South Shop Federal Credit Union

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A short history of South Shop FCU

Since its inception in 1938 the South Shop Federal Credit Union has been serving its members in the Blue Island, 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 LaCoco, the South Shop FCU has grown its membership to over 1,200 with assets of more than $13,350,467. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (708) 925-9500 or email them at ctassu7@hotmail.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Blue Island, IL.

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

Charter Number 2682
Address 3300 Burr Oak Ave Ste 200 
City Blue Island 
State Illinois 
Zip-Code 60406
Phone Number (708) 925-9500
Fax Number (773) 873-8334
Email Address: ctassu7@hotmail.com
CEO/President Frank LaCoco
Members 1,200 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 13,350,467 
Website http://www.southshopfcu.org 

Compare South Shop Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Acme Continental CU Riverdale Office 13601 S Perry Ave 60827 (708) 849-3113 No 2.98
Chicago Fire Officers' Association CU Chicago Fire Officers' Association Credit Union 10231 S Western Ave 60643 (773) 445-1700 No 3.87
Chicago Post Office Employees CU CPOECU MAIN BRANCH 10027 S WESTERN AVE 60643 (773) 881-2500 No 4.13
School District 218 Employees CU SD218 EFCU 4625 W 107th St 60453 (708) 423-8065 No 4.27
District 123 CU corporate 9830 Brandt Ave 60453 (708) 952-7749 No 4.47

South Shop Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


South Shop 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 11.88 4.50 6.50 N/A N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 405 341 499 N/A N/A
Rank Among All Illinois Credit Unions 51 90 103 N/A N/A

South Shop Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.75 N/A N/A N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 46 N/A N/A N/A
Rank Among All Illinois Credit Unions N/A 10 N/A N/A N/A
South Shop Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.880268573,477
All Other Unsecured Loans/Lines of Credit 15.0004221,501,104
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.500781,317,839
Used Vehicle Loans 6.500811,129,727
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.50029212,395
TOTAL LOANS & LEASES 8784,734,542

South Shop 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 0000
    b. 15 Years or less 0000
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 0000

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

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