South Side Community Credit Union Chicago IL | Best Auto Loans & Low Mortgage Rates

Introduction

Welcome to South Side Community, where our commitment to your financial well-being is at the heart of everything we do. Located at 5401 S Wentworth Ave, Chicago, IL 60609, our branch has proudly served the community since 2003. With a total membership of over 1,700 members, we understand the unique needs of our neighbors and strive to offer personalized financial solutions tailored just for you. At South Side Community, we are more than just a credit union; we're a partner in your financial journey. Our total assets stand at an impressive $5,996,140, providing us with the resources needed to support our community effectively. Whether you're looking for checking and savings accounts, auto loans, or even mortgage refinancing options, we have you covered. We currently manage $1,587,595 in deposits and have issued 153 loans to help our members achieve their dreams. Our dedicated team, led by CEO Gregg Brown and Board President Byron Jones, works diligently to ensure that you receive exceptional service every time you visit or contact us. With a small but efficient staff of 5 employees, we pride ourselves on being accessible and responsive to your needs. While members can visit us at our main office for all their banking needs, any official correspondence should be directed to the same address: 5401 S Wentworth Ave, Chicago, IL 60609. Feel free to reach out to us at 773-548-5500 during our lobby hours: Monday, Wednesday & Friday from 9 AM to 5 PM and Saturday from 10 AM to 2 PM. Join us today and discover how South Side Community can make a difference in your financial life! Visit our website at southsidecommunityfcu.org for more information or stop by our branch we're here to help you succeed!

Branch History & Mission

A Legacy of Growth

Since opening our doors, South Side Community has evolved significantly. We have embraced change while staying true to our mission: to improve the financial well-being of our members through personal banking solutions and community support. Our dedicated team has always prioritized understanding the needs of our members, ensuring they receive the best possible service and guidance on their financial journeys. We are proud to serve diverse financial needs including checking and savings accounts, auto loans, mortgage loans, personal loans, and business banking services. Each product we offer is designed not just for convenience but also with the goal of making banking accessible for all.

Commitment to Accessibility

As part of our commitment to accessibility, we ensure that all our facilities meet ADA compliance standards. While we currently do not offer ATM or drive-thru services at this location, we pride ourselves on delivering exceptional customer service during our operating hours: Monday, Wednesday & Friday from 9 AM to 5 PM and Saturday from 10 AM to 2 PM. For any inquiries or assistance, you can reach us at 773-548-5500. We also understand that digital advancements are crucial in today's world. That's why we offer online banking options alongside mobile applications making it easier than ever for members to manage their finances on-the-go.

Join Us!

As we continue to grow and adapt to meet your needs, we invite you to be part of our journey at South Side Community. Experience firsthand how we can help you achieve your financial goals while contributing positively to our vibrant community. Visit us at 5401 S Wentworth Ave or connect with us online at southsidecommunityfcu.org. Together, let's build a brighter future!

Mission Statement

At South Side Community, our mission is clear: we aim to empower individuals and families by providing them with the tools they need for financial success. We believe in building strong relationships within the community and supporting local initiatives that make a difference. Whether it's through educational workshops or partnerships with local organizations, we strive to give back to the very community that supports us.

Branch Location & Accessibility

Convenient Access

Parking is available near the branch, allowing you to park with ease while you handle your banking needs. The building is designed with accessibility in mind, featuring ramps and ADA-compliant facilities so that everyone can enjoy a smooth visit.

Operating Hours

We understand that life can get busy! That's why we offer convenient lobby hours on Monday, Wednesday, and Friday from 9 AM to 5 PM, and Saturday from 10 AM to 2 PM. This schedule provides flexibility for you to drop by when it works best for you.

Services Offered

At South Side Community, we pride ourselves on offering a range of services tailored to meet your financial goals. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Plus, our business banking services ensure that local entrepreneurs have the support they need to thrive. While we currently do not have ATM or drive-thru services available at this location, our dedicated staff is here to help with all your transactions in person. Feel free to reach out via phone at 773-548-5500 if you have any questions before your visit.

Visit Us Today!

We invite you to experience the welcoming atmosphere of South Side Community. Our knowledgeable team looks forward to helping you with all your banking needs. Stop by or give us a call today!

Member Eligibility

Becoming a member of South Side Community is more than just opening an account; it's about joining a warm and welcoming community that truly cares about your financial well-being. If you're looking to become part of our family, you'll be pleased to know that eligibility is open to anyone who lives, works, worships, or attends school in our local area. We value diversity and encourage everyone to experience the benefits of membership. Once you're eligible, the process is straightforward and friendly just visit us at our branch located at 5401 S Wentworth Ave Chicago Il 60609, or give us a call at (773) 548-5500 for more details. For those interested in diving deeper into the specifics of membership eligibility, feel free to check out our detailed guidelines at . Joining South Side Community means you'll have access to a variety of services designed with your needs in mind, from personal banking solutions to loans and credit options. We're here to support you every step of the way!

Business Banking & Commercial Services

At South Side Community, we understand that running a business is more than just a job it's a passion. We're here to support your journey with tailored banking solutions designed to help you thrive. Imagine having the financial backing to expand your operations, hire new staff, or invest in better equipment. Our commercial loan options are crafted for this very purpose. 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. In addition to loans, we offer merchant services that simplify transactions for you and your customers. Whether it's processing credit card payments or managing payroll, our tools are designed to keep your business running smoothly. Located at 5401 S Wentworth Ave, Chicago, IL 60609, we're just a call away at 773-548-5500. Let's work together to turn your business vision into reality!

Comprehensive List Of Services

Auto Loans & Vehicle Financing

If you're considering purchasing a new car, our auto loans and vehicle financing options could be just what you need. We understand that buying a vehicle is a significant investment, and we're here to guide you through the process. With competitive rates and flexible terms, we make it easier for you to drive away in the car of your dreams.

Business Banking

If you're a business owner, you'll appreciate our business banking services which include merchant services and business loans. We understand the unique challenges that come with running a business, so we're committed to helping you succeed by offering tools tailored specifically for your needs.

Credit Cards with Rewards

For those who love shopping or traveling, consider our credit cards with rewards programs. These cards not only provide convenience but also allow you to earn points on purchases that can be redeemed for various rewards. It's like getting paid back just for using your card!

Mortgage Loans & Refinancing

Homeownership is a goal for many, and at South Side Community, we offer mortgage loans and refinancing options to help make that dream a reality. Whether you're buying your first home or looking to lower your monthly payments through refinancing, our experienced team is ready to assist you every step of the way.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we offer online and mobile banking services that allow you to manage your accounts anytime, anywhere. Check balances, pay bills, and transfer money all from the palm of your hand. At South Side Community, we pride ourselves on being more than just a financial institution; we are part of the community. Our commitment is reflected in every service we provide. Stop by our branch at 5401 S Wentworth Ave Chicago Il 60609 or call us at (773) 548-5500 today! Let us help you achieve your financial goals with ease and confidence.

Personal Banking

Starting with personal banking, we offer checking and savings accounts that help you manage your day-to-day finances effortlessly. Imagine having a checking account that keeps your money safe while allowing easy access whenever you need it. Our savings accounts not only help you set aside funds but also earn interest over time, making your money work for you.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way. That's why we provide personal loans and debt consolidation services designed to give you the financial relief you need. Whether it's for a medical bill or consolidating credit card debt, our personalized approach ensures that we find the best solution for your situation.

Digital & Online Banking

Key Features

Stay organized and informed with e-statements. Enjoy the convenience of receiving your account statements electronically, giving you instant access to important financial information without the clutter of paper. Plus, if you need to send money to friends or family quickly, our person-to-person transfer feature allows you to do just that with ease. For those who prefer mobile banking, our user-friendly mobile application is here for you. While mobile payments are not currently supported, our app still lets you manage your accounts on the go and stay connected with your finances anytime.

Security and Convenience

We prioritize your security as much as your convenience. While we do not offer electronic signature authorization at this time, our online banking system is designed with multiple layers of security to protect your personal information and transactions. At South Side Community, we are committed to providing a banking experience that is accessible, efficient, and secure. Whether you're at home or out running errands, managing your money has never been easier! Explore all that our digital banking services have to offer today!

Financial Strength

A Growing Community

Total Share Accounts: 2,518, showing a strong and growing member base that trusts us with their finances. We value each member's contribution as part of the South Side Community family. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, South Side Community is your trusted partner. Visit us at 5401 S Wentworth Ave Chicago Il 60609 or call (773) 548-5500 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.

Dedicated Team

We take pride in having 3 full-time employees and 2 part-time employees ready to assist you at every turn. Our knowledgeable team is committed to helping you navigate your financial journey with ease.

Member-Centric Approach

Unlike traditional banks, we prioritize our members. With non-member deposits at $382, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. We believe in investing in our community and putting our members first.

Operational Efficiency

While our recent net income of $-208,214 indicates some challenges, it also reflects our commitment to operational efficiency. We're continuously working to improve our offerings so that we can provide even better service moving forward.

Reinvesting for the Future

With $1,068,545 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This ensures that as our membership grows, so do the benefits you receive.

Secure Savings Opportunities

Members' savings are secured through $93,457 in share certificates, offering stable and rewarding financial growth opportunities. Although we do not currently offer money market shares, our focus remains on delivering safe and reliable savings options tailored to your needs.

Strong Capital Foundation

With a net worth of $1,234,591, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $2,059 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. This means that our operations are backed by a strong reserve, protecting your investments and deposits.

Supporting Your Financial Goals

Our lending capacity supports members' financial goals across various sectors with $35 in used auto loans and $946,071 in total loans and leases. This diverse range of loan options empowers you to make significant purchases or investments while enjoying competitive terms.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $432,688 in used vehicle loans and $118,984 in new vehicle loans already helping members get on the road. Whether you're looking for a reliable used car or a brand-new model, our team is here to guide you through the financing process.

Credit Lines and Personal Loans

If you're looking for flexible financing options, our credit lines total $611,000. These are perfect for managing unexpected expenses or consolidating debt into one manageable payment.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $0, make buying or refinancing simple. We can assist you with various mortgage solutions tailored to fit your lifestyle and budget.

Refinancing Options

If you're considering refinancing any existing loans, we encourage you to reach out. We can help you explore eligibility options that might lower your monthly payments and save on interest costs. For more information about our loan products or to get started on your application, please visit us at our branch located at 5401 S Wentworth Ave Chicago Il 60609 in Chicago, IL, or give us a call at (773) 548-5500. We're here to help you every step of the way! Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $0 in loans helping members manage their finances effectively. Our credit cards come with competitive rates and rewards programs that add value to your everyday spending.

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 help you make informed decisions with ease. LendMesh ensures accurate loan comparisons through a rigorous sourcing process. Loan data on LendMesh is obtained 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 using verified sources guarantees that users receive fair and transparent offers. Using LendMesh has several benefits: - 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 allow you to 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 feedback highlights how LendMesh can effectively assist users in navigating their borrowing options. 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 SIDE COMMUNITY FEDERAL CREDIT UNION