Scott Credit Union

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A short history of Scott CU

Since its inception in 1943 the Scott Credit Union has been serving its members in the EDWARDSVILLE, Illinois area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Frank Padak, the Scott CU has grown its membership to over 138,186 with assets of more than $1,118,762,490. They have a main office and 15 branch offices. Please see the credit unions website or contact them by phone at (618) 345-1000 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in EDWARDSVILLE, IL.

General Information For Scott CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 66370
State Illinois 
Zip-Code 62025
Phone Number (618) 345-1000
Fax Number (618) 659-8578
Email Address:
CEO/President Frank Padak
Members 138,186 
Full-Time Employees 236 
Part-Time Employees
Number of Branch Offices 15 
Total Assets 1,118,762,490 

Compare Scott Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Madco CU Madco Credit Union 157 N Main St Rm 31 62025 (618) 656-5735 No 2.96
Siue CU Main Office 1566 Lewis Rd 62026 (618) 650-3760 No 4.24
1st Midamerica CU East Alton Office 419 N Shamrock St 62024 (618) 258-3168 No 5.41
B.e.a. CU BEA Credit Union 610 Texas Blvd 62010 (618) 377-3948 No 6.24
Midwest Members CU Midwest Members Federal Credit Union 2813 N Center St 62062 (618) 254-0605 No 6.35

Scott Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Scott Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.90 2.49 3.09 3.88 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 151 83 102 121 100
Rank Among All Illinois Credit Unions 15 24 30 23 18

Scott Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.80 0.25 0.40 0.75 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 46 95 76 215 266
Rank Among All Illinois Credit Unions 5 24 11 35 43
Scott Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.90014,23027,942,170
All Other Unsecured Loans/Lines of Credit 10.9004,5238,189,389
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.4907,399121,117,554
Used Vehicle Loans 3.09043,656470,242,053
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.8801,367139,921,489
Total Other Real Estate Loans/Lines of Credit 4.0001,00320,490,473
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.9909,537100,935,188
TOTAL LOANS & LEASES 81,715888,838,316

Scott Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 33547,859,00920431,815,404
    b. 15 Years or less 90778,340,9589110,871,730
    a. > 15 years 555,099,9349994,603
    b. 15 Years or less 141,841,2947249,117
Other Fixed Rate 259,54200
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 546,720,7521212,200


Closed-End Fixed Rate 1703,554,81033942,078
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 83316,935,663572,795,570
Open-End Fixed Rate 0000
TOTALS 2,370160,411,96240247,880,702


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 982,521,667343,150
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Scott Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes