Sioux Falls Federal Credit Union

Social
  • +1

A short history of Sioux Falls FCU

Since its inception in 1934 the Sioux Falls Federal Credit Union has been serving its members in the Sioux Falls, South Dakota 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 Fran Sommerfeld, the Sioux Falls FCU has grown its membership to over 27,862 with assets of more than $265,462,084. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (605) 334-2471 or email them at info@siouxfallsfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Sioux Falls, SD.

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

Charter Number 60
Address 1741 S Cleveland Ave 
City Sioux Falls 
State South Dakota 
Zip-Code 57103
Phone Number (605) 334-2471
Fax Number () -
Email Address: info@siouxfallsfcu.org
CEO/President Fran Sommerfeld
Members 27,862 
Full-Time Employees 89 
Part-Time Employees
Number of Branch Offices
Total Assets 265,462,084 
Website http://www.siouxfallsfcu.org 

Compare Sioux Falls Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Service First CU Service First Federal Credit Union 3901 E 10th St 57103 (605) 336-1047 No 0.81
First Century CU First Century FCU 1512 E Benson Rd 57118 (605) 335-1070 No 3.09
Voyage CU Dawley Farm Branch 5800 E 18th St Ste 101 57109 (605) 338-2533 No 4.00
Sioux Empire CU Southwest Branch 5010 S Solberg Ave 57109 (605) 367-7070 No 5.29
Good Samaritan CU GOOD SAMARITAN FCU 4800 W 57th ST 57108 (800) 488-4584 No 5.55

Sioux Falls Federal Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Sioux Falls Federal 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 11.20 3.49 3.49 3.00 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 357 208 146 26 229
Rank Among All South Dakota Credit Unions 12 16 9 2 14

Sioux Falls Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.10 0.20 0.35 0.35
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 129 114 293 250
Rank Among All South Dakota Credit Unions 5 11 7 23 17
Sioux Falls Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.2005,13111,406,034
All Other Unsecured Loans/Lines of Credit 15.0004,9205,528,265
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 5.000111316,491
New Vehicle Loans 3.4902975,222,722
Used Vehicle Loans 3.4905,45857,347,952
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.00017321,010,104
Total Other Real Estate Loans/Lines of Credit 5.0004279,949,723
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.5001,57622,352,972
TOTAL LOANS & LEASES 18,093133,134,263

Sioux Falls Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 7744,15216630,171,324
    b. 15 Years or less 11713,589,627314,983,594
Balloon/Hybrid
    a. > 15 years 81,144,5622325,000
    b. 15 Years or less 415,531,76361,005,920
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 2316,162,553341,320,852
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1963,787,1702352,342,013
Open-End Fixed Rate 0000
TOTALS 60030,959,82747440,148,703

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

Sioux Falls Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
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 Yes
Home Banking Via Internet Website Yes