Scott Credit Union is a federally insured state credit union based in Edwardsville, Illinois. It has been opened since 1943, for 79 years.
With around $1,219,600,000 in assets, Scott Credit Union is considered to be a very large credit union. It has 17 branches and 16 ATM locations.
|Address|| 101 Credit Union Way |
Edwardsville, Illinois 62025
|CEO||Frank M. Padak|
|President of the Board||William Hostetter|
|Services Offered|| |
With 142,796 members, the Scott Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 97% of credit unions.
Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.
The average fee per member gives you a general sense of how much you might pay in fees as a member of the Scott Credit Union. Some credit unions tend to charge more fees, while others charge less.
Scott Credit Union has 253 full-time staff members and 0 part-time staff members.
The number of members relative to staff members is an indication of how well staffed the credit union is. Scott Credit Union has around 564 members per staff, a high ratio compared to other credit unions.
A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength
The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.
Scott Credit Union holds a total of $996,400,000 in loans and leases, which is about $11,674 per member on average.
A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.
A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Scott Credit Union pays 0.25%.