South_Shop Credit Union | Rewards Credit Cards & Auto Loans

Introduction

Welcome to south-shop, a trusted financial institution established in 1938 with a steadfast commitment to serving our community and empowering our members. Located in the heart of Alsip, IL, we pride ourselves on offering personalized banking solutions that cater to the diverse needs of our members. Under the leadership of CEO Frank LaCoco and Board President Timothy Biocic, we strive to foster an environment where financial well-being is accessible to everyone, from individuals seeking personal loans to businesses in need of tailored banking services.

At south-shop, your peace of mind is our priority. We are proud to be insured by the NCUA since 1/4/1971 0:00, ensuring that your deposits are safeguarded. Embracing modern banking technology, we offer convenient online banking services, e-statements, and a range of tools designed to make managing your finances easier than ever. While we currently do not provide mobile payments or a mobile app, our commitment to enhancing your banking experience remains unwavering. For any inquiries, feel free to reach us at our fax number: (773) 873-8334 or visit us online at https://southshopfcu.org/. Join us as we continue to build a brighter financial future together!

Financial Services

At South Shop, we pride ourselves on offering a comprehensive range of financial services tailored to meet the diverse needs of our members. Whether you’re looking for personal banking solutions such as checking and savings accounts, or specialized services like auto loans and vehicle financing, we have you covered. Our mortgage loans and refinancing options can assist you in achieving your homeownership dreams, while our credit cards with rewards add extra value to your everyday spending. For small business owners, our business banking services—including merchant services and business loans—are designed to help you grow and thrive in today’s competitive landscape.

In today’s fast-paced world, having convenient digital access is essential. That's why South Shop provides online banking that allows members to manage their finances from anywhere at any time. Although we currently do not offer a mobile app or person-to-person transfer capabilities, our online platform ensures that accessing e-statements and managing your accounts is seamless and straightforward. As part of our commitment to making banking easier for you, we encourage potential members to check their eligibility through . Additionally, for those considering various loan options, our loan comparison tools at https://www.lendmesh.com/loans/vehicle_loans make it simple to find the best rates available.

We understand that every financial journey is unique, which is why our dedicated team is here to provide personal support whenever needed. If you have questions or need assistance, feel free to reach out via fax at (773) 873-8334. At South Shop, we're committed to empowering our members with the tools and resources they need to navigate life’s milestones with confidence.

Financial Highlights

South Shop has established itself as a trusted and valuable financial partner for its members, demonstrating a commitment to service excellence and financial stability since its inception in 1938. With a total membership of 1,284, South Shop fosters a strong community of individuals who rely on its diverse range of services. The credit union's impressive total assets amounting to 11,683,025 reflect a solid foundation, ensuring that members' deposits are secure and accessible.

The net worth of 2,343,219 indicates the credit union's financial health and resilience, providing peace of mind to those who choose to bank with them. Additionally, South Shop's net income of 66,370 showcases its ability to generate revenue while maintaining a focus on member-centric solutions. With total deposits reaching 655,876 and an extensive portfolio of loans and leases totaling 749, South Shop actively supports its members in achieving their financial goals, whether through personal banking, auto loans, or business financing.

Employing a dedicated team of just 5 professionals, South Shop emphasizes personalized service that larger institutions may overlook. This small but efficient workforce allows the credit union to maintain high levels of customer satisfaction while effectively managing a net worth ratio of 2,006, which speaks volumes about its stability compared to industry standards.

In addition to its robust offerings in personal and commercial loans—including a notable credit card loan volume of and an auto loan volume of —South Shop remains transparent in its operations. The absence of commercial loans or borrowings underscores the institution’s prudent management practices, ensuring that it operates within safe parameters while still meeting member needs.

The performance insights and financial data referenced here are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov. To explore how South Shop can meet your financial needs more effectively, compare real-time loan offers today at https://www.lendmesh.com/loans/vehicle_loans and find the best rates tailored for you.

South Shop CU

Introduction

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Financial Highlights

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