Press
Scott Credit Union Ceremony Marks Opening of New Home Office in Edwardsville
50,000 Square Foot Building Includes SCU’s 15th Branch
October 23, 2012– A crowd of about 75 was on hand recently to see representatives from Scott Credit Union officially open its new 50,000-square-foot Home Office at the Edwardsville Corporate Centre.
The location now houses about 100 executive, administrative, and operational employees and includes the local credit union’s 15th branch office on Route 143 at Staunton Road near Interstate 55. The Home Office branch includes drive up lanes and a 24-hour ATM.
“We are extremely proud to be opening our second Edwardsville location,” said Scott Credit Union President & CEO Frank Padak. “Our new Home Office is a state-of-the-art facility that will position us to serve our more than 100,000 members and grow into the future.”
Padak also announced that the new Home Office will be named the Betty Renth Building.
Current SCU Board Chairman Betty Renth, who has been involved in the credit union’s growth from one location on Scott Air Force Base, to now building a 15th location, was honored and presented with a photo of the artist’s rendering of the building.
“Miss Renth has been a volunteer on the Scott Credit Union Board of Directors for 56 years and has been a major part of the vision and guidance to make the credit union what it is today,” Padak told the crowd. “Betty also has been a leader and champion for the credit union industry throughout her service to SCU. Too often people are recognized after they have retired. The Board felt it was appropriate to recognize Betty today as we celebrate the opening of our new Home Office.”
Additionally, Scott Credit Union Facilities Administration Manager Tracie Buettner also recognized the contractor, L Wolf Construction, and the architectural and interior design firms who worked on the project.
“Tracie was really the life-blood of this project,” Padak added. “She has worked tirelessly in the planning and project coordination on the new building.”
Madison County Board Chairman Alan Dunstan and State Senator Bill Haine also addressed the crowd and congratulated Scott Credit Union on its success and opening of its new Home Office.
Padak also recognized Hortica Insurance representatives. Scott Credit Union purchased about 13 acres in the Edwardsville Corporate Centre from Hortica.
“I also want to recognize and thank Mona Haberer of Hortica Insurance,” Padak added. “Mona and her team have been a pleasure to work with and we are excited to be neighbors with them.”
Padak noted that the building is designed to be environmentally friendly and to provide SCU employees with an exceptional work experience.
“We are pleased to announce that we have applied for LEED Certification,” he noted. “This new Home Office is about providing our employees with a great environment that will enhance their work life experience. It is our members who drive our decisions and success and we understand that having exceptional employees providing great service is what keeps our members coming back and new members opening accounts.”
Representatives from Scott Credit Union also recognized its commitment to the Edwardsville community with a $5,000 check to the Glen-Ed Pantry.
Pantry Executive Director Judy Moody was on hand to accept the check, which helped support area students in need of supplies for back to school and to support community members who are served by the pantry.
“We also completed the day by presenting each of our guests with a $10 gift card that we asked for them to pay forward to any friend or neighbor in the community who is in need,” Padak added. “The credit union industry’s philosophy is ‘People Helping People’ and this effort to ask others to pay it forward and help someone in need is our way of encouraging others to live by that philosophy.”
Scott Credit Union, which has nearly $900 million in assets and nearly 200 employees, serves more than 103,000 members worldwide.
“Scott Credit Union is a member-owned, not-for-profit financial institution that is governed by a volunteer Board of Directors made up of our members,” Padak said. “Our profits are returned to our members in the form of higher savings rates, low loan rates, low fees, and through convenient locations and better products and services.”
Scott Credit Union is open to anyone who lives or works in a 17 county area, including Madison, St. Clair, Monroe, Randolph, Perry, Franklin, Jefferson, Washington, Clinton, Marion, Bond, Macoupin, Montgomery, Fayette, Effingham, Williamson, and Jackson counties. 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 currently has 15 area locations: Scott Air Force Base, East Belleville, Fairview Heights, Collinsville, O’Fallon, Edwardsville, Waterloo, Highland, Caseyville, West Belleville, Millstadt, Mascoutah, Troy, East Alton and its new Home Office.
For details on opening accounts at Scott Credit Union, visit www.scu.org.