro, reinforcing our role as a cornerstone of the community. In summary, our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, South Metro is your trusted partner. Visit us at 7500 York Ave S Edina Mn 55435 or call (952) 445-0888 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 $17,260,678 in used vehicle loans and $16,530,896 in new vehicle loans already helping members get on the road. Whether you're considering a new model or a reliable used vehicle, our competitive rates make it easier for you to drive away with confidence.

Business Loans

For business owners, our outstanding commercial loans totaling $6,142,178 provide the capital needed to grow and expand. We're dedicated to supporting local businesses by offering tailored loan solutions that meet your specific requirements. At South Metro, we're committed to helping you find the right loan for your needs. If you're interested in refinancing options or want to check your eligibility for any of our products, please don't hesitate to reach out. You can contact us at 952-445-0888 during our operating hours on Monday from 9 AM to 12 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 us online at South Metro for more information about our services and how we can assist you further!

Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $1,320,383 in loans helping members manage their finances effectively. Our credit cards come with various benefits to suit your spending habits while ensuring you have access to funds when needed.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $2,768,597, make buying or refinancing simple. We offer flexible terms and can help guide you through the process of securing a mortgage that fits your budget and lifestyle.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. This tool is designed to empower users with reliable information so they can make informed financial decisions. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This means the offers you see are based on the latest results, ensuring fair and transparent options for all users (Source: https://www.ncua.gov). One of the standout features of LendMesh is its commitment to verified data. All loan offers come from legitimate financial institutions, which helps maintain transparency in the lending process. Additionally, LendMesh does not prioritize lenders based on paid promotions there are no sponsored listings here. The goal is to provide unbiased results that truly reflect the market. With real-time rate comparisons from multiple institutions, users can quickly find the best rates tailored to their needs. This feature allows individuals to stay updated on changing interest rates and make decisions confidently. Thousands of users trust LendMesh for 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 how effective LendMesh can be in helping users secure better loan terms. 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.*

SOUTH METRO FEDERAL CREDIT UNION - Edina, MN

Compare Loan Rates Near You

Loan rates in Edina, MN (55435)

Introduction

Branch History & Mission

Branch Location & Accessibility

Convenient Access and Features

Explore Our Services

Member Eligibility

Business Banking & Commercial Services

Comprehensive List Of Services

Business Banking Solutions

Convenient Online Access

Personal Banking Made Easy

Support for Your Financial Goals

Digital & Online Banking

Convenient Online Access

E-Statements for Eco-Friendly Banking

Mobile Banking Made Easy

Security You Can Trust

Financial Strength

Commitment to Growth

Member-Centric Approach

Operational Efficiency

Solid Financial Health

Strong Membership Base

Loan Offering

Auto Loans

Business Loans

Credit Card Loans

Mortgage Loans

Loan Aggregator

Customers Also Interested In: