Scott Credit Union adds new Illinois counties to field of membership
Local credit union services are now offered to residents of 26 counties in Illinois and in St. Louis County
EDWARDSVILLE, IL (December 13, 2018) — People who live or work in nine Illinois counties are now eligible to open accounts with Scott Credit Union and take advantage of the value that it offers.
The credit union, with headquarters in Edwardsville, IL, recently received approval to add nine counties to its field of membership, according to Scott Credit Union President & CEO Frank Padak.
“Now, people who live or work in nine additional counties can take advantage our services and the better value we offer,” Padak added. “We are growing, adding branches, and now are able to serve even more people. It’s an exciting time to be part of Scott Credit Union.”
The new counties include Calhoun, Jersey, Greene, Morgan, Sangamon, Christian, Shelby, Jasper and Crawford, Padak added.
“We welcome the residents in the nine counties to see why we are a great money-saving alternative,” he said.
Scott Credit Union is open to anyone who lives or works in a 26-county area, including Madison, St. Clair, Monroe, Morgan, Sangamon, Calhoun, Greene, Jersey, Macoupin, Montgomery, Christian, Shelby, Bond, Fayette, Effingham, Jasper, Crawford, Clinton, Marion, Washington, Jefferson, Randolph, Perry, Franklin, Jackson, or Williamson counties in Illinois. Anyone who lives or works in St. Louis County, Missouri also can open accounts at SCU. Additionally, anyone active or retired military also can have accounts with Scott Credit Union.
Scott Credit Union is a financial cooperative. When people open accounts at the credit union, they become a member and an owner. Because of its structure, Scott Credit Union has given $11 million back to members through a bonus dividend and loan interest rebate over the past 11 years.
“Our structure is really the best for consumers,” Padak added. “We don’t answer to a small group of stockholders. We answer to our members. Because of that structure, we pay more on our members’ savings, charge less when they need to borrow and keep fees low.”
About Scott Credit Union
Scott Credit Union is a full-service financial cooperative. When someone opens an account at the credit union, they become a member and an owner. Because of its structure, Scott Credit Union has given back nearly $13 million to members through a bonus dividend and loan interest rebate over the past 13 years.
Scott Credit Union currently has 20 area locations: Affton, MO; Ballpark Village in St. Louis, MO; Belleville, IL (two branches); Collinsville, IL; Columbia, IL; Crestwood, MO; Edwardsville, IL (two branches); Fairview Heights, IL; Ferguson, MO; Highland, IL; Ladue, MO; Lebanon, IL; Mascoutah, IL; O’Fallon, IL; Troy, IL; Scott Air Force Base in Illinois; Waterloo, IL; and Wood River, IL.
For details on career opportunities at Scott Credit Union, visit www.scu.org/careers
